Tag / West



Several Oil/Gas-Related Bills Headed For Defeat in West Virginia

With just days left in West Virginia’s annual legislative session, a suite of oil and natural gas-related bills that would benefit the industry appear headed for defeat.

March 8, 2016

West Virginia Senate Passes Bill to Eliminate Some NatGas Taxes

The West Virginia state Senate has unanimously passed a bill to eliminate volumetric fees that natural gas producers pay in addition to the state’s severance tax.

February 12, 2016

West Virginia Think Tank Floats Increased NatGas Liquids Tax

A recently released report by the West Virginia Center on Budget and Policy, a liberal think tank, recommends increasing the state’s severance tax on natural gas liquids (NGL) if they are not being used to develop more in-state industries such as chemical manufacturing.

September 25, 2015

FERC Authorizes Columbia Gulf’s Cameron Access Project

FERC on Thursday authorized Columbia Gulf Transmission LLC to construct a pair of pipeline segments totaling 34 miles and a new 12,260 hp compressor station in Jefferson Davis, Cameron, and Calcasieu parishes in Louisiana.

September 17, 2015

West Virginia Crash Unlikely to Prompt Fast Action on Federal Rail Regulations

It was still unclear Tuesday exactly how much oil had spilled from a 109-car CSX Corp. train that derailed in a fiery crash on Monday in southern West Virginia, state regulators said.

February 17, 2015

West Virginia Streamlines Drilling Permits Process For Acquisitions

West Virginia Gov. Earl Ray Tomblin has signed a bill into law that will allow the simple transfer of oil and natural gas drilling permits to any company acquiring acreage in the state in a move that is expected to help save both time and money.

February 13, 2015
After Historic Production, West Virginia Waiting For Curve to Flatten

After Historic Production, West Virginia Waiting For Curve to Flatten

Oil and natural gas production increased markedly in West Virginia between 2012 and 2013, the latest year for which data is available, with shale drillers not surprisingly accounting for an overwhelming majority of the gains, according to data compiled by state regulators.

February 12, 2015
West Virginia Violations to Cost XTO Energy More Than $5M

West Virginia Violations to Cost XTO Energy More Than $5M

Federal regulators have slapped ExxonMobil Corp. subsidiary XTO Energy Inc. with a $2.3 million fine for violations of the Clean Water Act that occurred at eight sites in West Virginia beginning in 2011.

December 23, 2014

Weather Bulls Get a Treat; December Called 10 Cents Higher

December natural gas is expected to open 10 cents higher Friday morning as a shift to cooler temperatures was noted for both East and West Coast population centers. Overnight oil markets skidded.

October 31, 2014

For First Time in Decades, WV to Lease Valuable Mineral Rights Under Ohio River

The West Virginia Department of Commerce is evaluating bids from several exploration and production (E&P) companies interested in valuable mineral rights below the Ohio River in the northern part of the state.

October 3, 2014