Texas

Industry Brief

Abraxas Petroleum Corp. has completed its first Eagle Ford Shale well in South Texas. Blue Eagle Energy LLC, a joint venture of Abraxas formed with Rock Oil Co. (formerly Blue Stone Oil & Gas LLC) last year (see Daily GPI, Aug. 30, 2010), drilled the T Bird 1H well in DeWitt County, TX, to a total depth of 19,450 feet, including a 5,700-foot lateral. The well was completed with a 15-stage fracture stimulation and recently placed online at a restricted rate approximately 75 days after spudding, according to San Antonio-based Abraxas. The well is being opened slowly to prevent formation damage and an unrestricted rate will be announced in the near future.

February 3, 2011

2010 Was a Big Year for Anadarko in the Shales

Look for Anadarko Petroleum Corp. to spend more on liquids-rich plays, such as the Eagle Ford Shale in South Texas, while Appalachia’s Marcellus Shale is the only play where the company is still drilling dry gas wells, Anadarko executives said during an earnings conference call Tuesday.

February 2, 2011

New Jersey Fires Another Salvo in War Over Spectra Project

The state of New Jersey has fired another salvo in its attempt to sink Spectra Energy’s proposal to expand its Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission pipeline systems in the Northeast.

January 24, 2011

New Jersey Fires Another Salvo in War Over Spectra Project

The state of New Jersey fired another salvo in an attempt to sink Spectra Energy’s proposal to expand its Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission pipeline systems.

January 24, 2011

Barnett Water Well Contamination Hearing Under Way in Austin

Witnesses for Range Resources Corp. took the stand Wednesday during the first day of a hearing at the Railroad Commission of Texas (RRC) in Austin, TX, to defend the company against allegations by the Environmental Protection Agency (EPA) that its drilling activities in the Barnett Shale caused the contamination of private water wells in the area. However, EPA representatives were not in attendance.

January 20, 2011

Coal Company Signs Largest Gas Lease in Lackawanna County

Laflin, PA-based coal company Silverbrook Anthracite has leased approximately 1,635 acres for Marcellus Shale gas exploration in Lackawanna County, PA, to a Texas land services firm in what county officials are calling the largest such lease ever recorded in the northeastern Pennsylvania county.

January 4, 2011

Arkansas Voters May Have Natural Gas Severance Tax Say

Former natural gas company executive and Arkansas gubernatorial candidate Sheffield Nelson has said he may push to allow the state’s voters to decide next year whether the severance tax on natural gas production should be raised to 7%, according to press reports.

January 4, 2011

LNG Exports Expected to Have ‘Quite Minimal’ Domestic Price Impact

Exports of domestically sourced liquefied natural gas (LNG) from facilities proposed for the Freeport LNG Terminal on Quintana Island in Texas would be but drops from the U.S. shale natural gas bucket, according to a consultant’s report.

January 3, 2011

New Jersey, Spectra Continue Sparring Over NJ-NY Expansion

The mayor of Jersey City, NJ, again has asked FERC to reject the expansion of its Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission interstate pipeline systems to serve the New Jersey and New York markets with natural gas from the Marcellus Shale.

January 3, 2011

New Jersey, Spectra Continue Sparring Over NJ-NY Expansion

The mayor of Jersey City, NJ, again has asked FERC to reject the expansion of its Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission interstate pipeline systems to serve the New Jersey and New York markets with natural gas from the Marcellus Shale.

December 29, 2010