Viable

Jordan Cove Still Viable LNG Export Project, Backers Say

While acknowledging that the global liquefied natural gas (LNG) market is hurting, the Canadian-based backers of the proposed $7.5 billion Jordan Cove LNG export project along the south-central Oregon coast said Thursday their project continues to move ahead as it awaits a final FERC approval.

March 11, 2016

Ohio’s Latest Utica Map Rolling Out in September

The Ohio Department of Natural Resources (ODNR) plans to unveil a map that outlines economically viable areas of the state’s portion of the Utica/Point Pleasant Shale by late September, which could provide oil and natural gas operators with a valuable tool to use for future exploration.

August 23, 2012

EOG’s Oil Strategy Returns Strong 2Q Earnings

EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.

August 6, 2012

EOG’s Oil Strategy Returns Strong 2Q Earnings

EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.

August 6, 2012

EOG Completes ’16 Monster Wells’ in Eagle Ford During 2Q2012

EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.

August 6, 2012

Eagle Ford Making Texas County Road Weary

The DeWitt County, TX, tax base might be bursting with Eagle Ford Shale dollars, but the South Texas county’s roads are buckling under the weight of trucks and other vehicles in the service of developing the play, a new study has found. And a county judge claims his county and others in the play are being short-changed when it comes to funds for road repair.

July 5, 2012

Coal Mine Water Said Feasible for Shale Drilling

Abandoned coal mines in Pennsylvania may be a technically viable source of water for hydraulic fracturing (fracking) operations, but economics and regulations ultimately could decide whether operators find the solution feasible, according to a recent report by the Rand Corp.

April 20, 2012

Marcellus Water Issue Overrated, Pennsylvania Official Says

Water use in Marcellus Shale drilling “may not be as big an issue as we originally thought it was,” a Pennsylvania Department of Environmental Protection (DEP) official told a natural gas forum on Capitol Hill in Washington, DC, last Wednesday.

March 21, 2011

Philadelphia Bans Marcellus Gas Supplies Pending EPA Study

Philadelphia officials on Tuesday directed the city-owned natural gas utility not to buy Marcellus Shale gas until more is known about the safety of hydraulic fracturing (hydrofracking).

January 20, 2011

Ethane Offtake Challenges Marcellus Gas, Says Study

There is, it seems, a downside to the tremendous natural gas production results in the Marcellus Shale, according to energy consultant Bentek Energy LLC.

September 13, 2010
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