Plan

Backed by a plethora of natural gas supplies from its upstream business, ExxonMobil Chemical Co.’s multi-billion-dollar plan to expand its Baytown, TX, petrochemicals complex is on track, an executive said last week at the IHS CERAWeek 2013 conference in Houston.

Backed by a plethora of natural gas supplies from its upstream business, ExxonMobil Chemical Co.’s multi-billion-dollar plan to expand its Baytown, TX, petrochemicals complex is on track, an executive said Tuesday at the IHS CERAWeek 2013 conference in Houston.

New York Gov. Andrew Cuomo was reportedly considering a plan to allow 10 to 40 horizontal test wells on a trial basis in the state’s Southern Tier, but changed his mind after discussing high-volume hydraulic fracturing (HVHF) with Robert F. Kennedy Jr., his former brother-in-law and an avid environmentalist.

Gulfport Energy Corp. officials have reaffirmed the company’s commitment to the Utica Shale, unveiling details of an accelerated, but cheaper, drilling plan coordinated with the construction of much-needed infrastructure in the play.

Gulfport Energy Corp. officials have reaffirmed the company’s commitment to the Utica Shale, unveiling details of an accelerated, but cheaper, drilling plan coordinated with the construction of much-needed infrastructure in the play.

Anadarko Petroleum Corp. has unveiled a $7.2-7.6 billion capital expenditure (capex) plan for this year, and it plans to direct most of those funds to U.S. onshore and Gulf of Mexico (GOM), the operator said last week. The forecast capex for 2013 is sharply higher from a projection set last March of of $6.6-6.9 billion.

Anadarko Petroleum Corp. on Wednesday unveiled a capital expenditure (capex) plan for this year of $7.2-7.6 billion, with most of the funds directed to the U.S. onshore and Gulf of Mexico (GOM). The forecast capex for 2013 is sharply higher from a projection set last March of of $6.6-6.9 billion.

The city of Dallas Plan Commission on Thursday voted to reconsider the application by Trinity East Energy LLC for three zoning permits that would allow it to drill within the city limits. The commission previously voted against granting the permits (see Shale Daily, Jan. 8). The commission now is expected to hold a hearing on the permits Feb. 17. If the specific use permits ultimately receive the commission’s blessing, Trinity East will have an easier time gaining the ultimate approval it needs to drill from Dallas City Council. Some drilling opponents in attendance at the commission meeting chanted “shame” following the vote to reconsider; some wept, and one activist was led from the chamber, according to an online report by TheDallas Morning News.

PetroQuest Energy Inc. said Monday it has closed on the sale of its assets in the Fayetteville Shale for about $9.2 million as it shifts its focus to production of natural gas liquids (NGL) from other plays, including the Woodford Shale and the Mississippian Lime formation.