A legacy shale play in south-central Oklahoma geographically similar to the Bakken, Marcellus and Eagle Ford shales could add 1.8 million boe to Continental Resources Inc. reserves in the next few years, the management team disclosed last week.
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Here’s The SCOOP: Continental Uncovers New Play in Old Field
Continental Resources Inc. disclosed Tuesday that it has begun reworking a legacy shale play in south-central Oklahoma geographically similar to the Bakken, Marcellus and Eagle Ford shales that could add 1.8 million boe to its reserves in the next few years.
Canadian Shales Top Out at 2,222 Tcf
A report by a veteran Canadian engineering firm in support of a liquefied natural gas (LNG) export terminal on the British Columbia coast has come up with some astronomical early estimates of shale gas resources in just five of the 50 identified shale basins in Canada.
Texas Retailer Touting First All-Gas Electricity Option
Similar to green energy options like solar and wind, Texas retail electricity customers of Direct Energy now can opt to buy electricity generated solely from natural gas-fueled power plants.
Unconventional Rig Count Inches Higher, But Oil-Gas Lines Blurred
Unconventional oil and gas drilling within the 13 plays tracked by NGI’s Shale Daily Unconventional Rig Count increased by one rig over the previous week to 890 rigs for the week ending Aug. 10. While some of the plays reporting increases or declines in activity were to be expected, others came as a bit of a surprise.
Flat Rig Count Can’t Stop North Dakota’s Record Production Pace
North Dakota oil and natural gas production maintained its record pace through the end of May, according to the latest statistics from state Department of Mineral Resources Director Lynn Helms. Oil and gas production both hit all-time highs again in May.
Minor Quakes, Injection Well Suspicions Continue in Texas
Concerns over natural gas development and its potential to cause earthquakes continue to linger in Johnson County, TX, after the area has experienced about 10 modest quakes during the last month.
Ohio Governor’s Temporary Order Regulates Injection Wells
Ohio Gov. John Kasich signed an executive order on Tuesday temporarily giving the Ohio Department of Natural Resources (ODNR) additional power to regulate wastewater injection wells used by oil and natural gas drilling operations.
Company Withdraws Plans for Ohio Wastewater Injection Wells
In an apparent bow to local opposition, a Texas company has withdrawn its proposal to build two injection wells for wastewater from oil and natural gas drilling in Mansfield, OH.
EIA: Lower 48 Production Declined in March
Natural gas production in the Lower 48 states was 71.76 Bcf/d in March, a 0.26 Bcf/d (0.4%) decrease compared with 72.02 Bcf/d in February, according to the Energy Information Administration’s (EIA) latest Monthly Natural Gas Gross Production report.