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Pace

Redraw U.S. Energy Policy For Newfound NatGas, Oil Landscape, Says Tillerson

U.S. energy policies should heed the country’s new era of natural gas and oil abundance with an overhaul to make them less burdensome and more transparent, ExxonMobil Corp.’s chief said Thursday in Washington, DC.

March 13, 2015
Shale Gas Boom Creating Challenges for State Regulators

Shale Gas Boom Creating Challenges for State Regulators

State regulators continue to be the primary overseers of shale natural gas development, but because of the speed at which the boom shifted — and continues to shift — the energy marketplace, the dynamic environment has created challenges for the energy industry and all of the stakeholders involved, according to a report by Resources for the Future (RFF).

June 28, 2013
The Fayetteville Shale is Dry, But It’s Hardly Dried Up

The Fayetteville Shale is Dry, But It’s Hardly Dried Up

“We have thousands and thousands of well locations,” he said at the UBS Global Oil and Gas Conference. “We’ll be drilling at this pace for many years to come, assuming the [Nymex] strip pricing that we have today. We do plan to drill close to 400 wells this year and that certainly, of all of our operations, can flex more than any others as we need to respond to gas prices, one way or the other [see Shale Daily, May 24].”

June 21, 2013
Marathon Petroleum ‘Optimistic’ on Utica Condensate Plans

Marathon Petroleum ‘Optimistic’ on Utica Condensate Plans

Although condensate production in the Utica Shale is occurring at a slower-than-anticipated pace, Marathon Petroleum Corp. (MPC) said it has completed the conceptual engineering for condensate splitters at its refineries in Kentucky and Ohio, part of a $300 million investment to put the company in position to handle increasing volumes in the future.

May 3, 2013
North Dakota Report: Oil Economic Impact Up Sevenfold

North Dakota Report: Oil Economic Impact Up Sevenfold

North Dakota’s record-setting oil production pace has provided an economic boost that has increased sevenfold since 2004, reaching $30.4 billion in 2011, according to a study released by North Dakota State University (NDSU).

March 19, 2013

It’s Drilling Time at Halcon Resources

Houston-based Halcon Resources Corp., which became a public company about a year ago, has been building acreage positions in several unconventional oil and gas plays and last year grew proved reserves to 108.8 million boe, an increase of 417% from the end of 2011.

March 4, 2013

Solid Gulf Gains Hidden by Broader Decline; Futures Ease

Cash market trading yielded a decline of 2 cents overall Friday, but if the sizable losses on Tennessee and Algonquin are factored out, the physical market scored a 2-cent advance.

March 4, 2013

Marcellus Shale Drilling Decelerating

The pace of drilling in Pennsylvania has declined by 35% in the first month and a half of 2013 compared to the same period in 2012, but counties rich in liquids and oil are faring better.

February 25, 2013
Marcellus Shale Drilling Decelerating

Marcellus Shale Drilling Decelerating

The pace of drilling in Pennsylvania has declined by 35% in the first month and a half of 2013 compared to the same period in 2012, but counties rich in liquids and oil are faring better.

February 21, 2013
Some U.S. Oil Producers Taking Rail, Barges Over Pipes

Some U.S. Oil Producers Taking Rail, Barges Over Pipes

Oil, the latest growth engine of the U.S. unconventional boom, is spurting up from the ground at an exceptional pace, which is leading many operators to rethink where — and how — they want to deliver their reserves for the best prices.

January 29, 2013
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