Ready

Colorado Shale Boom Creates Permitting Backlog

The cash- and employee-strapped Colorado state government is battling a growing oil and gas drilling permit backlog created by a combination of a 70% jump in applications between 2007 and 2010 and the recession, which shrank state government. However, oil and gas industry representatives are praising state officials for attempting to address the problem.

January 25, 2012

Quicksilver Pursues Horn River Upstream Partner

Quicksilver Resources Inc., which last month locked in a natural gas midstream partner, now is ready to commit to a joint venture (JV) to help fund upstream development of a 130,000 net acre leasehold in the Horn River Basin, executives said last week.

January 9, 2012

Wanted: Horn River Upstream Partner

Quicksilver Resources Inc., which last month locked in a natural gas midstream partner, now is ready to commit to a joint venture (JV) to help fund upstream development of a 130,000 net acre leasehold in the Horn River Basin, executives said Thursday.

January 6, 2012

Wyoming Niobrara Development Slow, State Official Says

Early results, albeit preliminary and limited, indicate that the Niobrara play in southeast Wyoming is slow in coming to fruition, according to the state’s top oil/gas exploration and production official.

November 2, 2011

Rally Shows Signs of Flagging as Gains Shrink

This week’s rally in the cash market appeared ready to pack up its tents and move on as nearly all increases outside the West diminished to about a nickel or less Wednesday. Traders apparently were coming to grips with the realities of relatively little weather-based or industrial load, further fading of storage injection opportunities except in the West, and the continuing lack of tropical storm threats to Gulf of Mexico production expected to last through the rest of the 2011 season.

October 13, 2011

Energy Utility Execs Cool Toward M&A Activity

In today’s uncertain economic and public policy environment, senior executives are leery of Wall Street’s ready appetite for mergers and acquisitions (M&A), according to a panel of three executives discussing growing rate base Tuesday at the Bank of America Merrill Lynch Power and Gas Leaders Conference in New York City.

September 22, 2011

Congressmen: Leave Shale Regulation to States

The federal government should leave shale regulation to the states, but companies should be ready for changes to the tax code that will likely impact their industry, a bipartisan panel of lawmakers told a Philadelphia audience last Wednesday.

September 12, 2011

BP CEO: GOM Deepwater Exploration Still in Sight

BP plc’s executive team appeared to be steeled and ready to answer an onslaught of aggrieved shareholders Thursday at the first annual general meeting since the Deepwater Horizon tragedy in the Gulf of Mexico (GOM) claimed the lives of 11 men and shattered the company’s reputation.

April 18, 2011

Dukes Up, BP’s Executive Team Stares Down Protesters

BP plc’s executive team appeared to be steeled and ready to answer an onslaught of aggrieved shareholders Thursday at the first annual general meeting since the Deepwater Horizon tragedy in the Gulf of Mexico (GOM) claimed the lives of 11 men and destroyed the company’s reputation.

April 15, 2011

Shale Plays Creating New Water Challenges

While unconventional energy plays require more water than their conventional counterparts, it’s the rapid growth of those new plays that is shining a spotlight on how the oil and gas industries use water, a Massachusetts Institute of Technology (MIT) professor told attendees at CERAWeek 2011 in Houston last week.

March 16, 2011