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Rigs

Companies Spending $3B to Capture Flared Natural Gas in North Dakota

Oil and gas companies operating in North Dakota’s portion of the Bakken Shale are spending about $3 billion on infrastructure projects to capture natural gas currently being lost to flaring at oil drilling sites.

October 12, 2011

Boardwalk Building Marcellus System for Southwestern

A unit of Boardwalk Pipeline Partners LP plans to build a $90 million gathering system in northeastern Pennsylvania to connect Southwestern Energy Co. wells in the region to the Tennessee Gas Pipeline Co.’s (TGP) Line 300.

October 11, 2011

BOEM Bolsters Inspection Force in Gulf

The Interior Department’s Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) has increased its inspection force of oil and natural gas rigs in the Gulf of Mexico (GOM) by more than 40% since April 2010, according to the agency.

June 14, 2011

Shreveport, LA Takes a Bow, Thanks Haynesville for Jobs

It’s a long way from New York City to Shreveport, LA, in more ways than one, but that distance was bridged recently when a Gotham-based news website gave props to the capital of the Ark-La-Tex for its hospitality to recent college graduates. In other words, there are jobs down there, the Yankees heard. And that’s thanks mainly to the Haynesville Shale.

June 13, 2011

U.S. Geological Survey to Perform Bakken Assessment

Federal officials said the U.S. Geological Survey (USGS) will begin a two-year study of the Bakken Formation in October to obtain a better estimate of undiscovered, technically recoverable oil and gas contained in Montana and North Dakota portions of the shale play.

May 24, 2011

West Virginia DEP Tells Two Companies to Cease Drilling

The West Virginia Department of Environmental Protection’s (DEP) Office of Oil and Gas (OOG) has ordered Antero Resources Appalachian Corp. and Bronco Drilling Corp. to cease operations at an Antero well pad in Harrison County, WV, following a March 21 incident in which drill cuttings were washed into a nearby stream, OOG said.

March 30, 2011

Anadarko, Korea National Oil Enter Eagle Ford JV

Anadarko sales volumes from the Eagle Ford have been 46% oil, 27% natural gas liquids and 27% dry gas.

March 22, 2011

Noble Energy Receives First Deepwater Drilling Permit

The Interior Department agency overseeing the safety of offshore rigs Monday approved the first deepwater drilling perrmit since the explosion aboard the Deepwater Horizon rig and resulting oil spill last April. The permit allows Noble Energy to move forward with a bypass well in the Santiago prospect in Mississippi Canyon Block 519, about 70 miles southeast of Venice, LA. The Houston-based producer is the operator with a 23.25% working interest.

March 1, 2011

Enterprise Signs Up Chesapeake for Eagle Ford Services

Enterprise Products Partners LP has struck 10-year agreements to handle “a substantial portion” of Chesapeake Energy Corp.’s liquids-rich gas production in the Eagle Ford Shale in South Texas.

December 21, 2010

Shale-Focused Goodrich to Spend Less in 2011

Houston-based Goodrich Petroleum Corp. said Monday its preliminary 2011 capital expenditure budget is $225 million, a $30 million reduction from 2010 spending; however, production is expected to grow.

December 15, 2010