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ExxonMobil Plans Record E&P Spending

ExxonMobil Corp. on Wednesday announced plans to invest close to $190 billion over the next five years to more than double exploration acreage in proven and emerging oil-rich areas to boost underperforming output and earnings.

March 8, 2013

Eagle Ford-Focused Rosetta Set Production Record Last Year

The Eagle Ford Shale continued to drive results for Houston-based Rosetta Resources Inc. last year, leading the company to record production, reserves and cash flow.

February 28, 2013

FERC Extends Comments on Quarterly Gas Reporting

FERC has extended until Feb. 12 the deadline for comments on its notice of inquiry (NOI) on whether to require quarterly reporting of jurisdictional next-day and next-month transactions under the Natural Gas Act in order to increase transparency in the wholesale natural gas market.

February 4, 2013

Pennsylvania Revamps NatGas Air Permits, Proposes Enviro Controls

Pennsylvania’s Department of Environmental Protection (DEP) has finalized revisions to general permits for natural gas-fired engines and equipment at compressor stations, which are “75-90%” stricter than current limits for the largest, most common types of engines used at compressor stations. DEP also is suggesting revisions to one section of the air quality permit exemption list governing well drilling sites.

February 4, 2013

FERC Extends Comment Deadline on Quarterly Gas Reporting NOI

FERC has extended until Feb. 12 the deadline for comments on its notice of inquiry (NOI) on whether to require quarterly reporting of jurisdictional next-day and next-month transactions under the Natural Gas Act in order to increase transparency in the wholesale natural gas market.

January 30, 2013

Analysts: Ethane Surplus Could Last Through 2016

The Marcellus Shale, among other regions, could see persistent ethane rejection until the market comes back into balance, according to analysts at Raymond James & Associates Inc.

January 29, 2013

Decades-Long Alaska Gasline Effort Memorialized in E-Library

Presidents don’t get their own libraries until after they leave office; however, Alaska’s multiple proposed projects for North Slope natural gas pipelines now have a digital library, even though not one of them has been built yet.

January 4, 2013

Raymond James: 2013 Natural Gas Prices Hinge on Coal Switching

Gas-to-coal switching, which has drained some of the excess domestic gas stores, will tell the tale about 2013 natural gas prices, with gas expected to continue to gain in the first six months, while coal regains some of its losses in the second half of the year, according to Raymond James & Associates Inc.

November 6, 2012
Chesapeake Still ‘Battling Natural Gas Headwinds,’ Says McClendon

Chesapeake Still ‘Battling Natural Gas Headwinds,’ Says McClendon

Chesapeake Energy Corp. can see some daylight following the deluge of U.S. natural gas, but it won’t be until the end of the year that the producer is able to report a decline in domestic output, CEO Aubrey McClendon said Friday.

November 5, 2012

API: USGS Results in Pavillion Cast Doubt on EPA Water Tests

Results from recent U.S. Geologic Survey (USGS) water quality testing in U.S. Environmental Protection Agency (EPA) monitoring wells in Pavillion, WY, “raise serious questions about the adequacy of EPA practices in drilling monitoring wells and testing water samples,” said Erik Milito, American Petroleum Institute (API) upstream director.

October 22, 2012