Chesapeake Energy Corp. continues to look for a new CEO but it has no timetable on when one might be in place, acting chief Steven C. Dixon said last week. Dixon, who served as a lieutenant to former CEO Aubrey McClendon for 22 years and has been COO, will run the company as the search for a permanent chief continues.
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Poll Finds Strong Support for Fracking in North Carolina
A Harris Interactive poll found that 60% of North Carolina voters support the use of hydraulic fracturing (fracking) in their state, and 74% support the Tar Heel State moving forward with offshore oil and natural gas exploration and production.
Poll Finds Strong Support for Drilling Off North Carolina Coast
A Harris Interactive poll found that 74% of North Carolina voters support moving forward with exploring for and eventually producing oil and natural gas off the state’s Atlantic Coast.
CNG Conversion Bill Advances in Utah
Utah lawmakers are moving closer to passing a law to promote conversions to alternative fueled vehicles, particularly compressed natural gas (CNG), as the state’s leading natural gas company, Questar Corp., expands the development of its CNG fueling business and the rest of the natural gas vehicle (NGV) sector continues to spread its wings.
Wellhead Freeze-Offs Are Supply Disruption Risk — EIA
As U.S. operators move onshore from the offshore, wellhead freeze-offs are becoming a bigger risk to natural gas supplies, the Energy Information Administration (EIA) said Tuesday in the Short-Term Energy Outlook (STEO).
Baker Hughes: 2013 North American Rig Count to Decline 5%
Baker Hughes Inc.’s North American activity is predicted to be steady this year compared with 2012, but customers still remain cautious about what’s ahead, CEO Martin Craighead said Wednesday. Canadian projects also are posing “near-term risks,” he said.
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.
Colorado to Study Oil, Gas Emissions
Moving right along on the energy regulatory front, Colorado’s Department of Natural Resources (DNR) on Wednesday launched a study of air emissions tied to oil and gas development.
Study: High-Speed Traders Gain on Traditional Investors
In a soon-to-be released study, the chief economist of the Commodity Futures Trading Commission (CFTC) has found that high-speed traders (HFT) are moving in on the profits of traditional investors in financial markets.
Range’s Mississippian Program Accelerates on Early Well Results
Range Resources Corp.’s planned five-rig drilling program for 2013 in the Mississippian Lime, which was scheduled to start up early next year, already is under way based on encouraging results from a crop of wells in the Nemaha Ridge area, the company said Thursday.