Chesapeake Readies New Strategy with Growing Output

Chesapeake Energy Corp., with a new CEO leading the way, is beginning a new era for the company as well, moving away from spending to secure big leaseholds in the onshore to living within its cash flow.

August 2, 2013

Gastar Sharpens Hunton Limestone Focus with Sale

Gastar Exploration Ltd. is selling about 76,000 net acres in Kingfisher and Canadian counties in Oklahoma for $62 million and also agreed to swap acreage with the undisclosed buyer so that both might concentrate their positions, the company said Tuesday.

July 5, 2013

Nova Scotia Looks for Secure Natural Gas Supplies

Nova Scotia officials are exploring options to secure a more stable natural gas supply and are issuing a request for proposals (RFP) to examine challenges on price volatility and meeting gas demand now and into the future.

January 16, 2013
Statoil’s Marcellus Gas Headed to Canada

Statoil’s Marcellus Gas Headed to Canada

Statoil ASA on Thursday plans to begin delivering its U.S. natural gas produced in the Marcellus Shale to Canada to secure better prices.

November 1, 2012
U.S. Shale Oil Surge Has Operators Looking to Export

U.S. Shale Oil Surge Has Operators Looking to Export

Surging shale oil reserves in the United States led BP plc to apparently secure permission, and Royal Dutch Shell plc to apply, for export licenses to ship U.S. crude oil supplies to Canada and possibly elsewhere.

October 15, 2012

NRDC Offers to Assist Communities in Blocking Fracking

The Natural Resources Defense Council (NRDC), a major environmental group, Wednesday launched a project that would offer communities and towns a helping hand in blocking hydraulic fracturing (fracking). The effort would extend to five states, but the focus would be on Pennsylvania and Ohio, where fracking is most pervasive.

September 24, 2012

Cash Prices Head South, But Futures Turn North

Cash prices overall were down about a nickel on average Friday as traders faced little incentive to secure three days of gas when spot prices could be made during the weekend and seasonal weather forecasts posed little reason to lock-in supplies.

September 24, 2012

Tillerson: Fracking Is a Sipper, Not a Gulper

Two and a half million gallons sounds like a lot of water, and producers can use that much and more to stimulate a well with hydraulic fracturing (fracking), but other uses consume a lot more, ExxonMobil CEO Rex Tillerson told an audience on the Council on Foreign Relations Wednesday.

June 29, 2012

Devon Raises 2012 Onshore Spending by $1B

Oklahoma City-based Devon Energy Corp. eschewed all talk on Wednesday that its North American onshore properties are anything but stellar by announcing a $1 billion increase to the 2012 capital spending budget, with nearly all of the money to be focused on exploration efforts in the company’s in-house unconventional portfolio.

April 5, 2012

Springville Gathering Pipeline Begins Service in Pennsylvania

Williams Partners LP (WPZ) said Thursday it has started up the Springville natural gas gathering pipeline, one of the building blocks in its plan to secure large-scale infrastructure in the capacity-constrained Marcellus Shale. Springville initially would help deliver 300 MMcf/d to Northeast markets.

January 23, 2012
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