Florida’s highest court has overturned a decision by state regulators to allow Florida Power & Light Co. (FPL) to charge ratepayers for costs related to its investment in upstream development in Oklahoma’s Woodford Shale.
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Articles from Woodford
White Star Doubles Down in Northern Oklahoma in $200M Deal with Devon
Devon Energy Corp. is taking $200 million for a package of Mississippian Lime/Woodford Shale assets in a sale to White Star Petroleum LLC, the newly renamed American Energy-Woodford LLC business founded by the late Aubrey McClendon.
White Star Doubles Down in Northern Oklahoma in $200M Deal with Devon
Devon Energy Corp. is taking $200 million for a package of Mississippian Lime/Woodford Shale assets in a sale to White Star Petroleum LLC, the newly renamed American Energy-Woodford LLC business founded by the late Aubrey McClendon.
Unconventional Rig Count Reverses, Inches Higher
Rig count data for the 14 unconventional oil and natural gas basins tracked by Baker Hughes Inc. showed that rig movement for the week ending June 19 was flat at 650, while NGI's assessment of eight additional basins from Baker Hughes data showed a week-over-week increase of four rigs to 60.
Unconventional Rig Count Reverses, Inches Higher
Rig count data for the 14 unconventional oil and natural gas basins tracked by Baker Hughes Inc. showed that rig movement for the week ending June 19 was flat at 650, while NGI’s assessment of eight additional basins from Baker Hughes data showed a week-over-week increase of four rigs to 60.
Oklahoma Drawing Prospectors to Stacked Woodford, Mississippian
An ancient geologic play is drawing new prospectors saddled with state-of-the-art technology into the Anadarko Basin of Oklahoma, where an Aubrey McClendon affiliate this week nabbed about 120,000 net acres and 6,000 net boe/d in a combination stacked play of the Woodford Shale/Mississippian Lime.
Newfield’s Oklahoma Oil Play a ‘Stack’ of Opportunities
A new multi-horizon oil play it has discovered in the Anadarko Basin offers wells with estimated ultimate recoveries (EUR) of 800,000-1 million boe, said Newfield Exploration Co., which has named the Oklahoma play STACK.
Texas Eastern Offering ‘All of the Above’ Shale Access to Louisiana
Spectra Energy Transmission’s Texas Eastern Transmission announced an expansion to serve industrial markets in South Louisiana by Spring 2015 with shale gas supplies from multiple basins. An open season runs through Sept. 27.
Chevron, Cimarex Expand Delaware Basin Opportunities
Chevron Corp. will gain access to some needed infrastructure to develop a portion of its one million-acre leasehold in the Permian Basin in West Texas, and Cimarex Energy Co. will have expanded opportunities in a key Texas county under a joint agreement.
U.S. NatGas Rig Count Won’t Top 450 This Year, Says Analyst
The recent surge in natural gas prices may have provoked some optimism in the energy sector, but it’s not enough to encourage more drilling, according to Barclays Capital, which expects the rig count to not surpass 450 this year.