Shale

Ontario-based Epsilon Energy Ltd., which is working with Chesapeake Energy Corp. in the Marcellus Shale, said Friday it ended 2011 with a “substantial” increase in Pennsylvania natural gas production, which was in line with its exit guidance.

The Pennsylvania Senate unanimously approved legislation Tuesday to give state regulators oversight over gathering lines in the state.

EOG Resources Inc. has agreed to pay the Pennsylvania Fish and Boat Commission (PFBC) $93,710 to settle a late 2010 pollution incident in the Marcellus Shale.

Rosetta Resources Inc. will be dropping more than 90% of its $640 million 2012 capital budget in the Eagle Ford Shale of South Texas, the Houston-based company said last week.

The West Virginia legislature overwhelmingly approved a landmark Marcellus Shale regulatory reform bill on Wednesday, opening a new chapter for natural gas development in the state.

Magnum Hunter Resources Corp and Stone Energy Corp. said Monday they plan to jointly develop Marcellus Shale acreage in West Virginia. Separately Stone agreed to commit its share of output from the contract area to a Magnum Hunter pipeline subsidiary.

As the city of Dallas’ Gas Drilling Task Force works to finalize the recommendations it is scheduled to make later this month to city council, members Tuesday came to a decision on a few items.

Natural gas and motor gasoline never had much to do with each other, but new environmental rules and the natural gas liquids (NGL) abundance from shale plays could make for a bit more of a connection, Bentek Energy LLC and Turner, Mason & Co. (TMC) have found.

Natural gas and motor gasoline never had much to do with each other, but new environmental rules and the natural gas liquids (NGL) abundance from shale plays could make for a bit more of a connection, Bentek Energy LLC and Turner, Mason & Co. (TMC) have found.