An Ohio judge has ruled that landowners who signed oil and natural gas leases with Chesapeake Exploration LLC have the right to accept better offers from competitors, as long as the original lease is in the primary term, drilling hasn’t started and Chesapeake fails to match the offer.
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Natural Gas for Transport Emerging in ‘Key Markets’
Wood Mackenzie energy and metals analysts collaborated to identify what they believe will be the major themes of 2013 that could materially impact the long-term landscape. Among other things, keep an eye on growth in the natural gas for transportation markets, said analysts.
Natural Gas for Transport Gains Momentum, Says Wood Mackenzie
Wood Mackenzie energy and metals analysts collaborated to identify what they believe will be the major themes of 2013 that could materially impact the long-term landscape. Among other things, keep an eye on growth in the natural gas for transportation markets, said analysts.
Eagle Ford Is Economic Engine, Foundation Report Says
The San Antonio, TX, metropolitan area has gained about 4,000 jobs from the Eagle Ford shale Play, and its upcoming major road improvements could tap up to $12 million annually from the oil/gas development, according to a report released Tuesday by the San Antonio Economic Development Foundation.
BP Taking ‘Simpler,’ More Oily Path
BP plc CEO Bob Dudley last week said the beleaguered oil major will become a “simpler,” more oily company over the next few years.
U.S. Fracking Market Goes from Bad to Worse
U.S. hydraulic fracturing (fracking) capacity utilization has fallen by almost one-third since January, and all of the major domestic plays are in a “negative frack pricing environment,” according to PacWest Consulting Partners.
BP Taking ‘Simpler,’ More Oily Path
BP plc CEO Bob Dudley on Monday said the beleaguered oil major will become a “simpler,” more oily company over the next few years.
MIT Researchers: Shale Well Emissions Lower Than Previously Estimated
Greenhouse gas (GHG) emissions from shale gas well hydraulic fracturing (fracking) operations are significantly lower than previously estimated, according to a study by researchers at the Massachusetts Institute of Technology.
North Dakota Primed to Address Gas Flaring
Following the release earlier this year of a report on alternative technologies for using flared natural gas, the Energy and Environmental Research Center (EERC) in North Dakota is set to launch a bi-fuel (natural gas/diesel) drilling rig power source in a demonstration project starting early next year, the center’s associate director told NGI’s Shale Daily Thursday.
WIC, Viking Pipelines Investigated for Over-Recovery of Rates
FERC Thursday opened Section 5 Natural Gas Act (NGA) investigations into the rates charged by pipelines Wyoming Interstate Co. (WIC) and Viking Gas Transmission to determine if they are over-recovering their costs, resulting in unjust and unreasonable rates for their shippers.