West Virginia Court Clarifies ‘Surface’ Definition

West Virginia’s legal system continues to struggle with surface rights issues, with the state’s Supreme Court of Appeals finding recently that the term “surface” means just what it says and does not include underground resources.

June 26, 2013

McMoRan Exploration Results ‘Positive’ — Davy Jones Still Blocked

Despite an ongoing struggle to clear a blockage on its Davy Jones prospect, considered one of the biggest natural gas discoveries in the Gulf of Mexico’s shallow waters, McMoRan Exploration Co.’s exploration results “remain positive,” the New Orleans-based producer said.

April 19, 2012

Pennsylvania Governments Split on Impact Fee

A pair of votes last week highlighted the struggle Pennsylvania’s local governments are having with a new regulatory package of shale development.

April 9, 2012

Pittsburgh, Allegheny County Split on Impact Fee

A pair of votes Tuesday highlighted the struggle Pennsylvania’s local governments are having with a new regulatory package of shale development.

April 9, 2012

Supply Glut Turning Marcellus Into ‘Giant Gas Storage Field’

What would you call a lot of natural gas, ready at a moment’s notice? Some might call it a storage facility. Others might call it the Marcellus Shale.

March 26, 2012

Futures Ignore Big Stock Market Drop; April Down Slightly

April natural gas futures drifted lower Wednesday in uninspired activity as traders monitored what seemed to be an ongoing struggle for the April contract to settle above $4.

March 17, 2011

SM Energy Homing In On Eagle Ford Shale

SM Energy Co. said it plans to spend $1.04 billion next year, $830 million of that on drilling, mostly in the Eagle Ford Shale and the Bakken/Three Forks in the Williston Basin. The company’s putting its money in “all the right places,” according to an analyst at Tudor, Pickering, Holt & Co. Securities Inc.

December 27, 2010

Coal-Dependent Utah Assesses Climate Change Warily

Utah and PacifiCorp’s Rocky Mountain Power utility struggle with climate change pressures that bump up against the state’s cheap source of electricity from abundant coal-fired generation. The utility thinks there is room to accommodate both, and state officials have not proposed new restrictions on existing generators.

August 2, 2010

Judge Refuses to Stay Decision Enjoining Moratorium

In a classic David vs. Goliath struggle, small oil service companies in Louisiana last week won the first two rounds of the court battle over the enforcement of the Obama administration’s six-month moratorium on deepwater drilling in the Gulf of Mexico (GOM). But while the Interior Department may have been defeated, the fight is far from over.

June 28, 2010

SEC Reserve Revisions Begin Impacting E&P Reports

The updated reserves reporting rules enacted by the Securities and Exchange Commission (SEC) for U.S. exploration and production (E&P) companies may prove a struggle for independents in choosing whether to be aggressive with their bookings versus a more conservative approach, particularly when booking proved undeveloped (PUD) locations, analysts said Thursday.

January 25, 2010
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