Comstock Resources Inc. announced Monday that it plans to spend about $420 million on exploration and development activities in 2013, with a drilling program focused on its oil-weighted holdings in South and West Texas — in the Eagle Ford Shale and Wolfbone and Wolfcamp formations in the Permian Basin, respectively.
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Regulate Gas Glut or Industry Stagnates, Says IEA
Natural gas is on the precipice of a global “golden age,” but it could easily collapse under the weight of public opposition to drilling unless legitimate concerns are addressed, officials with the International Energy Agency (IEA) said last week.
Regulate Gas Glut or Industry Stagnates, Says IEA
Natural gas is on the precipice of a global “golden age,” but it could easily collapse under the weight of public opposition to drilling unless legitimate concerns are addressed, officials with the International Energy Agency (IEA) said Tuesday.
State Offers Cistern Systems to Pavillion, WY, Residents
Wyoming has set aside $750,000 to help fund cistern systems for Pavillion homeowners whose groundwater may have been contaminated by natural gas drilling, and affected residents will be able to take advantage of that offer, Gov. Matt Mead told reporters last Wednesday.
Barring Settlement, Macondo Trial to Begin Monday
Unless an accord was reached over the weekend, the initial multi-district litigation (MDL) trial centering on the Macondo well explosion in April 2010 is scheduled to begin Monday in New Orleans. Sources said late last week the defendants were attempting to come to terms with lawyers representing thousands of plaintiffs.
GAO: Coast Guard Falls Short in Security Inspections
The U.S.Coast Guard should make sure that annual security inspections are conducted of all Outer Continental Shelf (OCS) facilities and upgrade its database where inspection information is stored, the Governmental Accountability Office (GAO) recommended in a new report. Until then, the security of offshore facilities will be spotty at best, the agency said.
Groups May Sue EPA on Wyoming Drilling Emissions
Environmental groups have told the Environmental Protection Agency (EPA) they plan to sue the federal agency unless it quickly takes steps to invoke an ozone nonattainment designation in western Wyoming in the Upper Green River Basin, the site of natural gas drilling activity.
Groups Could Sue EPA Over Wyoming Drilling Emissions
Environmental groups have told the Environmental Protection Agency (EPA) they plan to sue the federal agency unless it quickly takes steps to invoke an ozone nonattainment designation in western Wyoming in the Upper Green River Basin, the site of natural gas drilling activity.
Cabot, Range: Court Case Impact on Leases Should Be Minimal
Two companies operating in the Marcellus Shale announced this week that they do not believe a recent ruling by the Pennsylvania Supreme Court will have an impact on their substantial leaseholds in that state’s portion of the play.
Arkansas Severance Tax Hike Proposal Moves Forward
A ballot initiative sponsored by former natural gas industry executive Sheffield Nelson to raise Arkansas’ severance tax on natural gas production has passed the muster of the state attorney general and would go before voters next year if proponents can garner enough signatures.