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Rockies Express Aims to Be Shale ‘Expressway’

Rockies Express Aims to Be Shale ‘Expressway’

What once was Rockies producers’ hotshot ride to higher netbacks is to be remade as the “expressway to the markets” from the Marcellus and Utica shales. The Rockies Express Pipeline LLC (REX) is embarking on a “great reversal” with the aim of sparing Appalachia producers the pricing pain felt so deeply out west half a decade ago.

May 16, 2013

Texas House Passes Drilling Waste Recycling Bill

Texas House lawmakers Thursday passed a bill (HB 2767) that is intended to encourage oil and gas operators to conserve and recycle as much as possible the water they use in the energy patch.

May 13, 2013

BP Trumps Forecasts by $1B, Despite Sales

BP plc, which today is a much smaller operator than it was a year ago, last week smashed analyst expectations by about $1 billion on average, boosted by high margin projects and better-than-expected profits from trading.

May 6, 2013

BP Beats Forecasts by $1B, Despite Sales

BP plc, which today is a much smaller operator than it was a year ago, on Tuesday smashed analyst expectations by about $1 billion on average, boosted by high margin projects and better-than-expected profits from trading.

May 1, 2013

Multi-Well Pads to Drive a Summer Surge in Bakken Production

While both oil and gas production rates in the Bakken Shale set records in February, there’s much more to come. With a large increase in multi-well pad operations, North Dakota’s chief oil and natural gas regulator expects to see “a big surge in production” in the Bakken Shale starting in June.

April 18, 2013
California Report: ‘Scientific Uncertainty’ on Fracking’s Water Impact

California Report: ‘Scientific Uncertainty’ on Fracking’s Water Impact

There is still too much “scientific uncertainty” surrounding hydraulic fracturing’s (fracking) impact on water supply, and because of this regulators and operators need to be more transparent and accountable, according to a University of California, Berkeley, report that was released last Thursday.

April 16, 2013

BLM Frack Rule Found Costly to Producers, States

Complying with the Bureau of Land Management (BLM) proposed hydraulic fracturing (fracking) rulemaking for drilling on public lands would cost as much as $180,250/well, or $370 million annually, according to economists with Oklahoma City University (OCU).

April 8, 2013

BLM’s Fracking Rule Found Costly to Producers, States

Complying with the Bureau of Land Management (BLM) proposed hydraulic fracturing (fracking) rulemaking for drilling on public lands would cost as much as $180,250/well, or $370 million annually, according to economists with Oklahoma City University (OCU).

April 5, 2013

Win Some, Lose Some for TransCanada in Toll Case

TransCanada Corp. has been ordered to cut tolls on its troubled natural gas Mainline for long delivery contracts but granted offsetting rights to charge as much as markets for transportation services will bear for short capacity bookings.

April 1, 2013

Win Some, Lose Some in TransCanada Toll Case

TransCanada Corp. has been ordered to cut tolls on its troubled natural gas Mainline for long delivery contracts but granted offsetting rights to charge as much as markets for transportation services will bear for short capacity bookings.

April 1, 2013