Aiming to expand its international unconventional resource opportunities, Houston-based exploration and production independent ConocoPhillips said Wednesday it has entered into a set of agreements with PetroChina Co. Ltd., under which PetroChina will acquire an interest in two Western Australia exploration assets and establish a joint study agreement (JSA) for unconventional resource development in China’s Sichuan Basin.
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Articles from Total
AGA: NatGas Efficiency Programs Creating Big Savings
Natural gas utilities increased their investment in gas efficiency programs to nearly $958 million in 2011, which resulted in a total savings of more than $300 million for U.S. gas customers last year, according to a report issued Wednesday by the American Gas Association (AGA).
February 7, 2013
Denbury Buys ConocoPhillips’ Cedar Creek Anticline Portfolio
ConocoPhillips is selling a package of properties in the Cedar Creek Anticline (CCA) of North Dakota and Montana to Denbury Resources Inc. for $1.05 billion cash.
January 16, 2013
Number of Ohio Utica Wells Drilled Surpasses 200
A total of 205 horizontal wells were drilled in Ohio’s Utica Shale through Jan. 5, and seven more were drilled in the state’s portion of the Marcellus Shale , according to the Ohio Department of Natural Resources (ODNR).
January 14, 2013
EIA: Marcellus Production to Boost Lower 48 Total This Year
The Energy Information Administration (EIA) expects total domestic marketed natural gas production to increase to 69.8 Bcf/d in 2013 from 69.2 Bcf/d in 2012, and to drop slightly to 69.5 Bcf/d in 2014. Growth in Lower 48 onshore production, driven largely by the Marcellus Shale and other shale plays, will continue through 2014, although it will be offset by Gulf of Mexico declines, EIA said.
January 9, 2013
Noble Energy Targeting Niobrara, Marcellus in 2013
Noble Energy Inc. announced Thursday that it plans to spend $3.9 billion on capital expenditures (capex) in 2013, almost half of which will go toward drilling horizontal wells in the Niobrara-Denver Julesburg (DJ) Basin.
December 11, 2012
U.S. Gas, Oil Infrastructure to Remain in High Demand
Demand for natural gas and oil infrastructure equipment is on track to rise 6.3% a year between now and 2016 when it will total $12.1 billion, according to a report by industry market researcher The Freedonia Group Inc.
November 26, 2012
New York Town Extends Fracking Moratorium
The Town Board of Onondaga, NY, voted Monday to extend its moratorium on hydraulic fracturing (fracking) for three months, or until the board passes an ordinance either allowing or prohibiting the practice.
November 8, 2012
New York DEC Chief: Frack Study Health Experts Not Contracted
A panel of outside experts that will help conduct a health impact analysis of high-volume hydraulic fracturing (HVHF) in New York are not yet under contract, Department of Environmental Conservation (DEC) Commissioner Joseph Martens said Friday.
October 23, 2012
Need for Constitution Pipeline Questioned Based on Alternative Marcellus Lines
The U.S. Fish and Wildlife Service (FWS) has called on FERC to consider proposed and existing natural gas pipeline projects for transporting Marcellus shale gas to New York as alternatives to the proposed Constitution Pipeline.
October 9, 2012
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