Centrica Taking Bet on UK’s Shale Gas Resources

The UK’s leading energy retailer, Centrica, is taking a bet that shale gas resources in the country’s Bowland Basin are the real deal after making a hefty commitment in explorer Cuadrilla Resources Ltd.

June 14, 2013

U.S. Interior Secretary Nominee is a Former Fracker

President Obama’s nominee for Interior secretary, Sally Jewell, former CEO of Recreational Equipment Inc. (REI), told a Senate panel Thursday that she can do something that probably no other department nominee could: hydraulically fracture (frack) a well.

March 8, 2013

‘Human Experience Factor’ Playing Big Role in Drilling Efficiencies

U.S. onshore horizontal drilling has improved steadily across every category, in part because of improvements in technology, but the “human experience factor” appears to be playing a substantial role as well in moving well times and depth curves to the left, according to an analysis by Tudor, Pickering, Holt & Co. (TPH).

January 23, 2013

Tradition Secures Midstream Financing

Tradition Midstream LLC said it has secured $100 million in equity financing to develop infrastructure across North America, with an initial focus on unconventional plays in Texas, Oklahoma and Louisiana.

January 11, 2013

Gulfport, Seneca Announce Encouraging Utica Shale Results

In separate announcements, Gulfport Energy Corp. and Seneca Resources Corp. reported that they are achieving encouraging production results from some of the first horizontal wells drilled in the Utica Shale.

November 29, 2012

DOE Asked to Explain Criteria for Approving, Rejecting LNG Exports

Oregon Sen. Ron Wyden has sent a letter to the Department of Energy (DOE) to “understand the criteria” used to determinate whether liquefied natural gas (LNG) exports to a non-Free Trade Agreement (FTA) countries “are in the public interest.”

October 25, 2012

Obama Pushes Senate to Pass Cybersecurity Bill Before Recess

President Obama Friday called on the Senate to pass comprehensive legislation aimed at protecting critical national infrastructure, including energy facilities, from cyber attacks prior to leaving for its August recess.

July 23, 2012

Researchers: North Carolina Should Weigh Drilling, Fracking Risks

Lawmakers in North Carolina should consider several health and environmental measures as they weigh the legalization of horizontal drilling and hydraulic fracturing (fracking) in their state, researchers at Duke University said in a new report.

November 22, 2011

Bakken Shale Pushing North Dakota Oil Production Higher

Riding the Bakken shale rush, North Dakota appears in a good position to jump up to the second biggest oil producing state in the nation behind only Texas. If the upper Midwest state achieves that status next year as expected, it would leapfrog over both Alaska and California, something that would have been unthinkable five years ago.

October 18, 2011

Hess Snaps Up More Unconventional Acreage

In two days’ time Hess Corp. has acquired stakes in almost 185,000 net acres in the Ohio portion of the Utica Shale, the latest deal adding 85,000 more acres to its prospective leasehold.

September 9, 2011
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