North Dakota continued on a record-setting pace for oil and natural gas production at the end of the first quarter, but state Department of Mineral Resources Director Lynn Helms also raised caution in his most recent monthly “Director’s Cut” report released Friday.
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Federal Reserve: Economy Growing, Shale Gas Expanding
The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.
December 5, 2011
Federal Report: Shale Gas Expanding in Ohio, Texas
The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.
December 2, 2011
Federal Reserve Report: Economy, Shale Gas Industry Expanding
The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.
December 2, 2011
Slow Down Drilling Pace, Says Marcellus Citizens Group
A coalition of conservancy and stakeholder groups critical of Pennsylvania’s natural gas drilling said Monday the state needs to slow the shale drilling pace to ensure that safeguards are in place to protect citizens.
October 26, 2011
Onshore Development Causing Oil, Gas Supply Glut, Says Analyst
An interior oil and natural gas supply glut, the result of strong output from shales and tight oil and gas plays, is developing because infrastructure can’t keep up, and that in turn is pressuring prices, according to Canaccord Genuity.
October 20, 2011
Pennsylvania: Tighter Scrutiny Leads to More Casing Violations
Inspectors with the Pennsylvania Department of Environmental Protection (DEP) are on pace to find more cementing and casing violations in the Marcellus Shale than before, but a spokesman for the agency said the uptick is the result of tighter regulations, not an industry problem.
September 26, 2011
Forecaster Expects Six More Named Storms in Atlantic
The near-record pace of the 2011 Atlantic hurricane season already has the 15th named storm of the year charging across the Atlantic Ocean, and another six named storms are likely to form before the season’s official end on Nov. 30, according to forecasters at Andover, MA-based WSI. Corp.
September 22, 2011
Pennsylvania: Uptick in Casing Violations No Cause For Alarm
Inspectors with the Pennsylvania Department of Environmental Protection (DEP) are on pace to find more cementing and casing violations in the Marcellus Shale than before, but a spokesman for the agency said the uptick is the result of tighter regulations, not an industry problem.
September 21, 2011
Halliburton CEO Sees Obstacles to Overseas Shale Development
Shale drilling beyond North America may be moving at a snail’s pace but the opportunities for oilfield service operators overseas are “fantastic and phenomenal,” according to Halliburton Co. CEO Dave Lesar.
September 9, 2011
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