The Interior Department is moving at an “accelerated” pace on a programmatic environmental impact statement (EIS) to allow exploration and production off the Mid- and South Atlantic coast, department officials told a Senate committee Thursday.
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Articles from South
Eagle Ford Oil Production Poised to Be a Bakken Beater
As oil production continues its steep climb in the Eagle Ford Shale, the South Texas play is on track to surpass the Bakken, the shale oil production leader, in the near term, an RBC Capital Markets analyst said Wednesday.
Southwestern’s Fayetteville Comes Alive With $4 NatGas
When natural gas prices are $3, Southwestern Energy Co. has 1,200-1,500 well locations to drill in the Fayetteville Shale, but “in today’s price environment, that changes substantially,” CFO Robert Craig Owen said Wednesday in Austin, TX.
North Dakota Official Says USGS Williston Assessment ‘Conservative’
The U.S. Geologic Survey’s (USGS) assessment of the Williston Basin’s Bakken Shale and Three Forks formation in North Dakota, Montana and South Dakota, which combined was estimated at 7.4 billion bbl of technically recoverable oil, is “very conservative,” according to North Dakota’s chief oil and gas regulator.
Block on Moniz Nomination ‘Old-Fashioned Pork-Barrel Politics’
Edwin Lyman, a senior scientist with the Union of Concerned Scientists (UCS), Wednesday blasted South Carolina’s two Republican senators for blocking and objecting to the Senate confirmation of Ernest J. Moniz as secretary of the Department of Energy (DOE) to protect a nuclear fuel facility in their home state.
Forest’s Texas Three-Step Leans Toward Eagle Ford
Forest Oil Corp. continues to step up its activity in the Eagle Ford Shale of South Texas with the aid of a recently struck joint venture while it expands activity in the Texas Panhandle. East Texas results remain consistent and predictable, and the company is developing a new oil project in the area, said CEO Patrick R. McDonald.
USGS: Three Forks Multiplies Bakken’s Resource Potential
The Bakken Shale and Three Forks formation in the Williston Basin in Montana, North Dakota and South Dakota contain a combined estimated 7.4 billion bbl of undiscovered, technically recoverable oil, 6.7 Tcf of undiscovered, technically recoverable natural gas and 530 million bbl of undiscovered, technically recoverable natural gas liquids (NGL), according to an assessment released by the United States Geological Survey (USGS).
Domestic Supply Prompts Southeast Texas Crude System Expansion
Enterprise Products Partners LP plans to “significantly” expand its crude oil storage and distribution infrastructure serving the southeast Texas refinery market, the partnership said Thursday. The move is in response to the displacement of imported waterborne crude by domestic supply from unconventional basins.
USGS: Three Forks Multiplies Bakken’s Resource Potential
The Bakken Shale and Three Forks formation in the Williston Basin in Montana, North Dakota and South Dakota contain a combined estimated 7.4 billion bbl of undiscovered, technically recoverable oil, 6.7 Tcf of undiscovered, technically recoverable natural gas and 530 million bbl of undiscovered, technically recoverable natural gas liquids (NGL), according to an assessment released Tuesday by the United States Geological Survey (USGS).
City of San Bruno Challenges CPUC Gas Safety Meeting
San Bruno, CA, the suburb south of San Francisco that endured a devastating natural gas pipeline rupture and explosion almost three years ago, on Wednesday filed a motion with California state regulators calling for postponement or changes in an upcoming two-day utility safety symposium. And the regulators on Thursday said they will postpone the event.