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EPA Studies Correlation Between Disposal Wells, Earthquakes

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.

July 29, 2013

EPA Studies Correlation Between Disposal Wells and Earthquakes

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.

July 29, 2013

Money’s There, but E&Ps Still Shying from Natural Gas

The capital markets for U.S. exploration and production (E&P) companies “appear wide open,” with most of the available funds likely to target onshore oil instead of natural gas through 2014, Barclays Capital analysts said on Wednesday.

July 15, 2013
U.S. E&P Capital Plentiful, but Onshore Oil Still Top Target

U.S. E&P Capital Plentiful, but Onshore Oil Still Top Target

The capital markets for U.S. exploration and production (E&P) companies “appear wide open,” with most of the available funds likely to target onshore oil instead of natural gas through 2014, Barclays Capital analysts said on Wednesday.

July 12, 2013
NatGas Transactions Declined, Supply-Demand Mix Shifted in 2012

NatGas Transactions Declined, Supply-Demand Mix Shifted in 2012

Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by NGI’s Shale Daily of 2012 Form 552 buyer and seller filings with FERC.

June 4, 2013

With Flaring Forbidden, Alberta Adds Gas Processing

Despite persistent surpluses, soft prices and an industry-wide switch of drilling targets to liquids, construction is beginning on the first large new Alberta natural gas processing plant in recent industry or regulatory memory.

May 13, 2013

With Flaring Off Limits, Alberta Adds Gas Processing

Despite persistent surpluses, soft prices and an industry-wide switch of drilling targets to liquids, construction is beginning on the first large Alberta natural gas processing plant in recent industry or regulatory memory.

May 13, 2013

Encana NatGas Output Slumps, Liquids Jump

North American natural gas giant Encana Corp. saw its gas production drop 12% from a year ago, as it turned off the spigot in its wide ranging gas-rich plays. Liquids output, however, is roaring and expected to double by the end of the year.

April 29, 2013

Encana Natural Gas Output Slumps 12%

North American natural gas giant Encana Corp. saw its gas production drop 12% from a year ago, as well as its profits, as it turned off the spigot in its wide ranging gas-rich plays. A one-time hedging loss of $266 million and a nonoperating foreign exchange loss of $101 million reversed profits from a year earlier.

April 24, 2013

New Sulfur Issue Confronts Gas Gathering in Bakken

In the rush to get more gathering and processing infrastructure in place to handle currently flared Bakken Shale associated gas, some hurdles are being met by wells with heavy concentrations of sour gas, or high hydrogen sulfide (H2S) levels, according to North Dakota energy officials.

March 28, 2013
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