Released

Chesapeake Calls First Utica Wells ‘Strong’

Chesapeake Energy Corp. is reporting “strong initial production” from its first Utica Shale wells.

September 29, 2011

Industry Briefs

Pennsylvania Interfaith Power and Light released a position paper on Marcellus Shale drilling Sunday, outlining changes that need to be made before drilling could be viewed as acceptable through a moral compass. The organization said it would support shale drilling if it replaced coal and other fossil fuels quickly, if the state enacted a drilling tax and if overall community and environmental impacts were reduced. A copy of the document is available at www.paipl.org.

September 21, 2011

Final Report Spreads Blame for Deepwater Horizon Disaster

A joint agency investigative report released last Wednesday on the Macondo well blowout and fatal explosion aboard the Deepwater Horizon rig spread the blame for the disaster among BP plc, Transocean, Halliburton and Cameron International Corp., but BP got the brunt of it.

September 19, 2011

Final Report Spreads Blame for Deepwater Horizon Disaster

A joint agency investigative report released on Wednesday of the April 2010 Macondo well blowout and fatal explosion aboard the Deepwater Horizon rig spread the blame for the disaster among BP plc, Transocean, Halliburton and Cameron International Corp., but BP got the brunt of it.

September 15, 2011

Subpar Injection No Help for Bulls; October Eases

October futures eased fractionally in active trading Thursday as the government released figures showing a lower-than-expected increase in inventories. The ensuing price rise, however, was seized upon by eager sellers and prices retreated.

September 2, 2011

Survey: Most Pennsylvanians Still Support Gas Production Tax

Pennsylvanians are increasingly in favor of imposing a severance tax on natural gas production, according to a poll released Wednesday by the Center for Opinion Research (COR) at Franklin & Marshall College in Lancaster, PA.

September 2, 2011

Pitt Study: One Marcellus Well Adds Millions to Economy

A single Marcellus Shale well in southwestern Pennsylvania directly adds $7.6 million to the economy, on average, according to a new study released Tuesday.

August 31, 2011

EPA Rule Seen Straining Gas, Power Infrastructure

With intentions of cutting power plant emissions, last month the Environmental Protection Agency (EPA) released its Cross-State Air Pollution Rule (CSAPR). However, an analysis by Bentek Energy LLC says the rule, an addendum to the Clean Air Act, would wreak havoc on on power and natural gas transmission grids if implemented as planned.

August 29, 2011

Bentek: EPA Rule Would Drive Regional Gas Prices Higher

With intentions of cutting power plant emissions, last month the Environmental Protection Agency (EPA) released its Cross-State Air Pollution Rule (CSAPR). However, an analysis by Bentek Energy LLC says the rule, an addendum to the Clean Air Act, would wreak havoc on on power and natural gas transmission grids if implemented as planned.

August 25, 2011

CPUC Judge Proposes Steps for Lifting Pipe Pressure Limits

An administrative law judge (ALJ) at the California Public Utilities Commission (CPUC) has released a proposed decision outlining the procedures for eliminating current restrictions on the operating pressures of major natural gas transmission pipelines operated by Pacific Gas and Electric Co. (PG&E) in the wake of last year’s San Bruno pipe rupture and explosion. The ALJ also denied a recommendation by PG&E for raising future pipe pressures.

August 23, 2011