The U.S. Department of Energy (DOE) apparently has come to the conclusion that U.S. shale gas is too good a thing to not share with the rest of the world in larger quantities.
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Shell, Williams Launch Marcellus Venture for Wet, Dry Natural Gas
Williams Partners LP and a unit of Royal Dutch Shell plc have partnered on an ambitious midstream venture to invest in natural gas liquids (NGL) and dry gas handling infrastructure to serve Marcellus and Utica shale operators in northwestern Pennsylvania and northeastern Ohio.
Utica Operators Would Face Many Changes Under Ohio Budget Bill
Operators of horizontal oil and natural gas wells in Ohio face a bevy of regulatory changes — including quarterly production reports, a $25,000 per well impact fee, and new testing and disposal requirements for drilling waste — under Gov. John Kasich’s biennial budget proposal.
‘Attractive Prices’ Lead Atlas to Add to Barnett Leasehold
Atlas Resource Partners LP (ARP) has picked up its third big leasehold this year in the Barnett Shale by agreeing to pay $255 million to DTE Energy Co. for an affiliate that owns close to 35 million boe of proved reserves in the Fort Worth Basin and in the Marble Falls, TX, area.
Royal Society: Fracking OK for the UK with Regulation
Operational best practices and “robustly enforced” regulation can make hydraulic fracturing (fracking) a safe practice in the United Kingdom, according to a review by the Royal Society and the Royal Academy of Engineering.
Texas Panhandle Gas Plant Explodes, No One Injured
Eagle Rock Energy Partners LP said there were no injuries or fatalities from Monday afternoon’s explosion and subsequent fire at a natural gas processing facility in the Texas Panhandle. It is investigating the incident.
No Injuries From Texas Panhandle Gas Plant Explosion
Eagle Rock Energy Partners LP said there were no injuries or fatalities from Monday afternoon’s explosion and subsequent fire at a natural gas processing facility in the Texas Panhandle, and has launched an investigation into the incident.
Investors Rally for Bargain Buy in the Barnett
Investors apparently approved of Philadelphia-based Atlas Resource Partners LP’s deal to acquire 277 Bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale from Carrizo Oil & Gas. Atlas shares closed up 32% Friday following the deal’s announcement.
Senator Wants Industry to Pay for Federal Fracking Study
The $45 million cost of a proposed study of hydraulic fracturing (fracking) to be performed by the United States Geological Survey (USGS) should be paid by the oil and gas industry, according to Sen. Al Franken (D-MN).
Colorado Report: Water for Fracking to Grow 35% by 2015
Water use for hydraulic fracturing (fracking) in Colorado is expected to grow by 35% by 2015, but it will remain a minute portion of the state’s overall water use, according to a report by a trio of state agencies, including the Colorado Oil and Gas Conservation Commission (COGCC).