Where

Producers active in Louisiana — where they enjoy an exemption from state severance taxes on horizontal well production — are increasingly eschewing conventional drilling to take advantage of the tax break, and that’s showing up in state revenue figures, according to a recent forecast from the state’s Legislative Fiscal Office. However, industry advocates advise: look at all the other taxes producers are paying.

Western Energy Alliance’s (WEA) board of directors has selected Tim Wigley to be the trade association’s new president. Wigley comes to WEA from PAC/WEST, where he managed the firm’s Washington, DC, operations. From 1998-2002 Wigley served as president of the Oregon Forest Industries Council, an organization dedicated to protecting and promoting the interests of industrial forestland owners. WEA represents 400 companies engaged in all aspects of environmentally responsible exploration and production of oil and natural gas in the West.

Western Energy Alliance’s (WEA) board of directors has selected Tim Wigley to be the trade association’s new president. Wigley comes to WEA from PAC/WEST, where he managed the firm’s Washington, DC, operations. From 1998-2002, he served as president of the Oregon Forest Industries Council, an organization dedicated to protecting and promoting the interests of industrial forestland owners. WEA represents 400 companies engaged in all aspects of environmentally responsible exploration and production of oil and natural gas in the West.

Producers active in Louisiana — where they enjoy an exemption from state severance taxes on production from horizontal wells — are increasingly eschewing conventional drilling to take advantage of the tax break, and that’s showing up in state revenue figures, according to a recent forecast from the state’s Legislative Fiscal Office. However, industry advocates advise: look at all the other taxes producers are paying.

Cabot Oil & Gas Corp. closed out 2011 averaging 600 MMcf/d from the Marcellus Shale, including one day where the Houston company produced a record 606 MMcf.

Comstock Resources Inc. has established a new core area in the Delaware Basin in West Texas, agreeing to pay Eagle Oil & Gas Co. $332.7 million for approximately 68,000 gross (44,000 net) acres in Reeves County, TX, the Frisco, TX-based company said. The deal is expected to close by the end of this month.

The Colorado Oil and Gas Conservation Commission (COGCC) is scheduled to consider a set of new rules on the disclosure of chemicals used in hydraulic fracturing (fracking) early next month, but the debate is already picking up steam regarding proposed exemptions for trade secret chemicals.

For years executives in the liquefied natural gas (LNG) industry have dreamed of fungibility, of market liquidity for LNG where tankers function as a sort of “movable pipeline.” But when will that happen?

For years executives in the liquefied natural gas (LNG) industry have dreamed of fungibility, of market liquidity for LNG where tankers function as a sort of “movable pipeline.” But when will that happen?