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IEA: Shales Driving U.S. to Production Growth World Leader

The International Energy Agency (IEA) said U.S. gas production could reach 797 billion cubic meters (bcm) (28.14 Tcf) by 2018, 17% higher than last year’s total of 681 bcm (24.05 Tcf), which was a 5% increase over 2011. That’s thanks to shale gas. Other countries have it, but they won’t be getting at it for some time, and that fact will keep the United States among the leading natural gas producers.

June 21, 2013

Bakken Well Spacing Key, Says MDU CEO

How to space wells in the Bakken Shale remains the “question of the day” for exploration production (E&P) operators working in the play, according to the CEO of Bismarck, ND-based MDU Resources Group Inc.

May 3, 2013

FERC Steps Out of Hawaiian LNG Project Regulation

The Gas Co. LLC’s (TGC) plans to operate facilities in Hawaii to receive liquefied natural gas (LNG) sourced from natural gas produced in the continental U.S. do not include “an LNG terminal as envisioned under NGA [the Natural Gas Act]” and therefore do not require FERC authorization, the Commission said Thursday.

January 21, 2013

FERC Steps Out of Hawaiian LNG Project Regulation

The Gas Co. LLC’s (TGC) plans to operate facilities in Hawaii to receive liquefied natural gas (LNG) sourced from natural gas produced in the continental U.S. do not include “an LNG terminal as envisioned under NGA [the Natural Gas Act]” and therefore do not require FERC authorization, the Commission said Thursday.

January 18, 2013
Warren’s Atlantic Rim Acquisition Adds 18.3 Bcf of Proved Reserves

Warren’s Atlantic Rim Acquisition Adds 18.3 Bcf of Proved Reserves

Warren Resources Inc. Monday said it closed on its previously announced deal to acquire additional natural gas and midstream assets from subsidiaries of Anadarko Petroleum Corp. in the Atlantic Rim Project area in Wyoming’s Washakie Basin.

October 16, 2012

Message to BLM: Dump Fracking Rule and Start All Over

Producers, oil service companies, Native Americans and even some environmentalists agree on one point: that the Department of Interior’s Bureau of Land Management (BLM) should scrap its proposed rule overseeing hydraulic fracturing (fracking) operations on public and Indian lands and start all over again. But their reasons for requesting the do-over are entirely different.

September 17, 2012
Warren Resources Acquires Anadarko’s Atlantic Rim Assets For $21M

Warren Resources Acquires Anadarko’s Atlantic Rim Assets For $21M

Beefing up its Atlantic Rim Project area acreage in the Washakie Basin of Wyoming, which includes shallower coalbed methane (CBM) targets and the Niobrara Shale below, Warren Resources Inc. is exercising its preferential rights to acquire additional oil, natural gas and midstream assets from subsidiaries of Anadarko Petroleum Corp for approximately $21 million.

September 6, 2012

Pennsylvania Court Ruling Backs Compressor Stations

An appellate court in Pennsylvania has ruled that compressor stations fit the legal definition of “gas production” and therefore can’t be banned by localities where other aspects of natural gas production are already permitted.

May 30, 2012

Chesapeake Liabilities Deepen; Pickens Dumps Stock

Chesapeake Energy Corp. said in a regulatory filing Friday that it may have to delay some of the planned oil and natural gas asset sales this year, which could up be to $14 billion, because low natural gas prices may stretch its ability to comply with credit covenants.

May 14, 2012

Coal Mine Water Said Feasible for Shale Drilling

Abandoned coal mines in Pennsylvania may be a technically viable source of water for hydraulic fracturing (fracking) operations, but economics and regulations ultimately could decide whether operators find the solution feasible, according to a recent report by the Rand Corp.

April 20, 2012
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