Reduction

The U.S. Energy Information Administration (EIA) said last week natural gas production in Pennsylvania increased 69% in 2012, despite a reduction in drilling activity.

The U.S. Energy Information Administration (EIA) said natural gas production in Pennsylvania increased 69% in 2012, despite a reduction in drilling activity.

The U.S. Energy Information Administration (EIA) said Thursday that natural gas production in Pennsylvania increased 69% in 2012, despite a reduction in drilling activity.

With efforts by pipelines and state regulators, the Pipeline and Hazardous Safety Administration (PHMSA) said it anticipates a significant reduction in pipeline-related deaths or major injuries over the next four years.

Halliburton Co. is forecasting a “modest reduction” in the U.S. natural gas rig count through the rest of this year as operators remain focused on basins with “better economics,” CEO Dave Lesar said last week.

Halliburton Co. is forecasting a “modest reduction” in the U.S. natural gas rig count through the rest of this year as operators remain focused on basins with “better economics,” CEO Dave Lesar said Monday.

Pennsylvania legislators are in agreement on a bill that would allow leasing of lands for development of natural resources on the campuses of the 14 universities in the Pennsylvania State System of Higher Education (PASSHE), but the bill is hung up in a dispute between the state House and Senate as to how to spend the money.

Chesapeake Energy Corp. on Monday unveiled a strategy to help fund its spending obligations this year, which may include the outright sale of its Permian Basin portfolio, as well as other asset sales and joint venture (JV) partnerships, that together could reap $10-12 billion.

President Obama’s fiscal 2013 budgets for the Environmental Protection Agency (EPA), Department of Energy (DOE) and Department of Interior (DOI) propose funding directed at assessing the impact of hydraulic fracturing (fracking) of shale.