Producer

ExxonMobil Holds Supreme as Top Energy Enterprise

ExxonMobil Corp., the No. 1 natural gas producer in the United States, continues to reign supreme as the world’s top energy enterprise, and it has regained its footing as the largest domestic publicly traded entity.

January 29, 2013

Unita Project to Test Oilsands Potential

Is the next U.S. energy boom following shale going to evolve around oilsands? A Canadian producer is testing the viability of the unconventional oil based on its work to date in Utah.

January 21, 2013
U.S. Oilsands? Uinta Project to Test Possibilities

U.S. Oilsands? Uinta Project to Test Possibilities

Is the next U.S. energy boom following shale going to evolve around oilsands? A Canadian producer is testing the viability of the unconventional oil based on its work to date in Utah.

January 18, 2013
BP: U.S. to Become Largest Liquids Producer This Year

BP: U.S. to Become Largest Liquids Producer This Year

The United States likely will surpass Russia and Saudi Arabia this year to become the largest liquids producer in the world because of tight oil and biofuels growth, according to BP plc. North America also is expected to lead in shale gas output to 2030.

January 17, 2013

Judge: Ohio Landowners Can Accept Better Leases Under Certain Terms

An Ohio judge has ruled that landowners who signed oil and natural gas leases with Chesapeake Exploration LLC have the right to accept better offers from competitors, as long as the original lease is in the primary term, drilling hasn’t started and Chesapeake fails to match the offer.

December 17, 2012

Norse Energy Files Chapter 11 After Court Ruling

The U.S subsidiary of Norwegian producer Norse Energy Corp. ASA filed for Chapter 11 bankruptcy protection on Friday, just days after a New York judge ruled the cash-strapped company had to deposit millions into an escrow account for a legal dispute with a drilling company.

December 10, 2012

Drilling Program Nixed for Alberta Plains

An epic Canadian environmental contest has ended in victory for a prized patch of wild Alberta plains and a loss for a natural gas producer. A 1,275-well, shallow-gas drilling program, proposed by Cenovus Energy, will not be allowed, federal Environment Minister Peter Kent announced Friday.

December 3, 2012

Drilling Program Nixed for Alberta Plains

An epic Canadian environmental contest has ended in victory for a prized patch of wild Alberta plains and a loss for a natural gas producer. A 1,275 well, shallow gas drilling program, proposed by Cenovus Energy, will not be allowed, Canada Environment Minister Peter Kent announced Friday.

December 3, 2012

Lenape Sues New York Town and DEC Over Drilling Ban

Lenape Resources Inc., an oil and natural gas producer based in New York, has filed a lawsuit against a town in Livingston County for enacting a local drilling ban, and against the state Department of Environmental Conservation (DEC) for failing to rein in the town over the ban.

December 3, 2012

TransCanada Buys BP’s Stakes in Storage Partnership

TransCanada Corp. agreed to pay BP plc C$210 million to buy out the producer’s interest in the Crossfield Gas Storage facility near Edson, AB, as well as its stakes in an affiliated marketing joint venture (JV) between the two operators.

November 26, 2012