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