Encana Corp. has unloaded another big piece of its natural gas-weighted portfolio, as promised, announcing last week that it is selling for $975 million its North Texas natural gas producing properties, which total around 82,000 net acres, to some partnerships managed by EnerVest Ltd.
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BP Self-Imposes New Deepwater Rules for GOM Operations
BP plc on Friday promised to operate under more stringent self-imposed standards in the Gulf of Mexico (GOM) deepwater to demonstrate its commitment to U.S. officials that it could operate safely in the aftermath of the Macondo well blowout last year.
BP Self-Imposes Deepwater Rules for GOM Operations
BP plc on Friday promised to operate under more stringent self-imposed standards in the Gulf of Mexico (GOM) deepwater to demonstrate its commitment to U.S. officials that it could operate safely in the aftermath of the Macondo well blowout last year.
Corbett Still Opposes Severance Tax; Might Consider Impact Fees
On the eve of the first meeting of his recently formed Marcellus Shale Advisory Commission, Pennsylvania Gov. Tom Corbett remains firmly opposed to a state-imposed severance tax on the natural gas industry, but is open to the idea of local impact fees. And those fees can’t be considered until the local impact of drilling is quantified, a Corbett spokesman told NGI Thursday.
No Marcellus Tax in Pennsylvania Budget
As promised, Pennsylvania Gov. Tom Corbett did not include a severance tax on Marcellus Shale production in his first budget.
Acting Pennsylvania DEP Chief Explains Regulatory Rollbacks
During a state Senate confirmation hearing last week, the acting secretary of the Pennsylvania Department of Environmental Protection (DEP) promised to let “sound science” guide his decisions about Marcellus Shale activity in the state.
Krancer Explains Regulatory Rollbacks in Pennsylvania
During a state Senate confirmation hearing, the acting secretary of the Pennsylvania Department of Environmental Protection (DEP) promised to let “sound science” guide his decisions about Marcellus Shale activity in the state.
Pennsylvania Rolls Back Leasing Restrictions on State Land
As promised, the administration of Gov. Tom Corbett is rolling back restrictions on leasing Pennsylvania parks and forests for natural gas development.
Pennsylvania Rolls Back Leasing Restrictions on State Land
As promised, the Corbett administration is rolling back restrictions on leasing Pennsylvania parks and forests for natural gas development.
Former Arkla CEO: Arkansas Severance Tax Still Too Low
Arkansas should increase its severance tax rate on natural gas production, including production from the Fayetteville Shale, to help pay for road repairs in gas producing areas, said Sheffield Nelson, former CEO of Arkla Inc., the state’s largest gas company. Nelson was among those who pushed for the state’s last severance tax increase three years ago.