Meanwhile

Nabors Sees ‘Pronounced’ Shortfall in Pressure Pumping, Top Drives

Oilfield services giant Nabors Industries Ltd. on Tuesday warned that operating results for the second quarter will fall below consensus estimates because of a “pronounced” shortfall in the pressure pumping and top drive completion service lines.

July 11, 2013

Goodrich ‘Gaining Valuable Knowledge’ in TMS

Goodrich Petroleum Corp.’s Tuscaloosa Marine Shale (TMS) development is continuing, and the company has high hopes for the play. Meanwhile, it has returned to completing wells in the Haynesville Shale in anticipation of higher natural gas prices.

May 10, 2013

Consol Posts Loss, But Marcellus Becoming More Important

Despite disappointing earnings at Consol Energy Inc. during the first quarter, the company reported 10.7 Bcfe of production in the Marcellus Shale, a 60% increase that signaled that the play is becoming increasingly important for the coal and natural gas producer.

April 29, 2013
Canada Launches Asia Trade Mission Hoping to Lure Oil, NGL Buyers

Canada Launches Asia Trade Mission Hoping to Lure Oil, NGL Buyers

Canada Minister of International Trade Ed Fast said his country is an “energy superpower” that “must” export more oil and natural gas to Asian markets in announcing plans for a trade mission to China and Japan in hopes of increasing exports.

April 8, 2013

Utica Operators Would Face Many Changes Under Ohio Budget Bill

Operators of horizontal oil and natural gas wells in Ohio face a bevy of regulatory changes — including quarterly production reports, a $25,000 per well impact fee, and new testing and disposal requirements for drilling waste — under Gov. John Kasich’s biennial budget proposal.

February 26, 2013

Portion of Trunkline Gas Slated for Oil Service

Enbridge Inc. and Energy Transfer are partnering to develop a transport solution for Bakken crude oil using some of the latter’s Trunkline Gas Co. LLC pipeline. Meanwhile, some of Enbridge’s Gulf of Mexico gas pipeline assets have been underperformers in the current era of abundant shale gas and oil.

February 25, 2013

Portion of Trunkline Gas Slated for Oil Service

Enbridge Inc. and Energy Transfer are partnering to develop a transport solution for Bakken crude oil using some of the latter’s Trunkline Gas Co. LLC pipeline. Meanwhile, some of Enbridge’s Gulf of Mexico gas pipeline assets have been underperformers in the current era of abundant shale gas and oil.

February 20, 2013
As Binghamton Mulls Appeal, Two More New York Frack Bans Head to Court

As Binghamton Mulls Appeal, Two More New York Frack Bans Head to Court

Plaintiffs suing two municipalities in New York State for enacting bans on hydraulic fracturing (fracking) will soon have their day in court. Meanwhile, the city of Binghamton, which had its day in court — and lost — is considering an appeal.

October 5, 2012

Shell Offers Localities Millions for Lost Tax Revenue at Cracker Site

A subsidiary of Royal Dutch Shell plc has offered to pay localities millions for lost tax revenue affected by its proposed “world-scale” ethane cracker.

October 3, 2012

EIA Data Shows Shale Gas Development Helped Break Records in 2011

The U.S. Energy Information Administration (EIA) said the nation set new records for natural gas gross withdrawals, onshore production and the number of producing wells, figures that were boosted in part by shale gas development. Records were also set in domestic consumption, exports and dry and marketed production.

September 28, 2012
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