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NY Producer Shuts Down, Citing Town’s ‘Ludicrous’ Moratorium

Just days after a town in western New York adopted a one-year moratorium on oil and natural gas activities, the town’s only operator made a rare move and decided to shut down its wells and pipelines there, halting royalty payments and free natural gas to landowners.

July 16, 2012

Shell Buys Small-Scale LNG Industrial Supplier

Royal Dutch Shell plc, which has made huge commitments this past year to invest in North America’s abundant natural gas supplies by launching a huge export terminal in Canada and funding onshore fueling stations, on Wednesday agreed to buy out a Norwegian-based company that supplies small-scale liquefied natural gas (LNG) for the industrial and marine market.

July 12, 2012

Wells Shut After New York Town’s ‘Ludicrous’ Moratorium

Just days after a town in western New York adopted a one-year moratorium on oil and natural gas activities, the town’s only operator made a rare move and decided to shut down its wells and pipelines there, halting royalty payments and free natural gas to landowners.

July 11, 2012

Linn Takes BP’s Jonah Gas Operations

Houston’s Linn Energy LLC last week made a $1.025 billion cash deal to acquire BP plc’s substantial natural gas operations in the Green River Basin of Wyoming.

July 2, 2012

Pennsylvania Gas Drilling Falls Almost 7% in First Five Months

Pennsylvania’s Marcellus Shale natural gas drilling declined nearly 7% in the first five months of this year from the same period of 2011 in part as operators began moving from dry gas to wetter targets, according to data from the state Department of Environmental Protection (DEP).

June 28, 2012

ExxonMobil Ends Shale Exploration in Poland

ExxonMobil Corp. has ended its shale natural gas exploration efforts in Poland after two test wells failed to produce “sustained commercial hydrocarbon flow rates,” a spokesman said Monday.

June 19, 2012

ZaZa Energy, Hess End Eagle Ford and France JV

ZaZa Energy Corp. and Hess Corp. have ended a joint venture (JV) agreement they made in 2010 for activities in the Eagle Ford Shale in South Texas and the Paris Basin in France. ZaZa is taking over the Eagle Ford activities while Hess will hold the exploration licenses in France.

June 13, 2012

Atlas Resources Buys Another Big Barnett Asset

Atlas Resources Partners LP (ARP) has made a friendly deal to take over privately held Barnett Shale operator Titan Operating LLC for $184 million, giving the Philadelphia-based operator another big natural gas liquids (NGL) lift in the heart of Texas.

May 21, 2012

NRDC Report Calls For Frack Water Restrictions

Focusing on the Marcellus Shale in Pennsylvania, the Natural Resources Defense Council (NRDC) on Wednesday made a pitch for more rules to cover the handling of wastewater produced in hydraulic fracturing (fracking) with the release of a new NRDC report.

May 11, 2012

Wyoming Gas Storage Facility Takes Initial Injections

The first natural gas injections have been made into the Ryckman Creek Gas Storage Facility in Uinta County, WY, with Northwest Pipeline and Overthrust Pipeline supplying the first gas, Ryckman Creek Resources LLC said Wednesday.

May 10, 2012
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