Houston-based Noble Energy plans to spend up to $20 billion during the next five years in the Niobrara and Marcellus shale plays, CFO Ken Fisher told an energy meeting in Houston hosted by Baker Hostetler on Monday night.
Articles from Noble
Noble Energy Inc. will establish a regional headquarters in Canonsburg, PA, by becoming the anchor tenant of a new 207,000 square-foot office building in the Southpointe business park, which several of the Marcellus Shale’s largest operators also call their regional home.
In the article “Consol-Noble JV to Build Marcellus Dry Gas Pipeline” (see Shale Daily, May 29), it was incorrectly reported that a 24-inch diameter dry natural gas pipeline in West Virginia would be completed in six to nine months. The joint venture plans to begin construction of the pipeline in six to nine months, and the time to build and complete the pipeline would be an additional six to nine months. NGI’s Shale Daily regrets the error.
Hess Corp. won’t sell its unconventional assets in the Bakken, Eagle Ford and Utica shale plays, but it is looking at proposals from a hedge fund that wants a larger stake in the company, Hess officials said during a 4Q2012 earnings call on Wednesday.
DTE Energy, Enbridge Inc. and Spectra Energy Corp. have agreed to develop the NEXUS Gas Transmission (NGT) system to move growing supplies of Ohio Utica shale gas to markets in the U.S. Midwest, including Ohio, Michigan, and Ontario, Canada.
Patriot Water Treatment LLC of Warren, OH, is back in business after the Ohio Environmental Review Appeals Commission (ERAC) on Tuesday ruled that the Ohio Environmental Protection Agency (OEPA) had overstepped its regulatory authority when it pulled the private operator’s permit to deliver natural gas drilling wastewater to the City of Warren for treatment.
Noble Energy Inc. and Stone Energy Corp. have agreed to make additional disclosures of how they are managing the risks associated with hydraulic fracturing (fracking), an investment manager organization said Thursday.
North America offers the “greatest opportunities” for the natural gas and oil industry this year, according to new survey of executives.