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The Muskingum Watershed Conservancy District (MWCD) says it will consider short-term water sales from two lakes in eastern Ohio to oil and natural gas operators drilling in the Marcellus and Utica shales.

If there is a “bet-the-farm” opportunity in natural gas infrastructure, it lies in the potential production growth in the Utica and Marcellus shale formations, according to Mark McGettrick, CFO of Dominion Resources in Virginia.

Eagle Ford Oil & Gas Corp. has been watching the producer activity around its more than 3,600 acres in Frio County, TX, and is working to raise capital by the end of the year to start drilling some wells of its own, the company said Wednesday.

Former Pennsylvania Gov. Ed Rendell told attendees of a Philadelphia clean energy conference that he believes hydraulic fracturing (fracking) can be done safely, but added that he supports the de facto moratorium on drilling in the Delaware River Basin and would even back a genuine one.

Noting that the cost of storage is probably three times cheaper today than five years ago, an energy trading firm executive made a pitch for a new marketing process for gas storage capacity at the LDC Gas Forum Midcontinent conference Tuesday in Chicago.

Enterprise Products Partners LP has started operation of the second 300 MMcf/d train at its Yoakum cryogenic gas processing plant in Lavaca County, TX. The facility handles production from the Eagle Ford Shale in South Texas.

The Department of Energy (DOE) on Friday said it will invest $5.6 million in more than a dozen research projects to increase understanding of the potential of methane hydrates as an energy source.

It has been around for more than 30 years, long before the state’s current oil/gas boom, but North Dakota’s six months of confidentiality provided new wells is taking on greater interest in the midst of the competitive exploration and production (E&P) push throughout the industry.

Shale natural gas produced in the Northeast will supply more than 80% of the physical gas going to New York City by 2025, according to ICF International.