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LNG Pieces Falling Into Place

The global liquefied natural gas (LNG) market advanced, slowly, on a number of fronts last week.

May 13, 2013

Colorado Lawmakers Vote Down Restrictions on Oil, Gas Development

A number of bills aimed at tightening oversight of oil and gas development in Colorado that were opposed by the industry went down to defeat last week in the closing days of the General Assembly’s legislative session, with a few Democrats joining Senate Republicans in opposing the measures.

May 13, 2013

Gulfport Accelerating Utica Drilling This Year

Gulfport Energy Corp. expects to increase the number operated horizontal rig count in the Utica Shale to seven from the current four by the end of June, and it has budgeted $494-504 million to drill 55-60 gross (49-54 net) wells in the play this year, company officials said Wednesday.

May 9, 2013

Cheap NatGas Has States Rethinking Renewable Mandates

A number of states that have laws requiring utilities to use renewable fuels to produce a specific amount of electricity are considering scaling back their mandates — or even repealing them altogether — given the prolific supply of natural gas that has caused prices to plunge.

May 8, 2013

More to SM Energy than Eagle Ford

Around the middle of the year, SM Energy Co. management will have a clearer picture of how to allocate spending among a number of opportunities as it targets annual production growth of 15-20% over the next three years, executives said during a conference call Wednesday.

May 6, 2013

SM Energy’s Eagle Ford Matures as New Ventures Eyed

Around the middle of the year, SM Energy Co. management will have a clearer picture of how it will allocate its spending among a number of opportunities as it targets annual production growth of 15-20% over the next three years, executives said during a conference call Wednesday.

May 2, 2013
Energy & Exploration Expands Eaglebine Footprint

Energy & Exploration Expands Eaglebine Footprint

Energy & Exploration Partners Inc. (E&E) on Monday acquired 57,275 net acres and 11 producing wells in the East Texas Eaglebine formation from a subsidiary of Chesapeake Energy Corp.

April 16, 2013

ExxonMobil Urges Shareholders to Defeat Shale Proposals

Shareholders once again are urging ExxonMobil Corp. to report how its natural gas operations in shale formations impact the environment. The oil major once again is recommending the proposal be defeated.

April 15, 2013
Quicksilver Inks Long-Sought Barnett Deal

Quicksilver Inks Long-Sought Barnett Deal

A unit of Tokyo Gas Co. Ltd. is buying an undivided 25% interest in the Barnett Shale assets of Quicksilver Resources Inc. for $485 million, marking a milestone for the debt-laden Fort Worth, TX-based producer, which has long sought a Barnett partner.

April 2, 2013

COGA Worried by Energy Bills in Colorado Legislature

The Colorado state legislature is weighing a number of bills related to oil and natural gas drilling that have some industry association members worried.

April 1, 2013