Energy industry experts on Tuesday urged the U.S. Senate Finance Committee to keep federal tax deductions for intangible drilling costs (IDC) and consider a uniform corporate rate as it considers comprehensive tax reform.
Produces
Articles from Produces
Pioneer Locks Up Frack Sand Supply
Dallas-based Pioneer Natural Resources Co. has agreed with a subsidiary of Carmeuse Holding S.A. (Luxembourg) to acquire its U.S. industrial sands business, Carmeuse Industrial Sands (CIS), for $297 million, giving it a large supply of sand for hydraulic fracturing (fracking) activities.
March 6, 2012
Range Lowers Gas Drilling Costs in Wastewater Recycling Project
Range Resources Corp. has begun recycling all of the wastewater it produces at its natural gas drilling operations in Washington County, PA, an executive said Tuesday.
October 20, 2009
Apache May Get On Board With Kitimat LNG
Apache Corp. is looking beyond the pipeline to Asian markets for the natural gas it produces in British Columbia and may supply Kitimat LNG Inc.’s proposed liquefied natural gas (LNG) export terminal in Kitimat, BC, the terminal developer said last Monday.
August 17, 2009
Gasco Produces Results in Uinta Basin
Denver-based Gasco Energy Inc. reported late last week favorable results from four wells on its Riverbend Project in Utah’s Uinta Basin. One of the wells was already flowing to sales with the remaining three not far behind.
July 1, 2002
Choppy Futures Trade Produces Familiar Result
After encountering heavy overhead selling above last Thursday’s $4.13 high, natural gas futures sunk lower Monday as traders took back early-session advances and demoted the market to its lowest level in more than a week. The July contract closed 4 cents weaker at $3.939, but comparatively, that was the good news for bulls. The rest of the summer strip slipped 4.1 cents and the winter strip sunk 5.4 cents. Keeping with the trend, the 12-month strip tumbling 5.4 cents as well.
June 19, 2001
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