Recently

Goodrich Petroleum Corp. Wednesday confirmed that a recently drilled well in the Tuscaloosa Marine Shale (TMS) of Louisiana and Mississippi had an initial flow rate exceeding 1,000 boe/d.

Two earthquakes that recently shook the area around the East Texas town of Timpson were unlikely to have been caused by natural gas drilling or drilling waste disposal activities, according to the Railroad Commission of Texas (RRC).

Texas natural gas producers are suing the City of Arlington, TX, to stop a recently enacted $2,400 per well annual fee on operators. The fee’s anticipated $781,450 annual revenue would fund the city’s “Natural Gas Well Preparedness and Response Plan,” which was adopted in March.

Inergy Midstream LP, UGI Energy Services Inc. and Capitol Energy Ventures Corp., a unit of WGL Holdings Inc., are conducting a non binding open season for shippers to transport natural gas volumes on the proposed Commonwealth Pipeline, which would carry Marcellus and Utica Shale production to market.

Eighty-six percent of energy industry and investment community executives polled recently by Tudor, Pickering, Holt & Co. (TPH) believe 2012 Henry Hub natural gas prices will average less than $2.50/Mcf, and 23% think prices will average less than $2/Mcf.

Eighty-six percent of energy industry and investment community executives polled recently by Tudor, Pickering, Holt & Co. (TPH) believe 2012 Henry Hub natural gas prices will average less than $2.50/Mcf, and 23% think prices will average less than $2/Mcf.

Hydraulic fracturing (fracking) services that have been under pressure in North America’s natural gas basins now are seeing some of the same impacts in the liquids-rich basins, Schlumberger Ltd.’s CEO said Friday.

Continuing high natural gas production levels driving prices to the sub-$2 level raise concerns of an eventual production bust that could result in higher prices for producers, according to a market report Thursday by FERC’s Office of Enforcement (OE).

A Pennsylvania judge last week pushed back the start date for portions of a recently passed Marcellus Shale law to give local governments more time to adopt its standardized zoning measures, but his ruling questioned the idea that the entire law is unconstitutional.