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.
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Articles from Three
Senate Whitepaper: Modify, Replace, or Eliminate Energy Taxes?
A compilation of suggestions the Senate Finance Committee has received for reforming taxes on the energy sector can be boiled down to three basic ideas: modify the tax code, replace it, or eliminate it outright.
Western States Study Gas-Power Grid Coordination
With the advent of more renewables and more retirement of coal-fired power plants, an almost three-decade-old coalition of energy regulators and planners from throughout the western states has authorized a study of the level of coordination among the natural gas and electrical systems in the region.
Eyes on Baker, Schlumberger, Halliburton for Direction on U.S. Land
The U.S. onshore rig count currently is “trendless,” but there’s hope for some direction in first quarter reports by three of the top domestic oilfield services providers, Schlumberger Ltd., Baker Hughes Inc. and Halliburton Co., according to Tudor, Pickering, Holt & Co. Inc. (TPH).
Producers Cautious on New Appalachian Certification Group
Three weeks after the launch of the Center for Sustainable Shale Development (CSSD) and its proposed certification process, many oil and natural gas producers are in the dark about the initiative and taking a “wait and see” approach to participating. Meanwhile, the organization is predicting that its membership will grow, but at an organic pace.
West Virginia Nears Passage of Frack Fluid Trade Secret Bill
A bill that would allow companies to classify as trade secrets chemicals and concentrations used in hydraulic fracturing (fracking) fluids passed the muster of a key committee on Tuesday, and is nearing final passage in the West Virginia Legislature.
CSSD Says Membership Will Grow Slowly, But Producers Cautious
Three weeks after the launch of the Center for Sustainable Shale Development (CSSD) and its proposed certification process, many oil and natural gas producers are in the dark about the initiative and taking a “wait and see” approach to participating.
Pennsylvania House Panel OKs Marcellus Tax Credit Bills
Lawmakers on a key committee of the Pennsylvania House of Representatives approved three “Marcellus Works” bills on Tuesday.
OSHA Investigating West Texas Oil Well Blowout
Two workers were killed and three others hospitalized Friday morning in an oil well blowout in the Bone Spring tight sands formation in West Texas, near Barstow.
One-Dozen Shale Gas Innovators Recognized by SGICC
The Ben Franklin Shale Gas Innovation & Commercialization Center (SGICC) has named a dozen finalists in its annual Shale Gas Innovation Competition, which will award a total of $75,000 to three winners to be selected next month.