Three

Industry Briefs

The Senate Energy and Natural Resources Committee has scheduled three forums on natural gas issues in May. The forums, which would be held in a roundtable format “to encourage discussion and allow flexibility to find areas of agreement,” would include input from members and a variety of stakeholders, according to committee Chairman Ron Wyden (D-OR) and ranking member Lisa Murkowski (R-AK). Topics for the forums are “Infrastructure, Transportation, Research and Innovation” (May 16), “Domestic Supply and Exports” (May 21) and “Shale Development: Best Practices and Environmental Concerns” (May 23).

April 5, 2013

Industry Brief

The Senate Energy and Natural Resources Committee has scheduled three forums on natural gas issues in May. The forums, which would be held in a roundtable format “to encourage discussion and allow flexibility to find areas of agreement,” would include input from members and a variety of stakeholders, according to committee Chairman Ron Wyden (D-OR) and ranking member Lisa Murkowski (R-AK). Topics for the forums are “Infrastructure, Transportation, Research and Innovation” (May 16), “Domestic Supply and Exports” (May 21) and “Shale Development: Best Practices and Environmental Concerns” (May 23).

April 4, 2013

Gastar Buys Oklahoma Acreage, Repurchases Stock from Chesapeake

Gastar Exploration Ltd. announced a three-way deal with Chesapeake Energy Corp. on Monday, in which Gastar purchased proven reserves in the prospective Hunton Limestone formation in Oklahoma, as well as close to 10% of its common stock. The companies also agreed to settle outstanding litigation.

April 2, 2013

Chesapeake Taps COO Dixon as Interim Chief

Chesapeake Energy Corp.’s directors have tapped COO Steven C. Dixon as acting CEO and established a three-person Office of the Chairman as they continue to search for a permanent chief.

April 2, 2013
U.S. NatGas Rig Count Won’t Top 450 This Year, Says Analyst

U.S. NatGas Rig Count Won’t Top 450 This Year, Says Analyst

The recent surge in natural gas prices may have provoked some optimism in the energy sector, but it’s not enough to encourage more drilling, according to Barclays Capital, which expects the rig count to not surpass 450 this year.

April 1, 2013

WSI: Warmer than Normal Spring for East Coast

The Northeast has seen a run of colder-than-normal weather through March Madness, but the next three months should bring the region a considerable warm-up, according to forecasters at Andover, MA-based Weather Services International (WSI).

April 1, 2013

WSI Forecasts Warmer than Normal Spring for East Coast

The Northeast has seen a run of colder-than-normal weather through March Madness, but the next three months should bring the region a considerable warm-up, according to forecasters at Andover, MA-based Weather Services International (WSI).

March 27, 2013

Southern Proposes Mainline Compression Expansions

Southern Natural Gas Co. LLC has asked the Federal Energy Regulatory Commission for the green light to make modifications to three compressor stations on its mainline system: the DeArmanville Compressor Station and its Auburn and Selma stations.

March 27, 2013

Would-Be Dallas Driller to Take Fight to Council

Following a second vote by the City of Dallas Plan Commission to deny Trinity East Energy LLC permission for three drill sites within the city limits, Trinity East Energy LLC said it will seek to persuade a super-majority of the 15-member Dallas City Council to grant the permits.

March 25, 2013

North American Drilling Outlook ‘Unclear’

North American oilfield services activity in the first three months of this year has been less promising than expected, according to Schlumberger Ltd. CEO Paal Kibsgaard.

March 25, 2013