Natural gas is a critical part of Colorado’s “all-of-the-above” energy strategy, and it is encouraging its increased development, including the use of hydraulic fracturing (fracking), in a safe and responsible way that can be managed between government and industry, said Gov. John Hickenlooper as part of a Western Governors’ Association (WGA) three-part energy report (see related item).
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Statoil Takes the Keys to Some Eagle Ford Assets
As of Monday, Norway’s Statoil has taken over operatorship of the eastern portion of its Eagle Ford Shale assets that it has held in a 50-50 joint venture (JV) since 2010 with Talisman Energy USA Inc.
Ohio Hits Milestone with 100 Utica Wells Producing
As oil and gas companies continue to ponder the best strategy for unlocking natural resources in the Utica Shale — and industry analysts continue to debate the merits of doing so — data from the Ohio Department of Natural Resources (ODNR) indicate that the state has passed an important milestone: 100 horizontal wells online and in production.
Mexico Moving to ‘Gas Economy,’ Sempra CEO Says
Sempra Energy CEO Debra Reed on Thursday outlined the company’s strategy, which is centered around the surge in North American natural gas supplies, particularly from U.S. shale plays. Reed sees opportunity in Mexico, where Sempra already holds a big stake, as that country migrates from oil to natural gas use.
Bakken Well Spacing Key, Says MDU CEO
How to space wells in the Bakken Shale remains the “question of the day” for exploration production (E&P) operators working in the play, according to the CEO of Bismarck, ND-based MDU Resources Group Inc.
Oxy’s Focus on the Permian, Bakken and California
There are three major plays that have the full attention of Occidental Petroleum Corp.’s (Oxy) strategy to significantly grow its U.S. drilling operations — California, the Permian Basin and the Bakken — and they each have their different timetables and challenges, said Oxy CEO Stephen Chazen.
Williams Sanctions Canada Petrochem Facility
Building on a strategy to expand its petrochemicals business in Canada, Williams last week sanctioned the first propane dehydrogenation (PDH) facility in Alberta.
Dow Expands Shale-Focused Project Slate
Continuing its strategy to take advantage of cheap U.S. natural gas and natural gas liquids, The Dow Chemical Co. plans to build several specialty material production units for its performance plastics franchise on the U.S. Gulf Coast, the company said last week. The plan further connects Dow’s U.S. manufacturing operations with cost-advantaged feedstocks available from shale gas.
Williams Pulls Trigger to Build Alberta PDH Facility
Building on a strategy to expand its petrochemicals business in Canada, Williams on Monday sanctioned the first propane dehydrogenation (PDH) facility in Alberta.
Dow Continuing Projects to Capitalize on Cheap U.S. Gas
Continuing its strategy to take advantage of cheap U.S. natural gas and natural gas liquids, The Dow Chemical Co. plans to build several specialty material production units for its performance plastics franchise on the U.S. Gulf Coast, the company said Monday.