Operation

Murphy Oil to Keep ‘Very’ Focused on Eagle Ford

Murphy Oil Corp.’s plans to spin off its downstream operations will allow it to focus more time and money on exploration and production (E&P) opportunities, including a big leasehold in the Eagle Ford Shale, executives said Tuesday.

October 17, 2012

PVR’s New Marcellus Exit Enters Service

Penn Virginia Resource Partners LP (PVR) has begun service on a new 30-mile, 24-inch diameter trunkline serving Marcellus Shale producers in north-central Pennsylvania with 750 MMcf/d of capacity. The capacity gives producers shipping gas out of the Marcellus a way around constraints on Tennessee Gas Pipeline’s congested 300 Line.

October 3, 2012
Study: Shales, Oilsands to Hit Refiners With a ‘Dumbbell’

Study: Shales, Oilsands to Hit Refiners With a ‘Dumbbell’

Increasing crude oil supplies from shale plays coupled with Canadian oilsands imports will challenge the U.S. refining system in ways the industry had not anticipated, according to a new study from Turner, Mason & Co. (TMC).

September 17, 2012
North Dakota Oil, Gas Output Shoots Higher

North Dakota Oil, Gas Output Shoots Higher

North Dakota continued its torrid pace for month-over-month production increases in oil and natural gas, driven principally by the Bakken Shale play, according to statistics released Wednesday by the state Department of Mineral Resources’ (DMR) Industrial Commission. The latest statistics are as of the end of July.

September 14, 2012
Eagle Ford Gets Another 300 MMcf/d of Processing Capacity

Eagle Ford Gets Another 300 MMcf/d of Processing Capacity

Enterprise Products Partners LP has started operation of the second 300 MMcf/d train at its Yoakum cryogenic gas processing plant in Lavaca County, TX. The facility handles production from the Eagle Ford Shale in South Texas.

September 11, 2012

Unconventional Rig Count Continues to Show Gas-to-Oil Migration

With the natural gas price slump now being measured in terms of years instead of months, producers continue to pull rigs from dry gas unconventional plays to pursue oil targets, according to NGI’s Shale Daily Unconventional Rig Count.

August 6, 2012

Flat Rig Count Can’t Stop North Dakota’s Record Production Pace

North Dakota oil and natural gas production maintained its record pace through the end of May, according to the latest statistics from state Department of Mineral Resources Director Lynn Helms. Oil and gas production both hit all-time highs again in May.

July 24, 2012

Pennsylvania, Chief Investigate Acid Spill in Bradford County

An estimated 4,700 gallons of hydrochloric acid (HCL) that were spilled on Wednesday at a Chief Oil & Gas LLC drilling operation in Leroy Township in Bradford County, PA, had been remediated almost entirely by Thursday, officials said.

July 9, 2012

Bleak Outlook Seen for Liquids Drilling Through 2013

The U.S. oil and natural gas rig count will fall through 2013, with a “glaring change” to the forecast for wet gas drilling, according to Raymond James & Associates Inc. A “meaningful rebound” won’t occur until the second half of 2014 and through 2015, analysts said Monday.

June 26, 2012

MDU Pays $66M for Stake in Whiting’s Bakken Midstream Assets

MDU Resources Group Inc., which has five rigs in operation in the Bakken Shale and holds 124,000 net leasehold acres in the play, said subsidiary Bitter Creek Pipelines LLC has paid $66 million for a 50% interest in Whiting Oil and Gas Corp.’s natural gas and oil midstream assets near Belfield, ND.

May 23, 2012