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Industry Brief

A report developed by the Eagle Ford Shale Task Force released Tuesday outlines the history and facts of the booming South Texas oil and gas play in 155 pages. The report addresses topics such as workforce development, infrastructure (pipelines, roads and housing), regulations, water quality, economic benefits, flaring and air emissions, as well as issues affecting landowners, mineral owners and royalty owners. The task force was formed by Railroad Commission of Texas Commissioner David Porter in 2011 (see Shale Daily, July 29, 2011). “In 2011, the Eagle Ford Shale supported almost 50,000 full-time jobs in 20 counties and contributed over $25 billion dollars to the South Texas economy,” the report said. “From 2011 to 2013, daily hydrocarbon liquid production, including natural gas liquids, increased from 100,000 to 700,000 b/d. These developments have made South Texas one of the most prominent energy-producing regions in the United States.”

March 13, 2013
New North Dakota Flaring Law Emerges

New North Dakota Flaring Law Emerges

Another proposal has emerged in the North Dakota state legislature seeking to eliminate exemptions from the state’s current one-year limit for oil production wells flaring associated natural gas.

February 12, 2013

BLM Sets Aside Fracking Proposal to Make Revisions

A decision by the Department of Interior’s Bureau of Land Management (BLM) to set aside its original federal hydraulic fracturing (fracking) proposal has drawn plaudits from associations representing major oil and natural gas producers.

January 23, 2013

Gas Boom Nurturing U.S. Fertilizer Industry Growth

U.S. manufacturers of ammonia-based nitrogen fertilizer made with low cost natural gas feedstock are raking in profits and moving ahead with plans to expand domestic operations.

January 17, 2013
BP: U.S. to Become Largest Liquids Producer This Year

BP: U.S. to Become Largest Liquids Producer This Year

The United States likely will surpass Russia and Saudi Arabia this year to become the largest liquids producer in the world because of tight oil and biofuels growth, according to BP plc. North America also is expected to lead in shale gas output to 2030.

January 17, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 7, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 7, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 4, 2013

Dow Seeks Permit for Its Largest-Ever Ethylene Plant

Dow Chemical Co. late Monday made good on some of the “opportunities” that have come its way with the U.S. natural gas revolution by applying for a federal air emissions permit to build a $1.7 billion ethylene facility in Freeport, TX, which would be the chemical manufacturer’s biggest in the world.

December 12, 2012

Texas Landowner Gets Restraining Order Against Keystone XL

A Texas landowner who three weeks ago signed an easement agreement with TransCanada Corp. on a part of its Keystone XL oil pipeline project won a county court-ordered temporary restraining order on part of the Keystone southern portion for which work is ongoing in three segments between Cushing, OK, and the Gulf of Mexico (GOM).

December 12, 2012