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Internal Report Finds Fault in EPA Emissions Studies

The U.S. Environmental Protection Agency (EPA) needs to improve air emissions data for the oil and natural gas production sector, according to a report issued by the agency’s Inspector General.

February 25, 2013

Ohio Water District OKs Lease, $41M Bonus With Antero

The Muskingum Watershed Conservancy District (MWCD) agreed Friday to lease more than 6,000 acres under one of the lakes it manages in eastern Ohio to Antero Resources, with a bonus payment of nearly $41 million.

February 21, 2013

Potential $500M Drilling Deal for Pittsburgh Airport Approved

In a split decision, the Allegheny County Council voted on Tuesday to accept a deal with Consol Energy Inc. for Marcellus Shale natural gas drilling rights at Pittsburgh International Airport.

February 21, 2013

Gulfport Acquires More Acreage, Working Interest in Utica

For the third time in less than three months, Gulfport Energy Corp. and Windsor Ohio LLC, an affiliate of Wexford Capital LP, have agreed to make a transaction in the Utica Shale, this time for net acreage and a higher working interest (WI).

February 12, 2013

PDC Energy Sells Assets to Focus on Utica, Wattenberg Plays

Denver-based PDC Energy Inc. has sold its Piceance and other mostly natural gas Colorado holdings to concentrate its drilling efforts in the Utica Shale in Ohio, along with Weld County’s Wattenberg field in Colorado.

February 11, 2013

Appalachian Antero Posts 73% Increase to Proved Reserves

Antero Resources announced Monday that its proved reserves had increased 73% in one year by the end of 2012, while its proved, probable and possible (3P) reserves had increased 94% and its natural gas liquids (NGL) reserves increased by 170% during the same time frame, all thanks to discoveries in the Marcellus and Utica shale plays.

January 30, 2013

IPAA: Any Climate Change Proposals Likely Regulatory

Any action to restrict greenhouse gas (GHG) emissions will primarily come at the regulatory level rather than in Congress this year, said an official with the Independent Petroleum Association of America (IPAA). The would be the best route for President Obama, who begaun his second term in office last week and indicated one focus would be on climate change.

January 28, 2013

IPAA: Obama’s Climate Change Drive Likely Through Regulators

Any action to restrict greenhouse gas (GHG) emissions will primarily come at the regulatory level rather than in Congress this year, said an official with the Independent Petroleum Association of America (IPAA). The would likely be the best route for President Obama, who started his second term Monday, to make effective climate changes.

January 23, 2013

Kinder Morgan Readies $12B Project Slate

Across the Kinder Morgan companies more than $12 billion worth of expansion projects and joint ventures (JV) have been identified. One of them, conversion of a portion of the El Paso Natural Gas Co. (EPNG) pipeline to oil service is advancing, and a natural gas pipeline opportunity is on the radar, said CEO Richard Kinder.

January 21, 2013

Kinder Morgan Companies Have $12B Project Slate

Across the Kinder Morgan Inc. companies there are more than $12 billion worth of expansion projects and joint ventures (JV) identified. One of them, conversion of a portion of the El Paso Natural Gas Co. (EPNG) pipeline to oil service is advancing, and a new gas pipeline opportunity is on the radar, said CEO Richard Kinder.

January 18, 2013