Cabot Oil & Gas Corp. has stopped hydraulic fracturing (hydrofracing) of its natural gas wells in Susquehanna County, PA, until it completes a state-ordered compliance plan, but the independent said it still expects to meet its production guidance in 3Q2009.
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Pioneer Assesses Eagle Ford Shale, Halts Most Gas Drilling
Dallas-based Pioneer Natural Resources Co. stopped drilling natural gas wells in its core Raton Basin and Midcontinent properties in the first six months of this year, but it continues to test a smattering of potential U.S. gas plays, including the Eagle Ford Shale in South Texas, the company said late Tuesday.
Appeals Court Vacates Own Order that Denied Alaska Drilling
In an unusual turn of events, the federal appeals court that last year stopped Shell Oil Co. subsidiary Shell Offshore Inc. (SOI) from drilling offshore Alaska has vacated and withdrawn its decision.
Appeals Court Vacates Own Order that Denied Alaska Drilling
In an unusual turn of events, the federal appeals court that last year stopped Shell Oil Co. subsidiary Shell Offshore Inc. (SOI) from drilling offshore Alaska has vacated and withdrawn its decision.
EnCana Fixes Well Leak in Area of Recent Attacks
EnCana Corp. said Monday it had stopped a small gas leak that was discovered Friday about noon at a well site south of Dawson Creek, BC. The leak, which was sealed Sunday evening by cement injection into the well, is in an area where EnCana facilities were targeted by vandals in two incidents last month.
Canada’s New Role: Global LNG Middleman
A landmark ruling by Canada’s National Energy Board (NEB) has stopped an attempt by international merchants to parlay global trade in liquefied natural gas into relaxation of controls on sales of Canadian production to the United States.
Canada’s New Role: Global LNG Middleman
A landmark ruling by Canada’s National Energy Board (NEB) has stopped an attempt by international merchants to parlay global trade in liquefied natural gas (LNG) into relaxation of controls on sales of Canadian production to the United States.
No Slowdown in E&P M&A Activity Expected into 2007
Volatility in commodity prices hasn’t stopped acquisitive-minded producers from paying top dollar to buy companies and build reserves in the past year. And even with the recent pullback in prices, energy analysts don’t expect to see a slowdown in mergers and acquisitions (M&A) anytime soon.
More E&P M&A Activity Expected into 2007
Volatility in commodity prices hasn’t stopped acquisitive-minded producers from paying top dollar to buy companies and build reserves in the past year. And even with the recent pullback in prices, energy analysts don’t expect to see a slowdown in mergers and acquisitions (M&A) anytime soon.
Chevron Drops Lease for Port Pelican’s Onshore Fabrication Site
The U.S. Coast Guard reported in a Federal Register notice Tuesday that it has stopped processing an environmental assessment of Chevron’s onshore work associated with its Port Pelican liquefied natural gas (LNG) import terminal offshore southwest Louisiana. Chevron had planned to conduct fabrication activities for the gravity-based structure onshore at Port Aransas in Nueces County, TX, but the company has decided not to renew a lease on the site because it has not lined up LNG supply for the project.