Simply

Typical well performance as well as peak-month production of the Eagle Ford Shale’s best wells exceeds those for wells drilled in the Bakken Shale, which is often considered the tight oil standard, according to the “IHS Herold Eagle Ford Regional Play Assessment.”

Monster U.S. oil supply growth will force domestic producers to curtail onshore activity in the upcoming weeks but it won’t be soon enough for 2013 oil prices, which likely will be “uglier than expected,” Raymond James & Associates Inc. analysts said Monday.

As other shale players are moving to liquids, Range Resources Corp. said Wednesday it is simply expanding the house it has long been building in the neighborhood.

Cabot Oil & Gas Corp. and GSI Environmental Inc. are questioning a Duke University study that found a link between hydraulic fracturing and increased cases of gas migration in northeastern Pennsylvania.

The co-chairs of a West Virginia panel trying to reach a consensus on Marcellus Shale regulatory reform testified Monday that they believe compromise legislation is within reach and could be enacted in the near future.

The more one learns about the Environmental Protection Agency’s (EPA) investigation of alleged well water contamination in North Texas by Barnett Shale gas wells drilled by Range Resources Corp., the more something smells, an industry newsletter publisher claims. After examining evidence presented in the case, Gene Powell Jr. said a congressional investigation of the EPA’s action is in order.

The U.S. Supreme Court is scheduled to hear oral arguments next month in a case that could have far-reaching ramifications for the sanctity of electricity and natural gas contracts.

The U.S. Supreme Court is scheduled to hear oral arguments next month in a case that could have far-reaching ramifications for the sanctity of electricity and natural gas contracts.

Oregon Gov. Ted Kulongoski held a one-day Energy Summit last Wednesday for the major stakeholders from the public and private sectors in his state, and in his opening and closing remarks he broadened his outlook to be all-inclusive of various traditional and alternative energy options, including the import of liquefied natural gas (LNG). Kulongoski would not rule out any options and said he will soon create a new state unit to ferret them out.