Portion

Matador an Eagle Ford Oil Bull

Matador an Eagle Ford Oil Bull

Matador Resources Co., which is focused on the liquids-rich portion of the Eagle Ford Shale, grew its oil production almost eight-fold last year to just over 1.2 million bbl from 154,000 bbl in 2011 and 33,000 bbl in 2010. The company will stay focused on the Eagle Ford and growing its Permian Basin position as gas prices aren’t high enough to support more Haynesville Shale activity, CEO Joe Foran said Thursday.

March 15, 2013
Marcellus NGL Pipeline Would Convert Portion of Texas Gas

Marcellus NGL Pipeline Would Convert Portion of Texas Gas

Williams and Boardwalk Pipeline Partners LP are partnering on a pipeline project to carry mixed (y-grade) natural gas liquids (NGL) from the Marcellus and Utica shales to the U.S. Gulf Coast as well as the petrochemical market in the Northeast.

March 7, 2013

Industry Brief

Opponents of TransCanada Corp.’s proposed northern portion of the Keystone XL oil pipeline from Canada running through parts of Nebraska argued last Thursday in state district court in Lancaster County that Nebraska Gov. Dave Heineman lacked the authority to approve a proposed route for the project. In January, he approved a new alternative route (see Shale Daily, Jan. 23). Opponents of the project want Heineman’s decision voided by a district court judge because they allege a state pipeline siting act passed last year by Nebraska’s legislature is unconstitutional. The legislation gave the governor the ultimate decision on the route. At the end of last year Lancaster County District Judge Stephanie Stacy rejected the state’s attempt to have the lawsuit dismissed.

February 12, 2013

Industry Brief

A portion of excess funds from a recent Colorado state revenue forecast should be spent to study the impact of oil and gas exploration and development on air quality, according to the Governor’s Office of State Planning and Budgeting (OSPB). In an amended spending request to the state’s Joint Budget Committee, the OSPB asked that $492,776 go to the Colorado Department of Public Health and Environment (CDPHE) to conduct the survey, and another $567,000 from the state’s capital construction budget be used to purchase equipment for the survey. Gov. John Hickenlooper also recommended $1.3 million in cash fund spending authority for CDPHE to enter into a collaborative partnership with Colorado State University to begin collecting data for a broader study of the impacts of oil and gas operations on air quality in the state’s northern Front Range (see Shale Daily, Jan. 14).

January 31, 2013
Number of Ohio Utica Wells Drilled Surpasses 200

Number of Ohio Utica Wells Drilled Surpasses 200

A total of 205 horizontal wells were drilled in Ohio’s Utica Shale through Jan. 5, and seven more were drilled in the state’s portion of the Marcellus Shale , according to the Ohio Department of Natural Resources (ODNR).

January 14, 2013

Piedmont Looks to Marcellus for ‘Meaningful’ Supplies

Piedmont Natural Gas, a major natural gas distributor based in Charlotte, NC, has signed a 15-year contract with Cabot Oil & Gas Corp. to purchase a “meaningful portion” of its natural gas supplies from the Marcellus Shale beginning in December 2015.

January 14, 2013

DRBC Launches Online Surface Water Reporting

The Delaware River Basin Commission (DRBC), which governs water use for a portion of the Marcellus Shale, has launched an online reporting system for the Water Supply Charges Program (WSCP) to streamline operations. All reports beginning this year must be completed online; reporting and payment deadlines are unchanged.

January 9, 2013
Piedmont Gas Looks to Marcellus for ‘Meaningful Portion’ of Supplies

Piedmont Gas Looks to Marcellus for ‘Meaningful Portion’ of Supplies

Piedmont Natural Gas, a major natural gas distributor based in Charlotte, NC, has signed a 15-year contract with Cabot Oil & Gas Corp. to purchase a “meaningful portion” of its natural gas supplies from the Marcellus Shale beginning in December 2015.

January 8, 2013

BP Macondo Lawsuit Approved

A federal judge has given final approval to the economic portion of a multibillion dollar class action settlement between BP plc and thousands of individuals and businesses affected by the April 2010 deepwater Macondo well blowout.

January 7, 2013

Encore Energy Looking to Lease ‘Add-On’ Utica Acreage

Encore Energy Inc., acting in its capacity as lease advisor to mineral rights owners in eastern Ohio’s portion of the Utica Shale, announced Wednesday that it was currently shopping multiple tracts of “add-on” acreage to operators in the play.

January 3, 2013