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ConocoPhillips U.S. Unconventionals Trio Delivers 42% Output Increase

ConocoPhillips U.S. Unconventionals Trio Delivers 42% Output Increase

ConocoPhillips leaseholds in the Eagle Ford and Bakken shales, along with the Permian Basin, together boosted their year/year output by 42% in the first quarter, management said Thursday.

April 29, 2013

Citi: NatGas Taking Share from Oil in Multiple Markets

Global oil demand growth will hit a wall sooner than many think, thanks in part to expanding substitution of natural gas for oil in multiple applications worldwide, said analysts at Citi Research, a unit of Citigroup Global Markets Inc.

April 1, 2013

Citi: NatGas Gaining on Oil

Global oil demand growth will hit a wall sooner than many think, thanks in part to expanding substitution of natural gas for oil in multiple applications worldwide, said analysts at Citi Research, a unit of Citigroup Global Markets Inc.

April 1, 2013
North Dakota Production Drops; More Declines Coming?

North Dakota Production Drops; More Declines Coming?

In a reversal not seen for a number of months, North Dakota oil/natural gas officials on Friday reported a decline in month-over-month production for both oil and gas in January, and some of the sour weather conditions attributed to the drop may keep production down well into May, according to Lynn Helms, director of the state Department of Mineral Resources (DMR).

March 18, 2013

In Asia, More LNG Demand Seen in Southeast

Southeast Asian markets are growing in attractiveness to would-be liquefied natural gas (LNG) suppliers while India might not offer all that some would think, a Wood Mackenzie analyst said.

February 22, 2013

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).

February 4, 2013

Maryland State Senator: Fracking Won’t Occur Anytime Soon

Indications from a meeting on Monday of the Marcellus Shale Safe Drilling Initiative Advisory Commission in Annapolis are that Maryland will continue to chart a cautious course for the exploitation of its unconventional energy resources, said commission member and Republican State Sen. George Edwards, who represents three counties in western Maryland.

January 10, 2013

API: USGS Results in Pavillion Cast Doubt on EPA Water Tests

Results from recent U.S. Geologic Survey (USGS) water quality testing in U.S. Environmental Protection Agency (EPA) monitoring wells in Pavillion, WY, “raise serious questions about the adequacy of EPA practices in drilling monitoring wells and testing water samples,” said Erik Milito, American Petroleum Institute (API) upstream director.

October 22, 2012
Kinder ‘Thinking About’ Moving Permian Oil West on El Paso

Kinder ‘Thinking About’ Moving Permian Oil West on El Paso

With oil production booming in the Permian Basin of West Texas, projects are being developed to serve producers wanting to get their oil to Houston. But going west on a converted portion of Kinder Morgan’s El Paso Natural Gas (EPNG) system could one day be an option, too.

October 19, 2012

Policy Analyst Assails Higher Oil, Gas Severance Taxes in Ohio

A policy analyst for a conservative think tank in Ohio blasted Gov. John Kasich’s plans to levy new severance taxes for natural gas, accused the Obama administration of waging a “war on coal” that hurts the state and urged legislators to repeal renewable energy requirements.

October 4, 2012