Secretary of the Interior Ken Salazar on Friday announced the department’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and tar sands resources on more than 800,000 acres of Bureau of Land Management (BLM) lands in three western states.
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Unconventional Opportunities Still Open in North America, Says Tudor
North American oil and natural gas producers are in the “middle to latter stages of the land grab” for unconventional properties, but there still will be opportunities down the road for others to pitch a claim, said Tudor, Pickering, Holt & Co. Inc.’s (TPH) Bobby Tudor.
Christmas Holiday Pushes Cash, Futures Lower, Despite Winter Storm
Despite a decided turn toward more winter-like weather in a number of regions of the United States on Monday, the expected decrease in natural gas demand tied to the Christmas Holiday proved to be enough to send nearly all pricing points lower, with a majority of the declines recorded across the country coming in at more than a dime.
South Dakota Joins Push on Drilling Rules
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Ohio Landowners Optimistic They Will Lease Their 95K Acres
Several groups of Ohio landowners looking to lease thousands of acres in the Utica Shale believe their prospects are getting brighter now that the U.S. presidential election is over, oil and natural gas companies are starting to make moves and promising results are emerging from a well in Athens County.
Carrizo CEO: ‘Not Treading Water’ With Gas
Like many, but not all, producers, Houston-based Carrizo Oil & Gas Inc. has shifted to oil because that’s where the profits are.
Pennsylvania PUC Recalculates Some Impact Fee Payments
The Pennsylvania Public Utility Commission (PUC) last week had taken down from its website a list of how impact fee revenue generated by Act 13, the state’s new omnibus Marcellus Shale law, was distributed to county and municipal governments.
Atlas Fined Again for 2010 Pennsylvania Well Fire, This Time by EPA
A spokesman for the Pennsylvania Department of Environmental Protection (DEP) said the U.S. Environmental Protection Agency’s (EPA) decision to fine an energy company for a 2010 fire could be the first time federal and state regulators have levied fines for the same incident in the Marcellus Shale.
S&P: Marcellus Shale Production Rewriting Gas Flows, Pricing
Rapid development of the Marcellus Shale is attracting new exploration and production (E&P) activity, a trend that is affecting long-standing national and regional gas flows, as well as regional pricing, according to a new report from Standard & Poor’s Ratings Services (S&P).
TransCanada’s Nova Pipeline Plans Meet Resistance
The Alberta government and natural gas producers are vowing to stop TransCanada Corp.’s Nova pipeline network from growing like a weed far beyond the province at their expense.