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Texas Energy Growth Oil-Driven for Now

Texas Energy Growth Oil-Driven for Now

The Texas Petro Index (TPI), an indicator of upstream oil and gas activity in Texas, increased modestly but steadily during the first half of the year, beginning July a scant 1.2% from matching the peak index achieved nearly five years ago, according to data released Monday. As has been the case for a while, oil production is the big story, but casinghead gas is lending support to natural gas output.

July 31, 2013

Supreme Court of Ohio Will Hear Appeal of ‘Home Rule’ Case

The Supreme Court of Ohio has agreed to hear an appeal in a case involving local ordinances, or “home rule” laws, that pits a Utica Shale driller against a Summit County municipality that had tried to shut down the driller’s operations.

June 24, 2013

Murkowski : U.S. Needs to Deal from a Position of Energy Abundance

In its reluctance to share its natural gas resources with the world, the United States is operating in a scarcity mode, which is at odds with today’s abundance, Alaska’s Sen. Lisa Murkowski said Tuesday.

June 19, 2013

Goldman Sachs Report Fires Up Anti-Oil Pipeline Forces

A research report from Goldman Sachs was touted Monday as further support for why the U.S. State Department should reject the proposed northern portion of the TransCanada Corp. multi-billion-dollar 1,700-mile Keystone XL oil pipeline stretching from Alberta Canada to the Gulf of Mexico (GOM).

June 12, 2013

NorthWestern Adds Montana Gas Reserves to Support Utility

NorthWestern Energy Corp. has increased its natural gas holdings in northern Montana’s Bear Paw Basin by acquiring some assets from Devon Energy Corp.

May 30, 2013

BLM Issues Revised Draft Fracking Rules

Calling them a common sense approach that will complement state efforts, U.S. Interior Secretary Sally Jewell and Bureau of Land Management (BLM) officials Thursday unveiled revised draft rules for hydraulic fracturing (fracking) on all federal and Indian lands. The draft rules will now go through a 30-day public comment period.

May 17, 2013

Military Jet Engines for Fracking Get Mixed Reaction

For industry and government officials in North Dakota hungry for new ways to reduce the nearly 30% of the state’s associated natural gas that is flared, it is unclear if an innovative approach from a Louisiana-based oil/gas field services firm using converted military helicopter jet engines will prove to be a panacea anytime soon.

April 10, 2013
Competition from U.S. Oil Dooms Suncor Oilsands Upgrader

Competition from U.S. Oil Dooms Suncor Oilsands Upgrader

Because of production growth in U.S. oilfields, Calgary’s Suncor Energy has thrown in the towel on the centerpiece of its long-planned, $20 billion oilsands expansion, the Voyageur Upgrader.

April 1, 2013
Ohio Judge Upholds Class Action Suit, Denies XTO Motion to Intervene

Ohio Judge Upholds Class Action Suit, Denies XTO Motion to Intervene

An Ohio judge has upheld a class action lawsuit against a Utica Shale driller, a decision that could release hundreds of landowners from undeveloped oil and natural gas lease agreements.

February 28, 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
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