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.
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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.
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.
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.
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.
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.
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.
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.
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).
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.