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.
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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.
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.
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.
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.
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.”
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.
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).
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.
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.