Secure

Pennsylvania could secure its energy future, clean up its environment and create thousands of jobs by providing incentives for the use of natural gas as a transportation fuel, all without having to impose a severance tax on gas production in the Marcellus Shale, according to a group of state House Republicans led by Stan Saylor (R-York).

Seneca Resources Corp., a subsidiary of National Fuel Gas Co., is in the hunt to secure more joint venture (JV) partners to help develop the company’s Marcellus Shale portfolio, company officials said Wednesday.

Pennsylvania could secure its energy future, clean up its environment and create thousands of jobs by providing incentives for the use of natural gas as a transportation fuel, all without having to impose a severance tax on gas production in the Marcellus Shale, according to a group of state House Republicans led by Stan Saylor (R-York).

Chesapeake Energy Corp., long one of the most active natural gas drillers and producers in North America, is stealthily making a land grab to secure domestic oilfields, part of a long-range plan to rebalance a portfolio that now is 93% weighted to gas, CEO Aubrey McClendon said last week.

Statoil ASA is just getting started in its quest to secure onshore and offshore opportunities in North America, CEO Helge Lund said last week.

Chesapeake Energy Corp., long one of the most active natural gas drillers and producers in North America, is stealthily making a land grab to secure domestic oilfields, part of a long-range plan to rebalance a portfolio that now is 93% weighted to gas, CEO Aubrey McClendon said Thursday.

Chesapeake Energy Corp., long one of the most active natural gas drillers and producers in North America, is stealthily making a land grab to secure domestic oilfields, part of a long-range plan to rebalance a portfolio that now is 93% weighted to gas, CEO Aubrey McClendon said Thursday.

The hunt to secure a joint venture (JV) partner to help develop some projects in the deepwater Gulf of Mexico is nearly done, Devon Energy Corp. officials said Wednesday.

Funding for Anadarko Petroleum Corp.’s Gulf of Mexico (GOM) and international exploration projects is secure, but with natural gas prices remaining low, the company now favors short-cycle investment opportunities in the U.S. onshore where there are “compelling economics,” like those in the Marcellus Shale, CEO Jim Hackett said last week.