Revealed

Audit Finds Trinidad’s Proved Gas Reserves in Decline

Trinidad and Tobago’s energy minister said Wednesday an audit has revealed that the Caribbean country’s proved natural gas reserves have declined, but he predicted that global demand for its liquefied natural gas (LNG) resources would rise.

August 15, 2011

Marcellus Production Drove Pennsylvania Increase in 2010

Natural gas production in Pennsylvania is expanding wildly, according to new data released by the state Department of Environmental Protection, which revealed 256 Bcf of natural gas was produced from 1,148 Marcellus Shale wells in the second half of 2010.

February 28, 2011

Interior’s 2012 Budget to Hike Oil and Gas Drilling Fees, Royalties

The Department of Interior (DOI) will be collecting significantly increased user fees from oil and gas companies operating offshore, the agency revealed in its budget for fiscal year (FY) 2012, which was proposed last Monday. It also plans to raise the royalty rate for onshore production on federal lands and collect fees for nonproducing leases.

February 21, 2011

Interior’s 2012 Budget to Hike Oil and Gas Drilling Fees, Royalties

The Department of Interior (DOI) will be collecting significantly increased user fees from oil and gas companies operating offshore, the agency revealed in its budget for fiscal year (FY) 2012, which was proposed Monday. It also plans to raise the royalty rate for onshore production on federal lands and collect fees for nonproducing leases.

February 15, 2011

House Inquiry Reveals Continued Use of Diesel Fuel in Hydrofracking

Leading House opponents of hydraulic fracturing (hydrofracking) said their nearly year-long investigation revealed that oil and natural gas service companies have continued to use diesel fuel to produce shale gas without receiving regulatory approval.

February 1, 2011

House Committee: Diesel Fuel Used in Hydrofracking

Leading House opponents of hydraulic fracturing (hydrofracking) said their nearly year-long investigation revealed that oil and natural gas service companies have continued to use diesel fuel to produce shale gas without receiving regulatory approval.

February 1, 2011

Report Says BLM Oil Shale Leasing Favored Shell

An investigation by the Interior Department’s Office of Inspector General (OIG) revealed that Royal Dutch Shell benefited during the awarding of oil shale leases by the Bureau of Land Management (BLM) in 2005-2006, but it did not find any evidence that the producer committed any criminal violations, according to a new report by the OIG.

December 15, 2010

Energy Patch Swindler Pleads Guilty in Dallas

A Dallas man pleaded guilty last week to one count of mail fraud as part of a scheme that defrauded investors in interests in the Barnett Shale natural gas play in North Texas and elsewhere, the U.S. Department of Justice (DOJ) said.

December 14, 2010

Liquids Production Growth Leads Devon to Strong Earnings

The North American shales have been good to Devon Energy Corp. as evidenced by the company’s strong 3Q2010 earnings revealed this week. The Oklahoma City-based exploration and production (E&P) company said it set new quarterly production records in both its Barnett and Cana-Woodford shale plays.

November 8, 2010

Supporters of Alaska’s Murkowski Bank on Absentee Ballot Count

Supporters of Alaska Sen. Lisa Murkowski’s reelection bid were more optimistic Friday after the Alaska Division of Elections revealed that besides the more than 11,000 absentee ballots that have come in so far, there are an additional 8,000-plus questioned ballots still to be counted in the Republican primary race Aug. 23 in which Tea Party candidate Joe Miller won the initial precinct count by 1,668 votes (see Daily GPI, Aug. 27).

August 30, 2010