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Forest Oil Corp. has struck an agreement with Schlumberger that the company said will allow it to accelerate development of its Eagle Ford Shale acreage.

There could be increased bilateral cooperation between the United States and Mexico in several energy sectors, including development of the Eagle Ford Shale south of the border, depending on developments in Mexico’s latest reform government, according to an expert on Mexican policy.

Natural gas spot prices, which averaged $2.75/MMBtu at the Henry Hub last year and $3.33 last month, are expected to climb to an average of $3.41 this year and $3.63 in 2014, according to the Energy Information Administration (EIA).

Oneok Inc. and its pipeline partnership currently are experiencing more than 90,000 b/d of ethane rejection across the natural gas liquids (NGL) pipeline systems, a level expected to be in place “for much of the year,” a top executive said last week.

Oneok Inc. and its pipeline partnership currently are experiencing more than 90,000 b/d of ethane rejection across the natural gas liquids (NGL) pipeline systems, a level expected to be in place “for much of the year,” a top executive said Tuesday.

With U.S. natural gas prices still the “great uncertainty,” Los Angeles-based Occidental Petroleum Corp. (Oxy) is undertaking a cost-cutting program designed to increase margin while it continues to emphasize oil production growth over natural gas in its domestic U.S. plays, CEO Steve Chazen said Thursday during a 4Q2012 conference call. He reported lower quarter-over-quarter results related to a one-time Midcontinent natural gas assets impairment charge.

Any action to restrict greenhouse gas (GHG) emissions will primarily come at the regulatory level rather than in Congress this year, said an official with the Independent Petroleum Association of America (IPAA). The would be the best route for President Obama, who begaun his second term in office last week and indicated one focus would be on climate change.

Despite producing less wastewater per unit of natural gas produced compared with conventional wells, the enormity of the Marcellus Shale’s growth has increased total wastewater generated in the region by about 570% since 2004, “overwhelming current wastewater disposal infrastructure capacity,” according to a study by researchers at Duke and Kent State universities.

Any action to restrict greenhouse gas (GHG) emissions will primarily come at the regulatory level rather than in Congress this year, said an official with the Independent Petroleum Association of America (IPAA). The would likely be the best route for President Obama, who started his second term Monday, to make effective climate changes.