Solid

ConocoPhillips is on track for a “new era of development” in the United States, fueled by a growing list of discoveries in the deepwater Gulf of Mexico (GOM) and a solid portfolio in some onshore unconventional plays, the exploration and production (E&P) chief said Thursday.

In an operations update Monday, San Antonio, TX-based Abraxas Petroleum Corp. said a recent Eagle Ford Shale well turned in solid initial performance. The company’s third well in the WyCross area has outperformed a previous top performer.

Encana Corp. on Thursday struck a C$2.18 billion joint venture (JV) agreement to explore and develop close to half a million acres of its leasehold in the Duvernay Shale with a subsidiary of PetroChina International Ltd.

The North American “shale revolution” is providing infrastructure companies and U.S. master limited partnerships with solid growth opportunities over the next two decades, according to an analysis by Credit Suisse.

The North American “shale revolution” is providing infrastructure companies and U.S. master limited partnerships with solid growth opportunities over the next two decades, according to an analysis by Credit Suisse.

Mixed with solid reviews about all-time record highs for monthly natural gas and oil production in North Dakota’s Bakken Shale and Williston Basin region, the director of the state’s Department of Mineral Resources (DMR) sounded words of caution last week that the drilling boom is showing some signs of easing.

Mixed with the solid reviews about all-time record highs for monthly natural gas and oil production in North Dakota’s Bakken Shale and Williston Basin region, the director of the state’s Department of Mineral Resources (DMR) sounded words of caution that the drilling boom is showing signs of easing, but not because production has slowed much.

Phoenix, AZ-based solid waste operator Republic Services Inc. has signed a deal with a unit of California-based Clean Fuels Energy Corp. to take some of the renewable natural gas produced at a Tennessee landfill and use it as vehicle fuel in Republic’s expanding natural gas-powered fleet.

California’s five-member state regulatory commission is showing some cracks in its usual solid consensus after 10 years of being headed by a former utility senior executive. This became apparent Thursday when a proposal by Pacific Gas and Electric Co. (PG&E) to invest utility ratepayer funds in a solar demonstration facility was rejected on a 3-2 vote.