Ongoing

SandRidge Sells Permian Portfolio for $2.6B

SandRidge Energy Inc. on Wednesday agreed to sell its Permian Basin portfolio for $2.6 billion in cash to privately held Sheridan Production Partners II, a sale that has been anticipated since early November.

December 21, 2012

Industry Briefs

As part of its ongoing effort to address coordination in the natural gas and power industries, Federal Energy Regulatory Commission (FERC) staff said it will hold a technical conference on Feb. 13 at the agency’s headquarters in Washington, DC, to focus on information-sharing and communications issues between natural gas and electric power industry companies. The technical conference is the first of two conferences that FERC directed staff in mid-November (see Daily GPI, Nov. 19) to convene to address common issues that were raised in nearly every region in August (see Daily GPI, Aug. 31; Aug. 29; Aug. 21; Aug. 24). In advance of the conference, parties are asked to file comments on specific questions related to information-sharing and communications (www.ferc.gov/EventCalendar/Files/20121207134434-AD12-12-000TC1.pdf). The conference is scheduled to begin at 9 a.m. and end at 4 p.m. EST.

December 11, 2012

Colorado Stakeholders Support Groundwater Test Solution

Colorado stakeholders in an ongoing voluntary water testing program related to oil and natural gas extraction activity support a statewide mandatory program, they said earlier this month, two days after the state government held its first public hearing on a proposed baseline groundwater monitoring program.

November 26, 2012

Talisman Slashes Capex 25% on Weak Natural Gas Prices

Talisman Energy Inc.’s North American production from ongoing operations experienced a healthy increase in 3Q2012, but weak natural gas prices have the company and its new CEO, Hal N. Kvisle, trimming capital expenses (capex) as part of a plan to run a more streamlined operation in 2013.

November 5, 2012

Talisman Slashes Capex 25% on Weak Natural Gas Prices

Talisman Energy Inc.’s North American production from ongoing operations experienced a healthy increase in 3Q2012, but weak natural gas prices have the company and its new CEO, Hal N. Kvisle, trimming capital expenses (capex) as part of a plan to run a more streamlined operation in 2013.

November 1, 2012

Weak Natural Gas Prices Prompt 25% Capex Cut at Talisman

Talisman Energy Inc.’s North American production from ongoing operations experienced a healthy increase in 3Q2012, but weak natural gas prices have the company and its new CEO, Hal N. Kvisle, trimming capital expenses (capex) as part of a plan to run a more streamlined operation in 2013.

November 1, 2012
New RFF Maps Detail States’ Shale Gas Regulations

New RFF Maps Detail States’ Shale Gas Regulations

Resources for the Future (RFF) has released an update of its ongoing project to compare regulations in 31 states with current or near-future shale gas development. The latest series of maps shows more than 27 different elements of regulation nationwide.

October 24, 2012

Debate Over EPA Wyoming Tests Boils Over

Finger pointing has begun among the federal, state and industry stakeholders in the ongoing effort to determine whether natural gas drilling in and around Pavillion, WY, has impacted ground water supplies.

October 8, 2012

Wyoming Governor, Industry Question Pavillion Reports

Finger pointing has begun among the federal, state and industry stakeholders in the ongoing effort to determine whether natural gas drilling, and specifically hydraulic fracturing (fracking), near Pavillion, WY, has contaminated groundwater.

October 8, 2012

Seneca Resources Completes Wells in Marcellus and Utica

Seneca Resources Corp. is proceeding with drilling operations in the Marcellus and Utica shales, and has established positions in oil fields in Kansas and California, the National Fuel Gas Co. (NFG) subsidiary said Thursday.

October 1, 2012