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Drilling Reductions May Create Recycling Problem

The decrease in drilling expected in the Marcellus Shale this year could have an unexpected consequence: reducing the amount of flowback water that operators reuse at well sites.

March 30, 2012

TransCanada’s Nova Pipeline Plans Meet Resistance

The Alberta government and natural gas producers are vowing to stop TransCanada Corp.’s Nova pipeline network from growing like a weed far beyond the province at their expense.

March 26, 2012

Kinder Deal for El Paso ‘Tainted by Disloyalty,’ Says Judge

A Delaware business court judge last week said he won’t stop El Paso Corp. shareholders from voting on Tuesday (March 6) on a proposed takeover by Kinder Morgan Inc. (KMI), but he admonished El Paso Corp. CEO Doug Foshee and Goldman Sachs Group Inc. for “disturbing” behavior that led to the transaction. Shareholders still have a chance to weigh in on whether they believe the sale to KMI was “tainted by disloyalty,” wrote Delaware Chancellor Leo Stine.

March 5, 2012

Kinder Deal for El Paso ‘Tainted by Disloyalty,’ Says Judge

A Delaware business court judge on Wednesday said he won’t stop El Paso Corp. shareholders from voting next week on a proposed takeover by Kinder Morgan Inc. (KMI), but he admonished El Paso Corp. CEO Doug Foshee and Goldman Sachs Group Inc. for “disturbing” behavior that led to the transaction. Shareholders still have a chance to weigh in on whether they believe the sale to KMI was “tainted by disloyalty,” wrote Delaware Chancellor Leo Stine.

March 2, 2012

API Official Urges Congress: Don’t Overregulate Fracking

Citing conflicting words and actions by President Obama on natural gas, a chief economist for a major producer group Wednesday urged Congress to put a stop to what he claims is the administration’s attempt to overregulate hydraulic fracturing (fracking) and oil and natural gas production.

February 13, 2012

Will Low Gas Prices Prompt Shut-ins? Maybe, Maybe Not

With natural gas prices at their lowest level in years, U.S. explorers will have to stop drilling for economic reasons, right? Anadarko Petroleum Corp. CEO Jim Hackett said he thinks shut-ins are inevitable. Energy analysts with Barclays Capital Markets aren’t so sure.

January 23, 2012

Will Low Gas Prices Prompt Shut-ins? Maybe, Maybe Not

With natural gas prices at their lowest level in years, U.S. explorers will have to stop drilling for economic reasons, right? Anadarko Petroleum Corp. CEO Jim Hackett said he thinks shut-ins are inevitable. Energy analysts with Barclays Capital Markets aren’t so sure.

January 20, 2012

Cabot Hits Marcellus Production Record

Cabot Oil & Gas Corp. closed out 2011 averaging 600 MMcf/d from the Marcellus Shale, including one day where the Houston company produced a record 606 MMcf.

January 5, 2012

NEB Reaffirms Relief Well Policy for Arctic Offshore Drilling

Companies drilling in the Canadian Arctic Offshore must abide by the country’s policy requiring capability to stop a spill quickly by drilling a relief well in the same season that a blowout occurs, or demonstrate how they would meet or exceed the intended outcome of that policy, according to filing requirements issued Thursday by the National Energy Board (NEB).

December 19, 2011

NEB Reaffirms Relief Well Policy for Arctic Drilling

Companies drilling in the Canadian Arctic Offshore must abide by the country’s policy requiring capability to stop a spill quickly by drilling a relief well in the same season that a blowout occurs, or demonstrate how they would meet or exceed the intended outcome of that policy, according to filing requirements issued Thursday by the National Energy Board (NEB).

December 19, 2011