Cabot Oil & Gas Corp. announced Tuesday that its gross production in the Marcellus Shale has averaged more than 700 MMcf/d for the last two weeks, hitting a record 752 MMcf for one 24-hour period.
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Antero Hits Aquifer in West Virginia, Blows Out Abandoned Water Wells
Antero Resources disturbed an aquifer while attempting to dislodge a stuck drillbit at a new Marcellus Shale natural gas well in West Virginia’s Harrison County on Wednesday morning, causing blowouts at four abandoned private water wells.
EPA to ‘Review, Consider’ Industry Report on Methane Emissions
The Environment Protection Agency (EPA) said it would “review and consider” an industry report’s claims that the agency has significantly overestimated methane emissions from natural gas well operations, particularly from unconventional wells using hydraulic fracturing. It contends, however, that its emissions estimates are based on the best data available.
Wellinghoff: Globalization of Gas ‘Inevitable’
While this is “out of my area of expertise, I think…it’s inevitable that natural gas is going to be a world commodity, and that because of very substantial price differentials between the price in this country and the prices in Europe and Asia it will happen,” FERC Chairman Jon Wellinghoff said during a roundtable briefing with reporters last week at the agency’s headquarters in Washington, DC.
Wellinghoff: Globalization of Gas ‘Inevitable’
While this is “out of my area of expertise, I think…it’s inevitable that natural gas is going to be a world commodity, and that because of very substantial price differentials between the price in this country and the prices in Europe and Asia it will happen,” FERC Chairman Jon Wellinghoff said during a roundtable briefing with reporters at the agency’s headquarters in Washington, DC.
California Legislature Moves One Fracking Bill; Another Idle
While other proposals regarding hydraulic fracturing (fracking) stayed immobile, the California Senate Natural Resources Committee on Tuesday moved on a strictly partisan vote of 5-3 a proposed bill (SB 1054) that would require exploration and production (E&P) companies to notify surrounding property owners of their plans to employ fracking ahead of starting work. The industry is opposed to pre-notification on proprietary grounds.
Economist: Don’t Get Too Comfy, Shale Fans
“The more people think things are going to stay the same, the more surprising it will be when they change,” might be an apt revision of an old proverb for today’s shale gas industry.
Gas Bounty, Fracking Backlash Caught Some Off Guard
Skepticism of conventional wisdom is rarely out of place, particularly in the energy patch. But when the oil and gas industry is dealing with consumers, citizens and landowners, sincerity is the order of the day.
Economist: Don’t Get Too Comfy, Shale Fans
“The more people think things are going to stay the same, the more surprising it will be when they change,” might be an apt revision of an old proverb for today’s shale gas industry.
House Republicans, Salazar Square Off Over Fracking
Hydraulic fracturing (fracking) took center stage at a House hearing Wednesday on the fiscal year (FY) 2013 Interior Department budget, with Secretary Ken Salazar saying that he hopes that federal government research into the shale gas practice will end “a lot of the hysteria” surrounding the drilling practice.