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A nonprofit organization that conducts voluntary reviews of state oil and natural gas regulations has made a few minor recommendations for Colorado’s hydraulic fracturing (fracking) regulations, but concluded that the program is well managed and contains some strengths the shale gas industry would find noteworthy.

At first glance Thursday’s market looked similar to the one a day earlier: mostly small gains outweighing minor losses. However, there were fewer and smaller double-digit increases Thursday, while at the same time there were more and larger declines. The trend hinted at the possibility of cash numbers ending the week the same way they started, with softness dominant.

The Louisiana Department of Natural Resources (DNR) has asked four companies operating in the Haynesville Shale to temporarily refrain from withdrawing water for hydraulic fracturing (fracking) from Bayou Pierre because of an ongoing severe drought.

Although noting that industry never wants to be taxed, one of the largest players in the Marcellus Shale said it supports an impact fee in principle.

The Utica Shale could be more profitable than the Marcellus Shale, but it could also prove to be more challenging, a Consol Energy Inc. executive suggested at a conference in Pittsburgh on Thursday.

Sustained low natural gas prices and higher productivity may trigger a wave of industry consolidation similar to the mega mergers in the past decade, oil and gas experts told an audience at the recent IHS Herold 20th Annual Pacesetters Energy Conference in Stamford, CT.

Sustained low natural gas prices and higher productivity may trigger a wave of industry consolidation similar to the mega mergers in the past decade, oil and gas experts told an audience last week at the IHS Herold 20th Annual Pacesetters Energy Conference in Stamford, CT.

Hydraulic fracturing (fracking) chemical disclosure is spreading throughout the Ark-La-Tex as Louisiana — home of most of the Haynesville Shale — is weighing new disclosure requirements modeled in part on those in place in Arkansas and recently mandated in Texas.

The Natural Resources Defense Council (NRDC) on Thursday warned that using water from the Colorado River Basin to produce oil shale could impact agricultural and municipal water uses affecting 15% of the nation’s crops and up to 30 million people from Wyoming to Southern California.