Offering

Most Wells in Utica ‘Very Good,’ Says Ohio Regulator

Ohio government officials and industry experts met for a shale symposium hosted by law firm BakerHostetler LLP, offering their opinions of what the challenges will be in the Utica Shale as the play develops.

June 10, 2013
Wolfberry-Focused Independent Files for $345M IPO

Wolfberry-Focused Independent Files for $345M IPO

Fort Worth-based Athlon Energy Inc., which is focused on the Wolfberry play in the Permian Basin, has filed for an initial public offering (IPO) expected to be worth $345 million.

June 7, 2013

Robotics Taking E&P to Earth’s Final Frontiers

Energy technology breakthroughs introduced in recent weeks are offering a peek at the future of the oil and gas industry, which is less H.G. Wells and more J.J. Abrams.

May 20, 2013

Robotics, ROVs Taking E&P to Earth’s Final Frontiers

Energy technology breakthroughs introduced in recent weeks are offering a peek at the future of the oil and gas industry, which is less H.G. Wells and more J.J. Abrams.

May 17, 2013

Williams ‘Marcellus/Utica or Bust’ Strategy Pressuring Pipeline Unit

Energy infrastructure giant Williams, whose pipeline partnership holds a bundle of huge natural gas and liquids operations in the Northeast, expects to see “full ethane rejection” through 2015, which will lead to “near-term headwinds” for the unit, CEO Alan Armstrong said Wednesday.

May 9, 2013

Devon Pondering More Natural Gas Drilling, Midstream MLP

Strong natural gas prices are offering Devon Energy Corp. an opening into putting more gas rigs back to work later this year, CEO John Richels said Wednesday.

May 2, 2013
North Dakota Governor Signs Bill to Help Cut Flaring

North Dakota Governor Signs Bill to Help Cut Flaring

North Dakota Gov. Jack Dalrymple on Monday signed into law a measure (HB 1134) offering tax breaks to oil and natural gas operators as an incentive to cut flaring of associated gas at the wellhead on oil wells. HB 1134 was passed last week by the North Dakota legislature. It will be effective July 1.

May 1, 2013

New Midstream MLP Starts Big

CenterPoint Energy Inc., OGE Energy Corp. and ArcLight Capital Partners are forming a midstream master limited partnership (MLP) that will start off with 8,400 miles of interstate and 2,300 miles of intrastate pipelines in Oklahoma, Arkansas, Texas and Louisiana, plus some other assets.

March 18, 2013
Shale’s Ethane Boom Gives Westlake Chemical Advantage

Shale’s Ethane Boom Gives Westlake Chemical Advantage

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) coming out of North American shale plays, CEO Albert Chao told analysts during a conference call Tuesday.

February 20, 2013

Industry Brief

The FracTracker Alliance and Mountain Watershed Association (MWA) are offering free training sessions across southeastern Pennsylvania for citizens who want to utilize the mapping capability of fractracker.org, a web-based tool for tracking and visualizing data related to shale gas extraction operations. The sessions “will show people how to find where drilling operations are located and learn more about them, according to MWA, which said the tool is already being used by citizen water monitoring volunteers and community advocates. Sessions are scheduled in Washington County Feb. 26, Butler County March 26, and Westmoreland County April 30, with more sessions planned through October. Information and registration is available by contacting Melissa Troutman (melissa@mtwatershed.com, (724) 455-4200 ext 6). The training sessions are sponsored by the Heinz Endowments (see Shale Daily, Sept. 2, 2011).

February 19, 2013