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The Ohio Department of Natural Resources (ODNR) last week said 87 wells in the Utica Shale collectively produced 12.84 Bcf of natural gas and more than 635,000 bbl of oil in 2012.

The Ohio Department of Natural Resources (ODNR) said 87 wells in the Utica Shale collectively produced 12.84 Bcf of natural gas and more than 635,000 bbl of oil in 2012.

After choosing 12 finalists from more than 70 applicants, Ben Franklin Technology Partners’ Shale Gas Innovation and Commercialization Center (SGICC) on Tuesday selected the three winners of its 2013 Shale Gas Innovation contest aimed at recognizing and promoting small- and mid-sized businesses behind emerging technologies in the Appalachian region’s growing natural gas industry.

Shares of W&T Offshore Inc. closed more than 15% higher Wednesday after the company reported first quarter adjusted earnings per share that beat expectations and CEO Tracy W. Krohn said during an earnings conference call that W&T is marketing a “sizeable” package of Gulf of Mexico (GOM) Continental Shelf properties.

As a natural gas-only utility in a relatively slow-growth area, NW Natural sees some growth opportunities in the shift to more gas-fired electric generation and in the increasing interest in compressed natural gas (CNG) for transportation.

Spending to create new natural gas liquefaction capacity in the United States may get Qatar Petroleum International (QPI) more bang for the buck than developing additional liquefaction projects at home, according to Wood Mackenzie.

A bill to require oil and natural gas companies to meet enhanced water and air emissions standards in order to earn streamlined state environmental permitting was introduced Tuesday by the majority leaders of both houses in the Colorado legislature.

Crude oil production from the Eagle Ford Shale of South Texas was up by 74% in February compared with a year ago, reaching an all-time high of 471,258 b/d from the nine fields that comprise the majority of the play, according preliminary data from the Railroad Commission of Texas (RRC).

Spending to create new natural gas liquefaction capacity in the United States may get Qatar Petroleum International (QPI) more bang for the buck than developing additional liquefaction projects at home, according to Wood Mackenzie.