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The Delaware River Basin Commission (DRBC) will hold another public hearing over plans by XTO Energy Inc., an ExxonMobil Corp. subsidiary, to withdraw up to 250,000 gal/d of surface water from a creek in New York for natural gas wells.

Government and industry sources have grossly overstated future natural gas supplies in the United States, basing their estimates on unrealistic growth in supplies from shale gas plays, according to a report released Thursday by the San Francisco-based Post Carbon Institute, a nonprofit organization that promotes sustainability.

Expecting a rush of new pipelines to support growing Marcellus Shale production, the Pennsylvania General Assembly passed two bills this week that give state regulators more oversight over pipelines in the state.

The shale gas bonanza makes a strong case for the expanded use of commodity price management techniques, such as hedging and long-term contracts, a task force argues in a report released Monday.

While repercussions such as the bankruptcy filing of Seahawk Drilling Inc. are already being felt from the months-long de facto moratorium on Gulf of Mexico oil and natural gas drilling, the shockwaves from the U.S. government action are likely to reverberate for many years to come, even after the permitting flowrate gets back up to speed, according to a panel of drilling and well service veterans speaking at CERAWeek 2011 in Houston.

While repercussions such as the bankruptcy filing of Seahawk Drilling Inc. are already being felt from the months-long de facto moratorium on Gulf of Mexico oil and natural gas drilling, the shockwaves from the U.S. government action are likely to reverberate for many years to come, even after the permitting flowrate gets back up to speed, according to a panel of drilling and well service veterans speaking at CERAWeek 2011 in Houston.

As promised, Pennsylvania Gov. Tom Corbett did not include a severance tax on Marcellus Shale production in his first budget.

EOG Resources Inc. has such faith in its shift from a natural gas-weighted producer to one more weighted to natural gas liquids (NGL) and oil that it sees the traditional production growth yardstick almost obsolete, according to CEO Mark Papa.

EOG Resources Inc. has such faith in its shift from a natural gas-weighted producer to one more weighted to natural gas liquids (NGL) and oil that it sees the traditional production growth yardstick almost obsolete, according to CEO Mark Papa.