Texas tax revenues during fiscal year 2012, which ended Aug. 31, were considerably higher than the prior year, according to the state comptroller’s office, thanks in part to oil and gas activities in the state.
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It has been around for more than 30 years, long before the state’s current oil/gas boom, but North Dakota’s six months of confidentiality provided new wells is taking on greater interest in the midst of the competitive exploration and production (E&P) push throughout the industry.
Fort Worth, TX-based Quicksilver Resources Inc. provided an operational update on its recently completed well in the Delaware Basin in West Texas and the completion of an eight-well pad in the Horn River Basin in British Columbia (BC).
Laying out a blueprint for how small- and medium-sized businesses can take advantage of the opportunities provided within the current U.S. natural gas development boom, the Marcellus Shale Coalition (MSC) has released the second in a series of recommended practices aimed at bolstering the Marcellus Shale region’s supply chain.
As the Bakken and Eagle Ford shale plays have shown, oil and gas wells go up long before there are enough homes for all the workers who flock to the energy patch for high-paying jobs. A study released Tuesday intends to lay out a strategy for Eagle Ford counties in South Texas to meet regional housing needs over the next 10-15 years.
Information gathered from six separate natural gas development datasets — all currently available on the Pennsylvania Department of Environmental Protection (DEP) website — have been formatted into a single geodatabase file by the Center for Biodiversity and Ecosystems (CBE) at the Carnegie Museum of Natural History, which plans to make the information available through an interactive online map by the end of the year.
Chesapeake Energy Corp.’s stock price may have reached its bottom, an energy analyst said Friday. However, things may heat up in the coming days after activist shareholder Carl Icahn revealed late Friday that his firm now owns a 7.6% stake in the company — and he wants four board members replaced.
In an order issued last week for Chestnut Ridge Storage LLC, FERC provided guidance on when it will (and won’t) grant requests to extend deadlines for completing projects.
Kinder Morgan Inc.’s (KMI) acquisition of El Paso Corp. has received approval from the Federal Trade Commission (FTC), provided the company’s Kinder Morgan Energy Partners (KMP) relieves itself of some Rocky Mountain pipeline, gas processing and storage assets as it previously said it would do.