Chevron Corp. is buying another 228,000 net acres in the Marcellus Shale from privately held Chief Oil & Gas LLC and Tug Hill Inc. for an undisclosed amount, which when completed would give the oil major an estimated 5 Tcf of additional natural gas resources in the hot shale play.
Units
Articles from Units
Tennessee Cleared to Export Marcellus Gas over Border Facilities
Tennessee Gas Pipeline received regulatory approval Monday to use its facilities to export Marcellus Shale gas through its facilities at the U.S.-Canada border.
Chesapeake Taking More Midstream Services
MarkWest Liberty Midstream & Resources LLC has signed up units of Chesapeake Energy Corp. for additional midstream services in the Marcellus Shale in northern West Virginia, the partnership said Wednesday.
Lawsuits Claim Barnett Water Contamination
Two lawsuits filed in Dallas last Wednesday allege that units of Devon Energy Corp., Encana Corp. and Chesapeake Energy Corp. contaminated water wells in the Barnett Shale with hydraulic fracturing and the storage of drilling waste.
Water Contamination Alleged in Two Barnett Shale Lawsuits
Two lawsuits were filed in Dallas Wednesday alleging that units of Devon Energy Corp., Encana Corp. and Chesapeake Energy Corp. contaminated water wells in the Barnett Shale with hydraulic fracturing and the storage of drilling waste.
Royalty Underpayment Alleged in Barnett Shale
A Barnett Shale landowner is suing units of Chesapeake Energy Corp. alleging underpayment of royalties via a scheme involving gas sales to an affiliate at less than full value. The lawsuit seeks class action status.
West Virginia Midstream Complex Ramps Up
Units of NiSource Gas Transmission & Storage (NGT&S) and MarkWest Energy Partners LP last week launched operations at a natural gas processing complex in Majorsville, WV, to serve Marcellus Shale production in the northern part of the state.
NiSource, MarkWest Units Launch West Virginia Gas Processing Complex
Units of NiSource Gas Transmission & Storage (NGT&S) and MarkWest Energy Partners LP have launched operations at a natural gas processing complex in Majorsville, WV, to serve Marcellus Shale production in the northern part of the state.
ExxonMobil Says Underreported Gas Royalties Unintentional
Units of ExxonMobil Corp. have been ordered to pay the United States $32.2 million to resolve claims that they violated the False Claims Act by knowingly underpaying royalties owed on natural gas produced from federal and American Indian leases, the U.S. Justice Department announced last week. For its part, ExxonMobil acknowledged the settlement, which occurred two years ago, but vehemently denied the Justice Department’s claims that it deliberately underpaid royalties.
ExxonMobil Subsidiaries to Pay $32.2M in Underpaid Royalties
U.S. Justice Department says lease payments for operations on federal and American Indian lands were light for a 10-year period.