As oil and gas companies continue to ponder the best strategy for unlocking natural resources in the Utica Shale — and industry analysts continue to debate the merits of doing so — data from the Ohio Department of Natural Resources (ODNR) indicate that the state has passed an important milestone: 100 horizontal wells online and in production.
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The Interior Department is “very close” to releasing rules governing the use of hydraulic fracturing (fracking) of oil and natural gas wells located on public lands, Secretary Sally Jewell said last Tuesday in her first appearance before Congress. A New Jersey congressman, who said he saw a leaked copy, indicated last week that the draft rules appeared to be a water-downed version of the rules proposed last year.
The Interior Department is “very close” to releasing rules governing the use of hydraulic fracturing (fracking) of oil and natural gas wells located on public lands, Secretary Sally Jewell said Tuesday in her first appearance before Congress.
Enterprise Products Partners LP plans to “significantly” expand its crude oil storage and distribution infrastructure serving the southeast Texas refinery market, the partnership said Thursday. The move is in response to the displacement of imported waterborne crude by domestic supply from unconventional basins.
A flash fire Thursday evening at a pig receiving station in Tyler County, WV, injured three people and forced Eureka Hunter Pipeline to shut in a portion of its pipeline system in the area, according to parent Magnum Hunter Resources Corp.
Located three counties due north of the wet gas window of the Marcellus Shale, and over a state line from expanding development in the Utica Shale, Mercer County, PA, nevertheless appears poised to benefit from development of both plays in the near future.
McMoRan Exploration Co. Wednesday began crowing about a Lineham Creek ultra-deep exploratory well located onshore in South Louisiana in which it has a minority stake. The well is not yet at total depth, but McMoRan said estimated proved, probable and possible oil and gas reserves are 546.7 Bcfe gross.
Encore Energy Inc., acting in its capacity as lease advisor to mineral rights owners in eastern Ohio’s portion of the Utica Shale, announced Wednesday that it was currently shopping multiple tracts of “add-on” acreage to operators in the play.