Terms

Texas Offshore Focus of Western GOM Lease Sale in August

More than 21 million acres offshore Texas, all available unleased areas in the Western Gulf of Mexico (GOM) Planning Area, are to be offered in a federal oil and natural gas lease sale in August.

March 3, 2015

Ohio Water District Agrees to Sell More Water to Antero

The Muskingum Watershed Conservancy District (MWCD) has agreed to sell more water to Antero Resources for oil and gas drilling in the Utica Shale.

July 23, 2013

U.S. Records Fastest-Ever Oil Growth, Says BP

The United States claimed the title in 2012 for the leading production growth for not only natural gas but also oil, boosted by its considerable unconventional stores, according to BP plc’s annual benchmark of global energy resources.

June 13, 2013

Ohio Water District Sells More Water to Gulfport, Enacts New Policy

The Muskingum Watershed Conservancy District (MWCD) has agreed to sell more water to Gulfport Energy Corp. for Utica Shale drilling activities, as it adopts a new short-term water sales policy and partners with the U.S. Geological Survey to study the impact of future water withdrawals.

May 22, 2013
Chesapeake Taps Anadarko Veteran to Succeed McClendon

Chesapeake Taps Anadarko Veteran to Succeed McClendon

Robert Douglas Lawler, 46, one of Anadarko Petroleum Corp.’s top exploration and production (E&P) executives, on Monday was named the new CEO of Chesapeake Energy Corp.

May 21, 2013

U.S.-Mexico GOM Boundary Pact Clears House Panel

The House Natural Resources Committee Wednesday voted out legislation to approve and implement the terms of the U.S.-Mexico transboundary hydrocarbons agreement that governs the development of shared oil and gas resources along the countries’ maritime boundary in the Gulf of Mexico (GOM).

May 17, 2013

Jewell: Interior to Issue Fracking Regulations ‘Very Soon’

The Interior Department is “very close” to releasing rules governing the use of hydraulic fracturing (fracking) of oil and natural gas wells located on public lands, Secretary Sally Jewell said Tuesday in her first appearance before Congress.

May 8, 2013

WPX Gas Discovery in Piceance Could ‘More Than Double’ 3P Reserves

With an average production rate of almost 10 MMcf/d in the first quarter, a discovery well in the Piceance Basin may produce in the first few months what a typical well in the Niobrara formation has done over 25 to 30 years, WPX energy CEO Ralph Hill said Thursday.

May 6, 2013

Royale Touts JV for Alaska North Slope Shale Acreage

Royale Energy Inc. said Wednesday it struck a $43 million joint venture (JV) agreement with an unnamed company to fund exploration costs on its Alaska North Slope acreage.

April 12, 2013

Gastar Buys Oklahoma Acreage, Repurchases Stock from Chesapeake

Gastar Exploration Ltd. announced a three-way deal with Chesapeake Energy Corp. on Monday, in which Gastar purchased proven reserves in the prospective Hunton Limestone formation in Oklahoma, as well as close to 10% of its common stock. The companies also agreed to settle outstanding litigation.

April 2, 2013
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