No place in the entire world has better dry or wet gas potential than the Marcellus Shale, now “four years into a 50-year play,” but ensuring that there’s enough infrastructure for adequate takeaway will take some time, a top Williams executive said Tuesday.
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Royale Touts JV for Alaska North Slope Shale Acreage
Royale Energy Inc. said Wednesday it struck a $43 million joint venture (JV) agreement with an unnamed company to fund exploration costs on its Alaska North Slope acreage.

North Dakota Report: Oil Economic Impact Up Sevenfold
North Dakota’s record-setting oil production pace has provided an economic boost that has increased sevenfold since 2004, reaching $30.4 billion in 2011, according to a study released by North Dakota State University (NDSU).
North Carolina Closer to Fracking, Considers Offshore Development
The Domestic Energy Jobs Act (SB 76) was passed by the North Carolina Senate last Wednesday, setting the stage for horizontal drilling and hydraulic fracturing (fracking) of oil and natural gas wells to begin in the state two years from now. It also encourages the governor to coordinate with South Carolina and Virginia for offshore drilling.
North Carolina Senate Passes Bill to Allow Fracking, Consider Offshore
The Domestic Energy Jobs Act (SB 76) was passed by the North Carolina Senate Wednesday, setting the stage for horizontal drilling and hydraulic fracturing (fracking) of oil and natural gas wells to begin in the state two years from now. It also encourages the governor to coordinate with South Carolina and Virginia for offshore drilling.
North Carolina Moves Closer to Allow Fracking, Consider Offshore Development
The Domestic Energy Jobs Act (SB 76) was passed by the North Carolina Senate Wednesday, setting the stage for horizontal drilling and hydraulic fracturing (fracking) of oil and natural gas wells to begin in the state two years from now. It also encourages the governor to coordinate with South Carolina and Virginia for offshore drilling.
Carbon Crunch Hits California Production
For California and other states that want to emulate its precedent-setting low-carbon fuel standards (LCFS), some industry leaders are warning that there may be unintended environmental and economic consequences waiting around the bend.
Low-Carbon Standards Hit California Oil Production
For California and other states that want to emulate its precedent-setting low-carbon fuel standards (LCFS), some industry leaders are warning there may be some unintended environmental and economic consequences waiting around the bend.
Credit Suisse Predicts Gas Prices Will Rise in 2013
Forecasting a decline in production setting in during 2013, Credit Suisse’s head of energy commodities research believes North American natural gas prices are due for a rebound from 2012 levels.
Credit Suisse Predicts Gas Prices Will Rise in 2013
Forecasting a decline in production setting in during 2013, Credit Suisse’s head of energy commodities research believes North American natural gas prices are due for a rebound from 2012 levels.