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An Oklahoma tax break for horizontal wells enacted in 2010 is depriving the Sooner State of revenue that could beef up its rainy day fund and should be reconsidered, the state’s secretary of finance and revenue said.

State lawmakers in West Virginia plan to meet in Wheeling on Thursday to discuss the impact the oil and gas industry is having on local roadways.

Researchers at Colorado State University (CSU) are beginning to collect data from possible fugitive methane emissions sources in natural gas transmission systems in an effort to quantify the amount of the greenhouse gas that is escaping.

The Boulder City Council in Colorado on Tuesday night unanimously agreed to impose a one-year moratorium on issuing new drilling permits, and it adopted on first reading a ban to use or sell water for oil and gas extraction.

Texas House lawmakers Thursday passed a bill (HB 2767) that is intended to encourage oil and gas operators to conserve and recycle as much as possible the water they use in the energy patch.

Southwestern Energy Co., which has proved time and again that making money is possible in some of the onshore natural gas plays, last week cut a bargain deal that will nearly double its gassy acreage position in the Marcellus Shale of Pennsylvania.

Energen Corp. management said the first quarter of 2013 was “both encouraging and challenging” as test wells in the Third Bone Spring and Wolfberry formations of the Permian Basin performed well, but cold weather and interference issues worked against the company as profits fell slightly.

Southwestern Energy Co., which has proved time and again that making money is possible in some of the onshore natural gas plays, on Monday cut a bargain deal that will nearly double its gassy acreage position in the Marcellus Shale of Pennsylvania.

There are three major plays that have the full attention of Occidental Petroleum Corp.’s (Oxy) strategy to significantly grow its U.S. drilling operations — California, the Permian Basin and the Bakken — and they each have their different timetables and challenges, said Oxy CEO Stephen Chazen.