Require

A proposed Wyoming Senate bill (Senate File 157) that would require baseline groundwater testing by oil and natural gas operators before drilling begins has stirred up controversy, with industry officials questioning whether the law is needed.

Continued low natural gas prices have further cut into Wyoming’s revenues that will require budget cuts of up to 8% in 2013, Wyoming Gov. Matt Mead said last week. Pointing to gas spot prices at Opal, he said prices may be overemphasized, but “the gas prices are not where we would like to see them, and it is affecting our budget.”

Continued low natural gas prices have further cut into Wyoming’s revenues that will require budget cuts of up to 8% in 2013, Wyoming Gov. Matt Mead said Wednesday.

New Brunswick should require a portion of any natural gas found in its shale plays be set aside for use in the province and should put in place a water use strategy for the shale gas industry, but it should not place a moratorium on the industry, according to a report by Louis LaPierre, a professor emeritus in biology at the University of Moncton.

CNBC and NBC News on Thursday used cross-network programming to train their cameras on the resurgence in Ohio, once the heart of the U.S. steel industry, which has been reborn in part from the growth in the auto industry, as well as drilling operations in the Utica Shale.

Halliburton Co. CEO Dave Lesar made clear Wednesday that the slowdown in the U.S. and Canadian drilling market is only “transitory,” and the company will sit it out before cutting prices to capture new business.

New Brunswick should require a portion of any natural gas found in its shale plays be set aside for use in the province and should put in place a water use strategy for the shale gas industry, but it should not place a moratorium on the industry, according to a report by Louis LaPierre, a professor emeritus in biology at the University of Moncton.

The “unexpected expansion” of natural gas markets around the world from growing unconventional resources and a combination of industry changes, will require an “epic” response by the industry to grow and prosper, according to think tank Chatham House.

The “unexpected expansion” of natural gas markets around the world from growing unconventional resources and a combination of industry changes, will require an “epic” response by the industry to grow and prosper, according to UK-based think tank Chatham House.