A legislative panel in Ohio has cleared four rules proposed by the Ohio Department of Natural Resources (ODNR), which include new requirements for the permitting and construction of oil and natural gas wells and rules governing hydraulic fracturing (fracking).
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Hydraulic fracturing (fracking) took center stage at a House hearing Wednesday on the fiscal year (FY) 2013 Interior Department budget, with Secretary Ken Salazar saying that he hopes that federal government research into the shale gas practice will end “a lot of the hysteria” surrounding the drilling practice.
Cash prices on Friday rose throughout the country except for in the Northeast following Thursday’s strength in futures, but the March contract eased as the market couldn’t shake the stranglehold of moderate weather and plump storage.
A year-old, privately held California micro exploration and production (E&P) company founded by former senior executives from a predecessor Chevron Corp. company (Texaco), Pacific Energy Development Corp. (PEDCO), plans to merge with publicly held Houston-based energy services firm Blast Energy Services to form a new publicly held company headed by PEDCO CEO Frank Ingriselli.
The Pennsylvania House of Representatives voted unanimously against House Bill 1950 on Tuesday, its last day in session for the year, setting the stage for ongoing debates about the matter when lawmakers return from their recess in January.
The House and Senate have reached a hard-fought agreement on pipeline safety legislation (HR 2845), setting the stage for Congress to pass the bill before it adjourns for the year, the leaders of the House Transportation and Infrastructure committee said Thursday.
Pacific Gas and Electric, which has had simultaneous Stage 1 low-inventory/high-inventory OFOs in effect consistently on its California Gas Transmission system since it began them July 8 due to lower pressures from pipe remediation work (see Daily GPI, July 8), said it will have an OFO-free gas day Thursday.
In the environmental debates raging around natural gas and oil drilling in North America, one thing until now has not been in dispute: it takes huge amounts of water to open up reservoir fractures deep underground. However, new technologies developed in Canada, which have been tested in the United States, may offer the energy industry a waterless way forward.
With a drilling industry begun in the mid-1800s and modifications to its decades-old oil and gas law in place, Ohio is well prepared for the kind of shale industry growth that has to varying degrees overwhelmed other states, according to Ohio Oil & Gas Association (OOGA) Executive Vice President Tom Stewart.