When

A wide variety of outcomes are possible when contemplating the likelihood that an oil or natural gas injection well could increase the chance of seismic activity, including the possibility of not operating the well at all, according to a draft report by a U.S. Environmental Protection Agency’s (EPA) workgroup.

India’s Reliance Industries Ltd. has made multiple bets on U.S. shale gas and they’re paying off, the company said when it released its fiscal first quarter 2014 results last Friday, which included an 84% hike in U.S. shale-derived revenue from a year ago.

ExxonMobil Corp. subsidiary XTO Energy Inc. will pay a $100,000 penalty and spend an estimated $20 million on a plan to improve wastewater management practices following a settlement with federal authorities to resolve an alleged violation of the Clean Water Act related to the discharge of hydraulic fracturing wastewater at a Lycoming County, PA, facility.

The head of the Western Reserve Land Conservancy (WRLC) said the organization is not opposed to Utica Shale development and hydraulic fracturing (fracking), but wants to see the industry, landowners and other stakeholders come to an agreement over developing eastern Ohio’s portion of the play.

An Oklahoma tax break for horizontal wells enacted in 2010 is depriving the Sooner State of revenue that could beef up its rainy day fund and should be reconsidered, the state’s secretary of finance and revenue said.

Efficiencies have made the onshore rig count not as relevant a data point as it once was, but digging deeper into the data shows what types of rigs are gaining favor and why, according to Tudor, Pickering, Holt & Co. (TPH).

When the Energy Information Administration (EIA) releases its storage report on Thursday for the week ending June 14, analysts at Stephen Smith Energy Associates predict it will show natural gas storage at 2,435 Bcf, an increase of 88 Bcf from EIA’s previous report.

While a majority of Californians support curbs on hydraulic fracturing (fracking), when they are aware of the economic advantages coming from the drilling practice a majority (56%) supports its use, according to a statewide public opinion survey released last Friday.

When U.S. natural gas prices finally moved into $4.00/MMBtu territory earlier this year, there wasn’t any rush to ramp up onshore activity, but as each month passes, it’s becoming clear that a “large wave” of domestic demand is about to unfold, according to Barclays Capital.