Continental Resources Inc. has signed separate agreements to buy producing and undeveloped properties in the Bakken Shale for $650 million, and to sell land and assets in its east region for $125 million.
Land
Articles from Land
Environmental Review for Ruby Pipeline Ordered
The U.S. Department of Interior’s Bureau of Land Management (BLM) and U.S. Fish and Wildlife Service (FWS) violated the Endangered Species Act and the National Environmental Policy Act when they approved the 700-mile Ruby Pipeline, an appeals court has ruled. The agencies must now develop additional mitigation measures.
EPA Petitioned for Oil, Gas Inclusion in Toxics Release Inventory
Seventeen environmental groups Wednesday filed a petition with Environmental Protection Agency (EPA) to include the oil and gas extraction industry, particularly hydraulic fracturing (fracking) operations, in its Toxics Release Inventory (TRI) reporting requirements.
Court Orders Additional Environmental Mitigation for Ruby Pipeline
The U.S. Department of Interior’s Bureau of Land Management (BLM) and U.S. Fish and Wildlife Service (FWS) violated the Endangered Species Act and the National Environmental Policy Act when they approved the 700-mile Ruby Pipeline, an appeals court has ruled. The agencies must now develop additional mitigation measures.
Murphy Oil to Keep ‘Very’ Focused on Eagle Ford
Murphy Oil Corp.’s plans to spin off its downstream operations will allow it to focus more time and money on exploration and production (E&P) opportunities, including a big leasehold in the Eagle Ford Shale, executives said Tuesday.
Chesapeake Markets Granite Wash, Hogshooter Acreage
Chesapeake Energy Corp. is looking for buyers for some land in Western Oklahoma’s emerging Granite Wash and Hogshooter plays, according to Meagher Energy Advisors.
BLM Schedules Alaska Auction for November
The Interior Department’s Bureau of Land Management (BLM) Tuesday announced that it will hold an oil and natural gas auction on Nov. 7 in the National Petroleum Reserve-Alaska (NPR-A), its second in less than a year, offering producers 400 tracts and an estimated 4.5 million acres to explore.
Monterey Shale Fracking Lawsuit Previewed
The San Francisco-based Center for Biological Diversity has issued a 60-day notice of intent to file a lawsuit against the Bureau of Land Management (BLM) for allegedly failing to keep wildlife protected from hydraulic fracturing (fracking) of oil and gas wells on federal lands it manages in the Monterey Shale in central California.
Industry Briefs
Sugar Land, TX-based Santrol, a Fairmount Minerals company, now has five Eagle Ford Shale rail terminals to handle proppant used for hydraulic fracturing in the Eagle Ford Shale of South Texas. By expanding to five Eagle Ford terminals, Santrol can ship more than one million tons of proppant per year throughout the formation, the company said. The terminals are supplying Santrol’s northern white frack sand and resin-coated proppants. “We have more terminals with more available rail car capacity than any other frack sand supplier in the region,” said Tom Bonno, Santrol terminal field service manager. The five terminals are located in: Alice, where there are two, Gardendale, Gonzales and San Antonio. All of the terminals operate 24 hours a day, seven days a week.
BLM Action Would Spur Development in Colorado’s Piceance Basin
The Interior Department’s Bureau of Land Management (BLM) has issued an amendment to the draft White River Resource Management Plan for oil and natural gas development in northwestern Colorado’s Piceance Basin over the next 20 years.