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Devon Energy Corp.’s exit from the Gulf of Mexico last year and the recent sale of its Brazilian assets in order to focus on North American onshore drilling have begun to pay significant dividends for the Oklahoma City-based independent, including record high North American onshore production, CEO John Richels said Wednesday.

Major customers of Dominion Cove Point LNG LP (DCP) are protesting the company’s proposed tariff changes that would require them to import liquefied natural gas (LNG) by tanker to DCP’s terminal to keep the cryogenic portion of the facility cooled. They contend that DCP’s proposal would back out cheaper gas from the United States and potentially disrupt the domestic gas market. Industrial gas customers suggested that the long-term solution may be to once again deactivate the Cove Point LNG terminal in Lusby, MD.

Major customers of Dominion Cove Point LNG LP (DCP) last week protested the company’s proposed tariff changes requiring them to deliver liquefied natural gas (LNG) by tanker to its import terminal to keep the cryogenic portion of the facility cooled. They contend that DCP’s proposal would back out cheaper gas from the United States and potentially disrupt the domestic gas market. Industrial gas customers suggested that the long-term solution may be to once again deactivate the Cove Point LNG terminal in Lusby, MD.

City officials in Morgantown, WV, were scheduled to meet Tuesday night to discuss two resolutions targeting two Marcellus Shale gas wells in the city’s industrial park and take up a proposed watershed protection ordinance.

Remote monitoring of offshore oil and natural gas drilling projects is being considered by the Interior Department’s Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM), Michael Bromwich said Monday.

The North American drilling services market is tight and getting tighter, squeezed by increased activity in liquids-heavy and emerging shale oil plays, Baker Hughes Inc. CEO Chad Deaton said Tuesday.

With the onshore oil rig count “on fire,” Raymond James & Associates Inc. on Monday raised its U.S. onshore rig forecast for 2011 by 3% and initiated a 2012 forecast that is 9% higher year/year (y/y).

A new website that provides a list of chemicals used in hydraulic fracturing is already becoming popular after its launch on Monday.

Two multi-state organizations, with the help of oil and gas companies, are preparing to launch a website Monday that will provide the public with a comprehensive list of chemicals used in hydraulic fracturing.