Oil production in Texas continued climbing during May, while natural gas output trended down as it has for much of this year.
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PIRA: Global LNG Dynamics Will Be Felt at Henry Hub
Potential exports of liquefied natural gas (LNG) representing 5-15% of U.S. natural gas production will bring “significantly more” volatility to Henry Hub gas prices, with more exports making for greater volatility, consultancy PIRA Energy Group said in a new report.
U.S. LNG Exports Seen Importing Volatility
Potential exports of liquefied natural gas (LNG) representing 5-15% of U.S. natural gas production will bring “significantly more” volatility to Henry Hub gas prices, with more exports making for greater volatility, consultancy PIRA Energy Group said in a new report.

Shales Supporting Enterprise Products’ Refined Products Export Plan
Enterprise Products Partners LP is developing two refined products export facilities on the U.S. Gulf Coast to meet demand for additional refined products export capability with production from shale plays backing up the supply.
D&L Calls Ohio’s Shutdown Order ‘Gross Violation of Due Process’
An attorney representing D&L Energy Inc. says the company will vigorously pursue its appeal before the Ohio Oil and Gas Commission, calling the Ohio Department of Natural Resources’ (ODNR) decision to shut down the company “a gross violation of due process.”
Australia’s Aurora Buys More Eagle Ford Acreage
Aurora Oil & Gas Ltd. is buying a 100% operated working interest in 2,700 net acres in South Texas in the liquids-rich area of the Eagle Ford Shale for $117.5 million.
NOIA: Offshore Industry Braces for More Regulations
This year will be a busy one for oil and gas operators in the Outer Continental Shelf (OCS) in terms of new regulations, said an official for a group representing the offshore industries.
NOIA: Offshore Regulators Face Busy Regulatory Year
This year will be a busy one for oil and gas operators in the Outer Continental Shelf (OCS) in terms of new regulations, said an official for a group representing the offshore industries.

Rosetta Mystery Play to Get 10% of 2013 Spending
More than 85% of Houston-based Rosetta Resources Inc.’s 2013 capex budget of $700 million will be spent in the liquids-rich window of the Eagle Ford Shale. About 10% of spending will go to evaluation of new venture opportunities outside the Eagle Ford that the company recently began talking about.
Pennsylvania Township Blasts State Review of Local Drilling Ordinances
An attorney representing a Pennsylvania township that is challenging Act 13, the omnibus Marcellus Shale law, said the state Public Utility Commission (PUC) has no authority to review local drilling ordinances, and accused the agency of acting with “malicious intent” by doing so.