Gas and oil reside in the shales, but how much, and at what price, are questions researchers at the University of Oklahoma (OU) hope to answer at a new oil and gas “center of excellence.”
Organic
Articles from Organic
MDU Resources Ties Growth to Bakken Boom
Bismarck, ND-based MDU Resources Group is aligning its utility, construction, midstream infrastructure and exploration/production (E&P) businesses so each one profits and grows with the continuing hydrocarbon boom in the Bakken, the MDU senior executives emphasized in a half-day financial analysts meeting Thursday in New York City.
Message to BLM: Dump Fracking Rule and Start All Over
Producers, oil service companies, Native Americans and even some environmentalists agree on one point: that the Department of Interior’s Bureau of Land Management (BLM) should scrap its proposed rule overseeing hydraulic fracturing (fracking) operations on public and Indian lands and start all over again. But their reasons for requesting the do-over are entirely different.
Producers Decry EPA Source Rules for Fractured Wells
Two producer groups have protested the U.S. Environmental Protection Agency’s (EPA) final new source performance standards, which are aimed at restricting volatile organic compounds (VOCs) and sulfur dioxide emissions from onshore natural gas operations, including hydraulically fractured (fracked) wells.
Producers Decry EPA Source Performance Standards for Fractured Wells
Two producer groups have protested the U.S. Environmental Protection Agency’s (EPA) final new source performance standards, which are aimed at restricting volatile organic compounds (VOCs) and sulfur dioxide emissions from onshore natural gas operations, including hydraulically fractured (fracked) wells.
UGI Pipeline, Compressor Station Subject to Public Hearing
In a bid to succeed in a part of Pennsylvania’s Marcellus Shale where two other companies have failed, officials with a midstream subsidiary of UGI Corp. will attend Tuesday night’s public hearing before the Luzerne County Planning Commission to field questions about the company’s proposal to build a natural gas pipeline and compressor station.
Industry Smells Armendariz in EPA’s Barnett Ozone Rule
Controversial former Environmental Protection Agency (EPA) Region 6 Administrator Al Armendariz left his job at the end of April, but his fingerprints are on an agency rule calling for stricter ozone standards that would affect Barnett Shale natural gas interests in Wise County, TX, energy companies and industry groups said.
Range Natural Gas Volumes Exceed 2Q Forecast
Jet-propelled by organic drilling, Range Resources Corp.’s natural gas-weighted production blasted 42% higher in the second quarter from a year ago and was 10% more than in the first quarter, the independent said last week. Gas production, which makes up 80% of total output, rocketed 48% higher.
Range Natural Gas Volumes Exceed 2Q Forecast
Jet-propelled by organic drilling, Range Resources Corp.’s natural gas-weighted production blasted 42% higher in the second quarter from a year ago and was 10% more than in the first quarter, the independent said Thursday. Gas production, which makes up 80% of total output, rocketed 48% higher.
DCP Midstream Pays $63M for Crossroads Processing Plant
DCP Midstream Partners has moved to increase its market position in East Texas, agreeing to pay Penn Virginia Resource Partners LP (PVR) approximately $63 million for the Crossroads processing plant and associated gathering system in Harrison County, TX, the two companies said.