Strategy

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.

July 2, 2013

NatGas Is Key to Colorado’s Future, Governor Says

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).

July 2, 2013
Ohio Hits Milestone with 100 Utica Wells Producing

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.

May 30, 2013

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.

May 28, 2013

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.

May 3, 2013

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.

April 29, 2013

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.

March 25, 2013

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.

March 25, 2013

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.

March 19, 2013

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.

March 19, 2013