Shallow

Crosstex Expands Midstream Infrastructure

Targeting natural gas and natural gas liquids (NGL) production from shale plays in Texas, Louisiana and Pennsylvania; and conventional production from the Gulf of Mexico, Crosstex Energy Inc. unit Crosstex Energy LP has completed and brought online two expansions of its natural gas gathering system in the Barnett Shale in North Texas and has reactivated its Eunice NGL fractionator in south central Louisiana.

April 8, 2011

Texas Clears Range of Fouling Water Wells

Range Resources Corp. Tuesday was cleared of fouling North Texas water wells with natural gas by a unanimous vote of the Railroad Commission of Texas (RRC). It was vindication for the Fort Worth, TX-based producer and an informal indictment of the Environmental Protection Agency (EPA) — not that anyone from the federal agency was at the meeting in Austin, TX, to hear it.

March 23, 2011

West Virginia DEP Drafting Water Rules for Marcellus Operators

The West Virginia Department of Environmental Protection (DEP) is working on a set of draft rules that would require natural gas producers to submit comprehensive water management plans when they apply to drill horizontal wells in the Marcellus Shale.

November 17, 2010

Mariner: Shallow Water Platform Fire Extinguished

Mariner Energy Inc. said Thursday afternoon that a fire on an offshore natural gas and oil production platform in the shallow waters of the Gulf of Mexico (GOM) had been extinguished and all crew members were safe. The incident, said the Houston-based producer, was not related to a well blowout.

September 3, 2010

Devon Completes Gulf of Mexico Exit

Apache Corp. last Thursday completed its $1.05 billion acquisition of Devon Energy Corp.’s oil and gas assets in the shallow waters of the Gulf of Mexico shelf . The deal netted Apache proved and probable reserves of 83 million boe at year-end 2009.

June 14, 2010

Devon Completes Gulf of Mexico Exit

Apache Corp. on Thursday completed its $1.05 billion acquisition of Devon Energy Corp.’s oil and gas assets in the shallow waters of the Gulf of Mexico shelf . The deal netted Apache proved and probable reserves of 83 million boe at year-end 2009.

June 11, 2010

Halliburton Battling on Two Fronts — Gulf and Capitol Hill

A high-ranking Halliburton executive Tuesday said he doesn’t believe drilling in the offshore — both in shallow water and deepwater — can remain at a standstill for long as a result of the Deepwater Horizon rig explosion and oil spill in the Gulf of Mexico (GOM).

May 26, 2010

Calgary’s Compton Looks for Buyer

Calgary-based Compton Petroleum Corp., which focuses its exploration efforts on extracting shallow and deep natural gas from the Western Canadian Sedimentary Basin, is looking for a buyer — a sales process it expects to complete by this fall.

June 16, 2008

Calgary’s Compton Looks for Buyer

Calgary-based Compton Petroleum Corp., which focuses its exploration efforts on extracting shallow and deep natural gas from the Western Canadian Sedimentary Basin, is looking for a buyer — a sales process it expects to complete by this fall.

June 13, 2008

McMoRan ‘Whole New Company’ with Purchase of Newfield’s Shelf Assets

To finance its Rocky Mountain exploration and pay down debt, Newfield Exploration Co. Thursday agreed to sell all of its natural gas-heavy properties in the shallow waters of the Gulf of Mexico (GOM) to McMoRan Exploration Co. for $1.1 billion. Newfield, which plans to keep its deepwater leases, said the sale was one of several divestitures planned over the next few months.

August 7, 2007