Looks

Letter, Statements Show Complexity of Fracking Debate in NY

The oil and natural gas industry in New York State is “imperiled” and “in crisis” because of the ongoing delay over whether to allow hydraulic fracturing (fracking) in the state, according to a letter sent Monday to Gov. Andrew Cuomo by the Independent Oil & Gas Association of New York (IOGA).

April 24, 2013

No Legal Option for Lost Mineral Revenues, Wyoming Gov. Says

It looks like Wyoming and other states affected by the U.S. Interior Department’s withholding of mineral revenues due to the states as part of the federal sequestration budget cuts will not be able to take legal action, so they need to seek help in Congress, Wyoming Gov. Matt Mead said Friday.

April 8, 2013

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.

March 11, 2013

Activist Fund Nominates Five to Hess Board, Urges Shale Spin-Off

Elliott Associates LP, a hedge fund that owns a 4% stake in Hess Corp., is urging other shareholders to elect its five nominees to the company’s board of directors and has called on Hess to spin off its assets in the Bakken, Eagle Ford and Utica shale plays.

January 30, 2013

AccuWeather: Cold Wave to Hit U.S. in Mid-January

So far, it looks like another mild winter is underway, but that is likely to change in a couple of weeks. A sudden warming of the stratosphere — six to 30 miles above the ground — in the North Pole is going to push cold air southward, according to AccuWeather.com.

January 7, 2013

AccuWeather: Cold Wave to Hit U.S. in Mid-January

So far, it looks like another mild winter is underway, but that is likely to change in a couple of weeks. A sudden warming of the stratosphere — six to 30 miles above the ground — in the North Pole is going to push cold air southward, according to AccuWeather.com.

January 7, 2013

Gulfport Acquires Acreage, Tries to Figure Out Utica Puzzle

Despite fierce competition, Gulfport Energy Corp. CEO Jim Palm said his company has managed to acquire additional acreage in the Utica Shale as it looks to determine type curves, well spacing and how long it should wait before bringing new wells into production.

November 16, 2012

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.

October 29, 2012

Haynesville Gas Drilling Dries Up, Says Nabors

Thirty-two of the dry natural gas rigs operated by Nabors Industries Ltd. in the Haynesville Shale have been redeployed to liquids areas “and we expect more of the remaining 26 to be diverted” soon, CEO Tony Petrello said late Tuesday.

February 23, 2012

Alaska Offshore, North Slope Sales Yield $24M in Bids

Alaska received bids nearly $21 million for petroleum leases on the North Slope and offshore in the Beaufort Sea last Wednesday, as the state looks to increase the volume of crude oil shipped through the Trans-Alaska Pipeline System (TAPS).

December 12, 2011
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