production

API Campaign Touts Oil, Gas as ‘Major Force’ in Rebuilding Economy

The American Petroleum Institute (API), which represents major producers, has launched an advertising campaign this week that touts the importance of oil and gas production in rebuilding the U.S. economy.

June 9, 2011

North American E&Ps Raise Spending Predictions

North American exploration and production (E&P) spending in North America is expected to jump substantially in 2011 and is much higher than forecasted six months ago, according to the latest worldwide spending survey by Dahlman Rose & Co.

June 8, 2011

West Virginia Unlikely to Shut Morgantown Wells

West Virginia Department of Environmental Protection (DEP) Secretary Randy Huffman told NGI’s Shale Daily it is unlikely that the DEP would honor a request by the City of Morgantown to issue a stop work order on two Marcellus Shale gas wells in the city’s industrial park.

June 6, 2011

BP, Colorado Strike Wildlife Protection Deal

Colorado’s Division of Wildlife said Thursday it had reached agreement with BP America Production Co. on wildlife conservation steps to mitigate the impact of natural gas drilling in the southwestern portion of the state.

June 6, 2011

West Virginia City Moves Against Two Gas Wells

City officials in Morgantown, WV, were scheduled to meet Tuesday night to discuss two resolutions targeting two Marcellus Shale gas wells in the city’s industrial park and take up a proposed watershed protection ordinance.

June 2, 2011

EPA Head Sees ‘Incredible Potential’ of Natural Gas

There is evidence that hydraulic fracturing (fracking) can affect aquifers and water supplies, according to Environmental Protection Agency (EPA) Administrator Lisa Jackson, but she is “not aware of any proven case where the fracking process itself has affected water.”

May 26, 2011

West Virginia DEP Amends Two Marcellus Well Permits

The West Virginia Department of Environmental Protection (DEP) last Thursday amended permits for two Marcellus Shale gas wells being erected in Morgantown to include closed-loop drilling systems, but it has no plans at this time to make the systems a statewide requirement.

May 25, 2011

Arkansas Disposal Well Shut-In Extended

The operators of two natural gas drilling waste disposal wells in Arkansas have agreed with regulators to keep the wells shut in while an ongoing study of their potential link to seismic activity in the area continues (see Shale Daily, March 17).

May 24, 2011

Williams E&P Spinoff Broadens Opportunities, Says CEO

A decision to spin off its exploration and production (E&P) unit as a pure-play producer will give Williams shareholders more opportunities to target their investments, CEO Alan Armstrong said Thursday.

May 23, 2011

Williams E&P Spinoff Broadens Opportunities, Says CEO

A decision to spin off its exploration and production (E&P) unit as a pure-play producer will give Williams shareholders more opportunities to target their investments, CEO Alan Armstrong said last week.

May 23, 2011