Magnum Hunter Resources Corp. is planning to build production through the rest of this year from its substantial asset base in the Appalachian Basin after being knocked back early this year from a lack of pipeline capacity for natural gas liquids (NGL), CEO Gary Evans said Tuesday.
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Texas Firm Seeks to Provide Gas-Based Well Site Services
Plan would also have drillers use natural gas-fueled rigs, but conflict arises between E&Ps and drilling companies regarding the use of gas at the well sites.
North Dakota Officials Continue Focus on Flaring
With just minuscule movement downward in the amount of associated natural gas being flared, North Dakota’s top oil and gas official in his latest monthly report said that the state and industry are stuck at about a 28.5-29% level of flared associated gas.
Portion of Trunkline Gas Slated for Oil Service
Enbridge Inc. and Energy Transfer are partnering to develop a transport solution for Bakken crude oil using some of the latter’s Trunkline Gas Co. LLC pipeline. Meanwhile, some of Enbridge’s Gulf of Mexico gas pipeline assets have been underperformers in the current era of abundant shale gas and oil.
Portion of Trunkline Gas Slated for Oil Service
Enbridge Inc. and Energy Transfer are partnering to develop a transport solution for Bakken crude oil using some of the latter’s Trunkline Gas Co. LLC pipeline. Meanwhile, some of Enbridge’s Gulf of Mexico gas pipeline assets have been underperformers in the current era of abundant shale gas and oil.
EQT Dropping LDC for Midstream, E&P
Now that it’s getting out of the local distribution company (LDC) business, Appalachia-focused EQT Corp. will have more time and money to devote to the Marcellus Shale, America’s emerging natural gas breadbasket.
Waste Not, Want Not Aim of Eagle Ford Recycling Project
To reduce the amount of drilling waste that has to be transported to landfills and to provide a renewable solution, Chesapeake Energy Corp. has begun an innovative recycling project with TWMA Ltd. in the Eagle Ford Shale.
Romney’s Energy Plan Heavy On Domestic Oil and Natural Gas
Presumptive Republican presidential candidate Mitt Romney on Thursday unveiled an energy plan that he said would open more federal lands to oil and gas drilling and would make North America energy independent by 2020 — the final year of his second term in office — if he is elected this November.
‘Serious’ Obstacles Seen to Replicating U.S. Shale Gas in Europe
A growing realization is dawning for European shale gas operators that “serious” man-made and technical obstacles may block attempts to replicate U.S. experiences with shale gas, according to London-based analyst Chatham House.
Industry Accuses Obama EPA of Bias Against Oil, Gas
Citing the the recent disclosure of a “crucify them” enforcement mentality of a former Environmental Protection Agency (EPA) official and several agency missteps involving the use of hydraulic fracturing to develop unconventional gas, Congress Wednesday was called upon to exercise greater oversight over EPA’s regional officials and their activities.