Paying

India’s Reliance Industries Ltd. has made multiple bets on U.S. shale gas and they’re paying off, the company said when it released its fiscal first quarter 2014 results last Friday, which included an 84% hike in U.S. shale-derived revenue from a year ago.

Crosstex Energy LP has completed two projects aimed at getting shale oil and condensate to higher paying markets.

A trio of recently completed Oneok Partners LP projects will enhance North Dakota’s processing of natural gas and help reduce flaring in the state, according to Gov. Jack Dalrymple.

EQT Corp.’s decision to focus development operations in the Marcellus Shale appears to be paying off, as the company reported last Thursday that 1Q2013 production sales volumes increased by 47% over last year’s quarter, with production sales volumes from the Marcellus alone increased by 103%.

EQT Corp.’s decision to focus development operations in the Marcellus Shale appears to be paying off as the company reported Thursday that 1Q2013 production sales volumes increased by 47% over last year’s quarter and that production sales volumes from the Marcellus alone increased by 103%.

The natural gas bonanza brought about by unconventional drilling may be displacing coal and diesel as a “cleaner” fuel, but methane leaks from the surge in drilling and processing destroy that advantage, according to the environmental think tank World Resources Institute (WRI).

SandRidge Energy Inc.’s transition from a natural gas producer to an oil explorer appears to be paying off, with the company’s Mississippian Lime operations experiencing success and its bottom line improving, but the market seems unconvinced.

SandRidge Energy Inc.’s transition from a natural gas producer to an oil explorer appears to be paying off, with the company’s Mississippian Lime operations experiencing success and its bottom line improving, but the market seems unconvinced.

Opposition to hydraulic fracturing flared up in Ohio this week as about 100 protestors stormed an office and a water handling facility in one Ohio town, while an oil and gas service company threatened to take its business elsewhere if another town set itself up in opposition to drilling.