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Midland, Delaware Basin Wolfcamp Outlook Seen ‘Greatly Improved’

Permian Basin-focused Energen Resources Corp., said Wednesday its first well to test the upper Wolfcamp Shale in the Midland Basin and three upper Wolfcamp wells in the Delaware Basin have shown “excellent results.”

August 1, 2013

California Recommends PG&E Pay Additional Penalty

In what would be an historically high fine, the safety staff of the California Public Utilities Commission (CPUC) last week amended its $2.25 billion penalty recommendation against or Pacific Gas and Electric Co. (PG&E) concerning the San Bruno, CA, natural gas pipeline rupture, to include a minimum of $300 million paid to the state’s general fund.

July 22, 2013

Industry ‘Concerned’ Pennsylvania Supreme Court Could Split on Act 13

There is “significant concern” among oil and gas interests that the Pennsylvania Supreme Court could deadlock in a 3-3 tie over the constitutionality of Act 13 because the high court’s newest appointee will not participate in the case challenging the law.

July 19, 2013

Midland, TX, Office Tower to Sprout from Fertile Permian Basin

The skyline of Midland, TX (pop. 114,000) has a long way to go before it can rival those of Houston or Dallas, but the rebirth of the Permian Basin has sparked plans to develop what would be the sixth-tallest building in the Lone Star State.

July 17, 2013
Magnum Hunter Multi-Well Pad to Target Utica, Marcellus

Magnum Hunter Multi-Well Pad to Target Utica, Marcellus

A multi-pad drilling project to test Marcellus and Utica formations in southern Ohio may answer some of the lingering questions about the real resource potential of the Utica/Point Pleasant Shale, an analyst said Tuesday.

July 3, 2013

Researchers Peering into Shale Pores

Gas and oil reside in the shales, but how much, and at what price, are questions researchers at the University of Oklahoma (OU) hope to answer at a new oil and gas “center of excellence.”

June 10, 2013

Researchers in Oklahoma Peering into Shale Pores

Gas and oil reside in the shales, but how much, and at what price, are questions researchers at the University of Oklahoma (OU) hope to answer at a new oil and gas “center of excellence.”

June 7, 2013

BG Group Recommits to Exploration, LNG

BG Group strategy going forward will be to run with a simplified organization while improving operations and portfolio management. Exploration is at the “heart” of what BG Group does, Group CEO Chris Finlayson said last week. But global liquefied natural gas (LNG) also is crucial to growth, he said.

May 20, 2013

BG Group Recommitting to Global Exploration, LNG

BG Group strategy going forward will be to run with a simplified organization while improving operations and portfolio management. Exploration is at the “heart” of what BG Group does, Group Chief Executive Chris Finlayson said Tuesday. But global liquefied natural gas (LNG) also is crucial to growth, he said.

May 15, 2013

WPX Piceance Gas Well Holds Big Potential

With an average production rate of almost 10 MMcf/d in the first quarter, a discovery well in the Piceance Basin may produce in the first few months what a typical well in the Niobrara formation has done over 25 to 30 years, WPX energy CEO Ralph Hill said Thursday.

May 6, 2013
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