Water Biggest Worry of Fracking Fearful, Poll Finds

Consumers generally favor increased domestic energy production but have mixed feelings about the current natural gas boom, a recent poll by the University of Texas at Austin (UT) found. In particular, the survey illustrates how sharply divided the public remains over the use of hydraulic fracturing (fracking) for well stimulation.

April 11, 2013
Patterson-UTI’s Surprisingly Strong Results Upend Forecasts

Patterson-UTI’s Surprisingly Strong Results Upend Forecasts

Patterson-UTI Energy Inc. did something in the final three months of 2012 that no other onshore oilfield services provider has announced yet: hydraulic fracturing (fracking) services climbed and sales surpassed expectations — surprising even company executives.

February 11, 2013

PDC Energy Sells Assets to Focus on Utica, Wattenberg Plays

Denver-based PDC Energy Inc. has sold its Piceance and other mostly natural gas Colorado holdings to concentrate its drilling efforts in the Utica Shale in Ohio, along with Weld County’s Wattenberg field in Colorado.

February 11, 2013
SM Energy Targeting Eagle Ford, Bakken/Three Forks, Permian

SM Energy Targeting Eagle Ford, Bakken/Three Forks, Permian

SM Energy said Wednesday that next year it will spend 90% of its planned drilling and completions budget of $1.2 billion on its Eagle Ford, Bakken/Three Forks and Permian Basin programs.

December 21, 2012
NFR Acquires Anadarko Basin, Eagle Ford Assets, New Name

NFR Acquires Anadarko Basin, Eagle Ford Assets, New Name

NFR Energy LLC has closed two private deals worth a combined $736 million to acquire assets in the Anadarko Basin and Eagle Ford Shale. The company also announced that First Reserve Corp. has increased its interest in the parent company, NFR Holdings LLC, to 99.7% and NFR is to be renamed Sabine Oil & Gas LLC.

December 19, 2012

Gasfrac Efforts Stall in Waterless Frack Market

Gasfrac Energy Services Inc., which has been attempting to muscle into the hydraulic fracturing (fracking) market with its waterless technology, hit some roadblocks in 2Q2012, in part because the pressure pumping market is bursting at the seams, company officials said Thursday.

August 13, 2012

Nexen Takes LNG-Savvy Partner to Develop BC Shale

Nexen Inc. has made good on a promise to find a joint venture (JV) partner by the end of this year for its extensive shale acreage in northeastern British Columbia (BC) after agreeing to sell a 40% stake for C$700 million to a consortium led by Japan’s Inpex Corp.

November 30, 2011

U.S. Shale Reshaping Global Gas Market, Says BP

The United States in 2010 continued to lead the world in natural gas production, boosted by massive shale deposits, according to the latest statistical review by BP plc.

June 9, 2011

Proposed OMOI Restructuring Reflects FERC’s ‘Heightened Enforcement Role’

FERC’s proposed restructuring of the Office of Market Oversight and Investigations (OMOI) into the Office of Enforcement “reflects [the] heightened role of the Commission’s enforcement responsibilities as manifested by Congress” in the Energy Policy Act of 2005 (EPAct), according to Susan J. Court, who will head up the new office.

April 6, 2006

NorthWestern’s Montana Gas Customers Brace for 27% Rate Hike

NorthWestern Energy’s natural gas customers in Montana are bracing for a 27% increase to their monthly bills beginning in September, which not only reflects rising fuel costs but also the lack of a credit that had been deducted from statements over the past year.

August 26, 2005
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