Tag / Sept



Forest Sells Noncore Gas-Weighted Texas Assets

Forest Oil Corp. has agreed to sell all of its South Texas properties — excluding those in the Eagle Ford Shale — for proceeds of $325 million after tax as part of its ongoing deleveraging plan, the company said Thursday.

January 4, 2013

Pennsylvania PUC Clarifies Issues Surrounding Impact Fees

The Pennsylvania Public Utility Commission (PUC) voted unanimously on Thursday to clarify several portions of Act 13, the state’s omnibus Marcellus Shale law, as to how it pertains to levying an unconventional natural gas drilling impact fee.

December 21, 2012

Report: Shale NGLs Will Revive U.S. Petchem Industry

The petrochemical industry in the United States is poised for a “spectacular comeback,” thanks to an abundant supply of feedstock from shale reserves, industry analysts with GlobalData said Monday.

December 18, 2012

200 MMcf/d of New Processing Online in Eagle Ford

Teak Midstream LLC’s 200 MMcf/d Silver Oak cryogenic gas processing plant is now online in South Texas, along with 250 miles of gathering and residue delivery pipelines, the company said Tuesday.

November 28, 2012

Magnolia Expects Prompt Payout from Mississippian Lime Wells

Broken Arrow, OK-based Magnolia Petroleum Plc announced successful well results in the Mississippian Lime play on Tuesday and said well costs would be recovered quickly.

November 28, 2012

Marcellus Water Contamination Notification Policy Disputed

A coalition of 14 environmental groups has asked Pennsylvania Gov. Tom Corbett to reverse a Department of Environmental Protection (DEP) policy that requires field offices to advise senior DEP officials of their intent to acknowledge water contamination related to Marcellus Shale gas well operations before notification letters are sent to potentially affected homeowners.

October 24, 2012


In the article “XTO, MarkWest Execs Tout Shale Success, Push Public Interaction, LNG Exports” (see Shale Daily, Sept. 21), NGI’s Shale Daily incorrectly stated that the Golden Pass liquefied natural gas terminal project is being developed by Cheniere Energy Inc. The Golden Pass Products liquefaction expansion project is a partnership of affiliates of Qatar Petroleum International (70% ownership) and ExxonMobil Corp. (30%). NGI’s Shale Daily regrets the error.

September 25, 2012

FERC OKS Interim Service on Tennessee Marcellus Project

Tennessee Gas Pipeline Co. got the go-ahead from FERC Thursday to start up facilities that will enable it to provide interim firm transportation service to three shippers on its Northeast Supply Diversification (NSD) Project beginning Oct. 1, one month ahead of the in-service date for the entire project.

September 24, 2012
North Dakota Oil, Gas Output Shoots Higher

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

Eaglebine Purchase, IPO Planned by Texas Producer

Energy & Exploration Partners Inc. on Monday said in a filing with U.S. regulators that it intended to raise up to $275 million through an initial public offering (IPO) of its common stock. In conjunction with the filing, the producer said it had agreed to buy acreage in the Eaglebine formation of Texas from Chesapeake Energy Corp. for $125 million.

September 13, 2012