Apache Corp. is taking no prisoners in the Permian Basin nor in the Midcontinent after building output from the combined regions by almost 24% in 2012 from 2011. The Permian and Central operations in 4Q2012 by themselves represented 25% of Apache’s total global production at 197,000 boe/d.
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Comstock Feels Transition Pains on Way to Oil
By building positions in the Eagle Ford Shale and the Permian Basin, Comstock Resources Inc. has been Texas two-stepping away from nearly all dry gas production to oil, but the dance hasn’t always been graceful, as fourth quarter results show.
Court Denies Appeals Route for Ohio Oil, Gas Well Permits
The Ohio Supreme Court ruled on Wednesday that the state Oil and Gas Commission does not have jurisdiction to hear an appeal of oil or gas well permits issued by the chief of the Division of Mineral Resources, a branch of the Ohio Department of Natural Resources (ODNR).
Appalachian Antero Posts 73% Increase to Proved Reserves
Antero Resources announced Monday that its proved reserves had increased 73% in one year by the end of 2012, while its proved, probable and possible (3P) reserves had increased 94% and its natural gas liquids (NGL) reserves increased by 170% during the same time frame, all thanks to discoveries in the Marcellus and Utica shale plays.
Colorado County Extends Drilling Permit Moratorium
Saying they needed more time to implement new oil and natural gas drilling regulations, elected officials in Boulder County, CO, have extended for four months a drilling permit moratorium to June 10.
Constitution to Propose Revised Primary Route for Marcellus Pipeline
Constitution Pipeline Co. has finalized the route it will propose for a Marcellus Pipeline in a certification application it expects to file with FERC this spring, the company said in a project update newsletter sent to landowners and other stakeholders.
Tradition Secures Midstream Financing
Tradition Midstream LLC said it has secured $100 million in equity financing to develop infrastructure across North America, with an initial focus on unconventional plays in Texas, Oklahoma and Louisiana.
EIA: Marcellus Production to Boost Lower 48 Total This Year
The Energy Information Administration (EIA) expects total domestic marketed natural gas production to increase to 69.8 Bcf/d in 2013 from 69.2 Bcf/d in 2012, and to drop slightly to 69.5 Bcf/d in 2014. Growth in Lower 48 onshore production, driven largely by the Marcellus Shale and other shale plays, will continue through 2014, although it will be offset by Gulf of Mexico declines, EIA said.
Decades-Long Alaska Gasline Effort Memorialized in E-Library
Presidents don’t get their own libraries until after they leave office; however, Alaska’s multiple proposed projects for North Slope natural gas pipelines now have a digital library, even though not one of them has been built yet.
Dominion, Caiman Partner in Utica Midstream
Dominion and Caiman Energy II LLC on Thursday said they are forming Blue Racer Midstream LLC, a $1.5 billion joint venture (JV) that would provide midstream services to natural gas producers operating in the Utica Shale in Ohio and portions of Pennsylvania.