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New Gas-Fueled Power Plant Set for Oregon

As part of its multi-sourced, multi-year integrated resource plan (IRP) approved by state regulators three years ago, (PGE) said Monday it has signed deals to develop a 440 MW natural gas-fired electric generation plant in Oregon, along with new wind power and electric transmission.

June 5, 2013

Halliburton, Baker See U.S., Canada Upturn

Halliburton Co. and Baker Hughes Inc. are beginning to see an upturn in U.S. and Canadian oilfield services following a tumultuous three-year period, which witnessed a six-month moratorium in the deepwater Gulf of Mexico (GOM) and a frenzied shift in onshore drilling activity from natural gas fields to liquids targets.

May 27, 2013

U.S. NatGas Exports to Mexico Predicted to Continue Higher

Natural gas exports from the United States to Mexico have doubled in the past three years and are likely to continue to grow for at least the next few years, according to an analysis by Barclays Capital.

May 27, 2013

Halliburton, Baker See Upturn in U.S., Canada

Halliburton Co. and Baker Hughes Inc. are beginning to see an upturn in U.S. and Canadian oilfield services following a tumultuous three-year period, which witnessed a six-month moratorium in the deepwater Gulf of Mexico (GOM) and a frenzied shift in onshore drilling activity from natural gas fields to liquids targets.

May 23, 2013

U.S. Exports to Mexico Predicted to Continue Higher

Exports of natural gas from the United States to Mexico have doubled in the past three years and are likely to continue to grow for at least the next few years, according to an analysis by Barclays Capital.

May 21, 2013

CSU Sets Up U.S. State Energy Legislation Tracker

The Center for the New Energy Economy (CNEE) at Colorado State University announced that it has created a new online database of energy-related state legislation pending in all 50 states, “from solar to natural gas and everything in between.”

May 16, 2013

Devon’s Permian Success Lifts U.S. Oil Output 23%

A standout performance in the Permian Basin increased oil production 23% year/year in the first three months of this year, but it’s not the only racehorse in the stable, Devon Energy Corp.’s top executive said Wednesday. Encouraging results from the emerging Mississippian Lime, for example, may provide the “next leg of growth.”

May 3, 2013
North Dakota Governor Signs Bill to Help Cut Flaring

North Dakota Governor Signs Bill to Help Cut Flaring

North Dakota Gov. Jack Dalrymple on Monday signed into law a measure (HB 1134) offering tax breaks to oil and natural gas operators as an incentive to cut flaring of associated gas at the wellhead on oil wells. HB 1134 was passed last week by the North Dakota legislature. It will be effective July 1.

May 1, 2013

U.S. Shale Drilling Investment Jumped Nearly 90% in 2011

Data just coming in from 2011 shows that investment in U.S. shale oil and gas drilling nearly doubled over 2010 levels, which vaulted shale plays to account for nearly one-quarter of all wells drilled in the United States, according to the American Petroleum Institute (API).

May 1, 2013

Oxy’s Focus on the Permian, Bakken and California

There are three major plays that have the full attention of Occidental Petroleum Corp.’s (Oxy) strategy to significantly grow its U.S. drilling operations — California, the Permian Basin and the Bakken — and they each have their different timetables and challenges, said Oxy CEO Stephen Chazen.

April 29, 2013