Owners

Endeavour Kills Deal for SM Energy’s Marcellus Assets

Endeavour International Corp. on Wednesday said it has terminated purchase and sale agreements with SM Energy Co. and other minority owners to buy a 42,000-acre leasehold and associated pipeline assets in McKean and Potter counties in northern Pennsylvania.

December 15, 2011

AGL-Nicor Merger Receives Final Regulatory Nod

Atlanta-based AGL Resources and Naperville, IL-based Nicor Inc. received approval of their merger from the Illinois Commerce Commission (ICC) last Wednesday, the final regulatory nod needed to create a natural gas distribution behemoth operating in seven states.

December 12, 2011

Pennsylvania Assisting Federal Probe of Wells in State Forests

The Pennsylvania Department of Conservation and Natural Resources (DCNR) is assisting an investigation by the federal National Park Service (NPS) to determine whether any Marcellus Shale natural gas wells on state forest land were improperly approved by the state.

September 28, 2011

Norse Readies for Release of New York Fracking Rules

Norse Energy Corp. ASA, which early in the year had sent notices of force majeure in response to New York’s ban on permitting for drilling operations involving hydraulic fracturing (fracking), has reallocated resources to focus on Marcellus and Utica shale development in anticipation of new rules allowing the use of fracking in the state, the company said Tuesday.

August 12, 2011

Exxon Joins Force Majeure Ranks in New York

ExxonMobil Corp. is declaring force majeure on its leases in New York, citing ongoing permitting delays.

July 13, 2011

AGA Executive: State-Level Regulation Works Best

North America’s strong natural gas supply outlook is thanks to what has taken place below ground: horizontal drilling with long laterals and hydraulic fracturing well stimulation. However, what is happening above ground will determine to what extent these efforts will benefit the country’s energy security.

May 3, 2011

New York IOGA Urges State to Complete Frack Study

New York’s Department of Environmental Conservation (DEC) should complete work on a supplemental generic environmental impact statement (SGEIS) on hydraulic fracturing (hydrofracking) by July 1 and the State Assembly should “reject all forms of obstructive legislation” that would delay natural gas development, according to letters sent to Gov. Andrew Cuomo and lawmakers by the The Independent Oil & Gas Association of New York (IOGA).

April 13, 2011

Crestwood Buys Midstream Assets in Fayetteville, Granite Wash

Privately held Crestwood Midstream Partners LP has completed its acquisition of midstream assets in the Fayetteville Shale in northwest Arkansas and the Granite Wash play in the Texas Panhandle, the Houston-based company said. The deal was announced in February.

April 5, 2011

Pennsylvania Law to Ease Tax Burden on Farmland Energy Generation

Pennsylvania Gov. Ed Rendell signed into law Wednesday legislation reducing the amount of roll-back tax that owners of farmland must pay when leasing land and mineral rights for natural gas development.

November 1, 2010

Environmental Watchdog Official Touts Safety of Fracking

An official with a major New York-based environmental advocacy group said he supports the practice of hydraulic fracturing (hydrofracking) in the production of shale gas, and believes it can be done safely, despite what critics claim.

November 1, 2010