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Three of the many proposed Lower 48 liquefied natural gas (LNG) export projects appear likely to receive U.S. Department of Energy (DOE) blessing, and three Canadian projects that have government approvals will be held back by supply contracting and pipeline development, Moody’s Investors Service said in a note last week.

Three of the many proposed Lower 48 liquefied natural gas (LNG) export projects appear likely to receive U.S. Department of Energy (DOE) blessing, and three Canadian projects that have government approvals will be held back by supply contracting and pipeline development, Moody’s Investors Service said in a note Wednesday.

The U.S. Court of Appeals for the Tenth Circuit has upheld a lower court’s ruling supporting the Interior Department’s arguments that it is not required to immediately issue leases to oil and natural gas producers following purchases.

Matador Resources Co., which is focused on the liquids-rich portion of the Eagle Ford Shale, grew its oil production almost eight-fold last year to just over 1.2 million bbl from 154,000 bbl in 2011 and 33,000 bbl in 2010. The company will stay focused on the Eagle Ford and growing its Permian Basin position as gas prices aren’t high enough to support more Haynesville Shale activity, CEO Joe Foran said Thursday.

The U.S. Court of Appeals for the Tenth Circuit has upheld a lower court’s ruling supporting the Interior Department’s arguments that it is not required to immediately issue leases to oil and natural gas producers following purchases.

Natural gas production in the Lower 48 was 72.70 Bcf/d in December, down 1.1% (0.83 Bcf/d) compared with the previous month but up almost 1% (0.62 Bcf/d) over December 2011, according to the most recent data from the Energy Information Administration (EIA).

Natural gas production in the Lower 48, boosted by output from shale plays, was up to 72.70 Bcf/d in December, almost 1% (0.62 Bcf/d) over December 2011, but down 1.1% (0.83 Bcf/d) compared with November, according to the most recent data from the Energy Information Administration (EIA).

Natural gas production in the Lower 48 was 72.70 Bcf/d in December, down 1.1% (0.83 Bcf/d) compared with the previous month but up almost 1% (0.62 Bcf/d) over December 2011, according to the most recent data from the Energy Information Administration (EIA).

The fourth quarter was Carrizo Oil & Gas Inc.’s ninth consecutive quarter of revenue growth and one during which it charted record oil production and oil revenue, affirming the wisdom of management’s decision to transform Carrizo into an oil company, CEO Chip Johnson said.