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.
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Enviros Target FERC Order on Transco Marcellus Project
Some of the same environmental groups that have asked FERC to reconsider a May order approving Tennessee Gas Pipelines’ Northeast Upgrade Project have asked the agency to rescind its order approving Transcontinental Gas Pipe Line’s (Transco) Northeast Supply Link project until a full environmental impact statement has been conducted.
December 7, 2012
Baker: Fewer Emissions, Less Fuel Needed for Bifuel Fracking Units
Baker Hughes Inc. is reporting positive results from a program to convert a fleet of its North American hydraulic fracturing (fracking) units to bifuel pumps that use a mix of natural gas and diesel, the oilfield services operator said Monday.
November 27, 2012
Officials Tout Marcellus, Warn Global LNG Market Limited
The Marcellus Shale is a “solidly economic” shale play that could play a big role in the export of liquefied natural gas (LNG) from the United States to Europe and Asia, but regulatory hurdles, stiff competition and market forces are all significant obstacles, according to two energy industry experts.
November 26, 2012
Decline in U.S. Onshore Gas Activity Slams Baker Hughes
Baker Hughes Inc., the industry’s third-largest oilfield services provider, said Friday the slump in U.S. natural gas activity weighed heavily on its latest quarterly profits. However, the No. 1 oilfield services provider, Schlumberger Ltd., managed to avoid the carnage in North America’s onshore by accelerating activity overseas.
October 22, 2012
Pennsylvania Supreme Court Hears Marcellus Property Rights Case
The Pennsylvania Supreme Court is hearing oral arguments this week in a controversial mineral rights case that could have enormous implications over ownership rights in the Marcellus Shale.
October 18, 2012
Black Warrior Coalbed Methane Properties on Market
Constellation Energy Partners LLC (CEP) said Monday it’s looking for a buyer for its natural gas-heavy Black Warrior Basin properties in Tuscaloosa County, AL.
October 3, 2012
Escondido Resources: Eagle Ford Well Highest Gas Producer to Date
Midland, TX-based Escondido Resources II LLC touted Wednesday what it said is the highest-producing natural gas well to date in the Eagle Ford Shale of South Texas: its Spohn Ranch 1H well in the Hawkville Field in Webb County.
September 21, 2012
Pennsylvania Urged by Industry, Locals to Scrutinize Drilling Rules
The Pennsylvania Public Utility Commission (PUC) has received requests from citizens, oil and gas companies and local officials to review the drilling ordinances of three of the five localities in southwestern Pennsylvania that have filed a legal challenge to Act 13, the state’s omnibus Marcellus Shale law.
September 20, 2012
North Dakota Oil, Gas Output Shoots Higher
North Dakota continued its torrid pace for month-over-month production increases in oil and natural gas, driven principally by the Bakken Shale play, according to statistics released Wednesday by the state Department of Mineral Resources’ (DMR) Industrial Commission. The latest statistics are as of the end of July.
September 14, 2012
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