Wells

Having enjoyed success in the Haynesville Shale in DeSoto Parish, LA, Houston-based Mainland Resources Inc. heard a call to go east — to Mississippi, where as it turns out the Haynesville “expands significantly,” CEO Nicholas Atencio told NGI’s Shale Daily.

A lack of capacity to carry Marcellus Shale gas to New York City (NYC) along the eastern Pennsylvania border remains unresolved and will lead to a glut of supply in 2011, said Societe Generale energy analysts.

Enterprise Products Partners LP has struck 10-year agreements to handle “a substantial portion” of Chesapeake Energy Corp.’s liquids-rich gas production in the Eagle Ford Shale in South Texas.

A signature from outgoing New York Gov. David Paterson is all that is required for a temporary ban on hydraulic fracturing (fracking) to become effective in the Empire State following the New York State Assembly’s approval of the measure on Monday.

Houston’s Cabot Oil & Gas Corp., which now is focused on shale exploration, said Tuesday it sold its remaining investment in Canada for $61.3 million.

Given the difference in prices for natural gas liquids (NGL) and dry gas, NGL content in the Eagle Ford Shale “makes for a much more pleasant experience” for producers there, Kinder Morgan Energy Partners LP (KMP) Chief Rich Kinder told financial analysts Wednesday. And burgeoning activity in the South Texas play has filled up a KMP midstream project there.

Cabot Oil & Gas Corp. is seeking a joint venture (JV) partner to develop its Haynesville and Mid-Bossier Shale leasehold in San Augustine, Nacogdoches and Sabine counties in East Texas. And East Texas Oil & Gas LLC (ETOG) is offering an East Texas JV opportunity in Leon, Madison, Brazos and Robertson counties.

More than half of the natural gas drillers operating in the Marcellus Shale missed the deadline to report the production levels of their wells, which is a violation of state law, according to a Pennsylvania Department of Environmental Protection (DEP) announcement Friday.

More than half of the natural gas drillers operating in the Marcellus Shale missed the deadline to report the production levels of their wells, which is a violation of state law, according to a Pennsylvania Department of Environmental Protection (DEP) announcement Friday.