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Oilfield Sector Earnings to Indicate Strength of Onshore

With a flat U.S. horizontal rig count and a lower-priced backlog still to be worked through, the oilfield services sector didn’t have a lot of “classic” catalysts to propel them in 2Q2013, according to a preview by Tudor, Pickering, Holt & Co. (TPH).

July 18, 2013
April NatGas Production Up on Marcellus, Niobrara, Says EIA

April NatGas Production Up on Marcellus, Niobrara, Says EIA

The Marcellus Shale is still powering natural gas production increases, as reported by the Energy Information Administration (EIA), even though the agency continues to lump main Marcellus state Pennsylvania into the “other” category in its monthly production report.

July 1, 2013

Canada’s New Regulatory Way: Quicker, Quieter

Protesters and critics still have a voice but they have been stripped of power to stall or kill Canadian oil and gas projects with delaying tactics, confirms the pioneer foray into new regulatory review and approval procedures.

June 3, 2013
North Dakota Governor Welcomes New Gas Pipeline

North Dakota Governor Welcomes New Gas Pipeline

With flaring of wellhead associated natural gas still hovering around 30%, state officials in North Dakota welcome the proposed new natural gas pipeline from the Bakken to Minnesota by a unit of Bismarck-based MDU Resources Inc., and the governor has pledged support for the pipeline’s development.

June 3, 2013

Canada’s New Regulatory Way: Quicker, Quieter

Protesters and critics still have a voice but have been stripped of power to stall or kill Canadian oil and gas projects with delaying tactics, confirms the pioneer foray into new regulatory review and approval procedures.

June 3, 2013
Warren Resources Plans 25 Coalbed Methane Wells in Wyoming

Warren Resources Plans 25 Coalbed Methane Wells in Wyoming

Warren Resources Inc. plans to drill 25 new coalbed methane (CBM) wells in the Spyglass Hill Unit in Wyoming’s Washakie Basin, a sub-basin of the Greater Green River Basin, the New York City-based exploration and production company said.

May 22, 2013
Ohio’s Utica Oil Figures Disappoint, But Sweet Spots Emerging

Ohio’s Utica Oil Figures Disappoint, But Sweet Spots Emerging

Industry experts said they were disappointed by the Utica Shale oil production figures for 2012 released Thursday by the Ohio Department of Natural Resources (ODNR), but they believe a clearer picture is beginning to emerge of where the play’s sweet spots for oil are located.

May 20, 2013

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.

May 17, 2013

EVEP Seeking JV Partners to Unlock Utica Volatile Oil Window

Officials with EV Energy Partners LP (EVEP) say the company is still looking to sell thousands of wet gas acres in the Utica Shale and is looking for one or more joint venture (JV) partners in the play to develop the volatile oil window.

May 15, 2013

Best Marcellus Wells Still to Come, Says Range

Range Resources Corp.’s management team is “convinced” that its best wells are still to come in the Marcellus Shale after some new wells punched into a previously drilled area with five years of production history were “substantially better than previous wells,” according to COO Ray Walker.

May 6, 2013
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