Producer

Independent Raring to Go in Frio County, TX

Eagle Ford Oil & Gas Corp. has been watching the producer activity around its more than 3,600 acres in Frio County, TX, and is working to raise capital by the end of the year to start drilling some wells of its own, the company said Wednesday.

September 20, 2012

Producers Decry EPA Source Rules for Fractured Wells

Two producer groups have protested the U.S. Environmental Protection Agency’s (EPA) final new source performance standards, which are aimed at restricting volatile organic compounds (VOCs) and sulfur dioxide emissions from onshore natural gas operations, including hydraulically fractured (fracked) wells.

August 27, 2012

Producers Decry EPA Source Performance Standards for Fractured Wells

Two producer groups have protested the U.S. Environmental Protection Agency’s (EPA) final new source performance standards, which are aimed at restricting volatile organic compounds (VOCs) and sulfur dioxide emissions from onshore natural gas operations, including hydraulically fractured (fracked) wells.

August 20, 2012

Outlook Dim and Dimmer for Gas Drilling

As one oil and natural gas producer after another highlighted a swing away from drilling for natural gas in second quarter earnings conference calls, the number of operating rigs targeting natural gas fell again last week, dropping seven rigs from the previous week and marking a decline of 44% from the 883 gas-directed rigs operating a year ago, according to the Baker Hughes rig count.

August 6, 2012

Driller Threatens Lawsuit Over New York Drilling Bans

Lenape Resources Inc., an oil and natural gas producer based in New York, is threatening to sue the state’s Department of Environmental Conservation (DEC) if the agency doesn’t advise three towns in Livingston County that they don’t have the authority to enact local drilling bans.

August 6, 2012

Outlook Dim and Dimmer for Gas Drilling

As one oil and natural gas producer after another highlighted a swing away from drilling for natural gas in second quarter earnings conference calls, the number of operating rigs targeting natural gas fell again last week, dropping seven rigs from the previous week and marking a decline of 44% from the 883 gas-directed rigs operating a year ago, according to the Baker Hughes rig count.

August 6, 2012

Driller Threatens to Sue Over New York Drilling Bans

Lenape Resources Inc., an oil and natural gas producer based in New York, is threatening to sue the state’s Department of Environmental Conservation (DEC) if the agency doesn’t advise three towns in Livingston County that they don’t have the authority to enact local drilling bans.

August 2, 2012

BG Group Net Profits Fall 77% in 2Q; Focus Shifts to LNG

Global gas producer BG Group plc said net profits for the second quarter were hobbled by a $1.3 billion post-tax charge against its shale assets in the United States and that it would reduce drilling activity there in response to continuing low natural gas prices.

July 30, 2012

BG Focuses on LNG, Cuts Shale Rigs

Global gas producer BG Group plc said net profits for the second quarter were hobbled by a $1.3 billion post-tax charge against its shale assets in the United States and it would reduce drilling activity in response to continuing low natural gas prices.

July 30, 2012

BG Group Cuts Shale Rig Count, Focuses on LNG

Global gas producer BG Group plc said net profits for the second quarter were hobbled by a $1.3 billion post-tax charge against its shale assets in the United States and that it would reduce drilling activity there in response to continuing low natural gas prices.

July 30, 2012