The Pennsylvania Department of Environmental Protection (DEP) has fined a subsidiary of Halliburton Co. $1.8 million for 255 violations of the state’s Solid Waste Management Act between 1999 and 2011. The DEP on Tuesday said Halliburton had waived its right to appeal and signed a consent agreement for the fine against subsidiary Halliburton Energy Services. DEP became aware of the violations in 2011 during an inspection of a Homer City facility in Indiana County, PA. Inspectors discovered that Halliburton had stored, treated and transported hydrochloric acid waste without obtaining proper DEP permits. A further investigation revealed that the company had committed the violation on multiple occasions to 1999. DEP said between 1999 and 2011 Halliburton transported acidic waste that originated at well sites without identifying the waste as “hazardous,” without the proper trucking permits and without using a licensed hazardous waste transporter. Additionally, the company sent the waste to an unauthorized treatment and disposal operation. The DEP said no evidence suggests the waste handling caused any harm to the public or environment.
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Cimarex on ‘Glide Path’ to Maintain Delaware Basin Leasehold
Cimarex Energy Co. executives said the company has completed two wells targeting the Wolfcamp Shale of the Permian Basin with 10,000-foot laterals and plans to drill three more at that length as it looks to continue testing and lock up the majority of its leases by 2017.
Citizens Group Looking to Enact Frack Ban in Denton, TX
A newly formed group of citizens in Denton, TX, which sits the northern edge of the Barnett Shale, said Tuesday it is gathering signatures for a ballot initiative that basically would ban unconventional drilling by banning new wells from performing hydraulic fracturing (fracking) within the city limits.
More Cold On The Way; March Seen 37 Cents Higher
March natural gas is set to open 37cents higher Wednesday morning at $5.920 as weather models favor stronger Alaska ridging and more cold air pouring into the central U.S. Overnight oil markets rose.
North American Shale Production Prompting Shift in World Energy Markets
The Americas have become a significant contributor to global energy markets, rivaling the Middle East in oil production and exceeding the former Soviet Union in natural gas production, and the trend — driven in large part by North American shale production — is likely to remain positive, according to a recent report from the Energy Information Administration (EIA).
Diamondback to Bolt On More Permian Acreage for $174M
Diamondback Energy Inc. announced Tuesday that it has entered into an agreement to acquire more than 6,000 gross acres of leasehold in the Midland Basin, part of the Permian Basin of West Texas, from undisclosed third party sellers for approximately $174 million.
Devon Makes ‘Clean Exit’ from Canada Conventionals in $2.8B Sale
Devon Energy Corp. has reached an agreement to sell most of its Canadian conventional portfolio, with proved reserves of about 170 million boe, to Canadian Natural Resources Ltd. for US$2.8 billion. Excluded are unconventional projects in the gassy Horn River Shale, Lloydminster and thermal heavy oil assets.
BC Government Swears Off (for now) LNG Export Taxes
British Columbia’s (BC) government vowed Tuesday to ensure its embryo liquefied natural gas (LNG) industry grows up by refraining from taxes that weaken the competitive strength of Pacific coast export projects.
Energy Transfer Building Out Permian Midstream for ExxonMobil’s XTO
ExxonMobil Corp. subsidiary XTO Energy Inc. has struck a long-term contract with Energy Transfer Partners LP (ETP) to build a midstream facility and gathering lines for some properties in the Permian Basin.
NGPL Offers Marcellus Gas a Ride South on Its Mainline
Natural Gas Pipeline Company of America LLC (NGPL) is gauging interest in a potential reversal of part of its Gulf Coast mainline system to move natural gas from the Marcellus and Utica shales to markets along the Gulf Coast, launching a 14-day nonbinding open season Tuesday.
