Gulfport Energy Corp. reportedly has the best producing well to date in the Utica Shale, according to initial production (IP) data released by the Oklahoma City-based operator.
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Pemex Gas Plant Fire Claims 10 Lives
Ten people were reportedly killed Tuesday following a fire at a natural gas pipeline distribution center near the South Texas-Mexico border.
Japan, India Said to Urge U.S. to Allow LNG Exports
Two potential beneficiaries of relatively cheap North American natural gas supplies, Japan and India, reportedly both have been urging the Obama administration to open liquefied natural gas (LNG) exports as soon as possible, according to the project manager for one of the export terminal proposals.
Range Drills First Utica Well in Crawford County, PA
Range Resources Corp. has drilled the first unconventional natural gas well in Crawford County, PA, and is reportedly planning to drill more of them targeting the Utica Shale in the near future.
New York Possibly Open to Fracking in Southern Tier
New York Gov. Andrew Cuomo’s administration is reportedly working on a plan to allow horizontal drilling using high-volume hydraulic fracturing (fracking) in five counties in the Southern Tier of the state, but only in localities that support the practice.
New York Governor Will Reportedly Allow Fracking in Five Counties
New York Gov. Andrew Cuomo’s administration is reportedly working on a plan to allow hydraulic fracturing (fracking) in five counties along the Pennsylvania border in the Marcellus Shale, but only in localities that support the practice.
Pennsylvania Cracker Tax Break Deal Could Total $1.675B
Pennsylvania Gov. Tom Corbett is reportedly seeking up to $1.675 billion in tax credits over the next 25 years for Royal Dutch Shell plc and other companies willing to locate an ethane cracker in the state.
Mexico Seeking Bids for $3B Natural Gas Pipeline Project
Mexico’s state-owned electric utility, Comision Federal de Electricidad (CFE), is reportedly seeking bids from private companies to build about 1,460 miles of natural gas pipeline in the northern part of the country.
Kasich Plan Spares Conventional Oil, Small Natural Gas Producers
Ohio Gov. John Kasich will reportedly unveil a proposal this week to restructure state taxes on oil and gas drilling and pass the savings along to Ohioans in the form of a personal income tax cut, but conventional oil drilling and small producers of natural gas would not be affected.
Another Colorado Town Halts Oil/Gas Development
Elected officials in a third town in Colorado, Erie, on Wednesday night adopted a six-month moratorium on oil/gas development on an emergency basis, making the halt effective immediately.