Matador Resources Co., which is focused on the liquids-rich portion of the Eagle Ford Shale, grew its oil production almost eight-fold last year to just over 1.2 million bbl from 154,000 bbl in 2011 and 33,000 bbl in 2010. The company will stay focused on the Eagle Ford and growing its Permian Basin position as gas prices aren’t high enough to support more Haynesville Shale activity, CEO Joe Foran said Thursday.
Removal
Articles from Removal
Professor: Gas, Coal Full-Cycle Emissions Are Similar
Total greenhouse gas (GHG) emissions from burning natural gas obtained using hydraulic fracturing to stimulate wells and those from burning coal obtained from mountaintop removal may be similar or even greater in the case of natural gas, a Cornell University professor has claimed.
Professor: Natural Gas’ GHG Halo Has Cracks
Total greenhouse gas (GHG) emissions from burning natural gas obtained using hydraulic fracturing to stimulate wells and those from burning coal obtained from mountaintop removal may be similar or even greater in the case of natural gas, a Cornell University professor has claimed.
Professor: Natural Gas’ GHG Halo Has Cracks
Total greenhouse gas (GHG) emissions from burning natural gas obtained using hydraulic fracturing to stimulate wells and those from burning coal obtained from mountaintop removal may be similar or even greater in the case of natural gas, a Cornell University professor has claimed.
Correction
In the June 23 article titled “UNG Seeks Removal of Trading Limits” it was incorrectly stated that the United States Natural Gas Fund (UNG) at the close of business Monday held a total of 229,890 August futures contracts on IntercontinentalExchange (ICE) and 97,746 August swaps contracts. The 229,890 contracts on ICE are swaps, not futures, and the 97,746 swaps contracts are New York Mercantile Exchange swaps. NGI regrets the errors.
Alabama Board Grants Falcon’s MoBay Storage Hub Petition
The Alabama Oil and Gas Board has granted the petition of MoBay Storage Hub LLC to establish the North Dauphin Island Gas Storage Facility, a 50 Bcf high-deliverability, multi-cycle (HDMC) underground storage operation designed to serve as a hub with multiple pipeline connections at the eastern end of the Gulf Coast, MoBay said last Thursday.
Alabama Board Grants Falcon’s MoBay Storage Hub Petition
The Alabama Oil and Gas Board has granted the petition of MoBay Storage Hub LLC to establish the North Dauphin Island Gas Storage Facility, a 50 Bcf high-deliverability, multi-cycle (HDMC) underground storage operation designed to serve as a hub with multiple pipeline connections at the eastern end of the Gulf Coast, MoBay said Thursday.
BLM Defers 37 Parcels From Upcoming Colorado Lease Sale
The Bureau of Land Management (BLM), which had received a flurry of protests calling for the removal of nearly all 172 parcels from an upcoming oil and gas lease sale in Colorado, said last Tuesday it will defer 37 of the parcels “in order to conduct additional analysis and public outreach with local communities.”
BLM Defers 37 Parcels From Upcoming Colorado Lease Sale
The Bureau of Land Management (BLM), which had received a flurry of protests calling for the removal of nearly all 172 parcels from an upcoming oil and gas lease sale in Colorado, said Tuesday it will defer 37 of the parcels “in order to conduct additional analysis and public outreach with local communities.”
Rockies Avoid Overall Softness; TS Erin Fading
Declines of cooling load in the Midwest and to a slight degree in the South, along with the removal of one tropical storm threat to offshore production, resulted in falling prices at most points Thursday. The previous day’s 7.6-cent drop by September futures added another bearish note to Thursday’s cash market.