Hopeful that it is seeing the final months of a moratorium on high-volume hydraulic fracturing (HVHF) tick away in New York, Norse Energy Corp. ASA — a company that, like many others, has suffered through years of uncertainty at the hands of the delay — is positioning itself to hit the ground running in the Marcellus and Utica shales.
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Norse Inks $37M Deal, Back to Being Optimistic in New York
Hopeful that it is seeing the final months of a moratorium on high-volume hydraulic fracturing (HVHF) tick away in New York, Norse Energy Corp. ASA — a company that, like many others, has suffered through years of uncertainty at the hands of the delay — is positioning itself to hit the ground running in the Marcellus and Utica shales.
Cummins Sees Market Potential for NatGas-Powered Trucks
World-scale engine builder Cummins Inc. sees potential for growth in the market for natural gas engines for trucks.
It’s a Wet, Oily World, Says Raymond James
The “perma-bulls” at Raymond James & Associates Inc. have dialed back their assumptions for the U.S. natural gas rig count and giving in to the inevitable: low prices are taking down rigs in the gas patch. The good news: there’s “blistering” growth for oil and liquids drillers.
Water Supply for Eagle Ford Seen as Sufficient
There’s enough water in the Carrizo Wilcox Aquifer in South Texas to support Eagle Ford Shale oil and gas drilling and hydraulic fracturing as well as other uses, such as irrigation, according to the Eagle Ford Task Force. This is in spite of a drought that has gripped most of Texas, according to experts.
Talisman Reduces Capex in Dry Gas Plays
Seeing no increase in natural gas prices, Talisman Energy Inc. is reducing its capital expenditures (capex) budget in dry natural gas plays from 2011 and is closing in on liquids this year.
Talisman Shifting to Liquids in 2012
Seeing no increase in natural gas prices, Talisman Energy Inc. is closing in on liquids in 2012.
AGA: Chemical Firms Betting Billions on Cracking Plants
The United States is seeing a resurgence in ethylene cracking facilities as chemical companies, which left the country a decade ago because of high natural gas feedstock prices, are returning to build new plants and reopen mothballed facilities due to lower gas prices brought on by the boom in shale production, said the head of the American Gas Association (AGA) Friday.
Canada to Europe: Classify Oilsands Fairly
Canada’s natural resources minister said his government is committed to seeing the Keystone XL Pipeline become a reality, and rebuked a possible effort by European officials to target the country’s oilsands by labeling it as a dirtier form of energy.
Canadian Official Warns Europe: Don’t Mess With Oilsands
Canada’s natural resources minister said his government is committed to seeing the Keystone XL Pipeline become a reality, and rebuked a possible effort by European officials to target the country’s oilsands by labeling it as a dirtier form of energy.