Working

The North American shales have been good to Devon Energy Corp. as evidenced by the company’s strong 3Q2010 earnings revealed this week. The Oklahoma City-based exploration and production (E&P) company said it set new quarterly production records in both its Barnett and Cana-Woodford shale plays.

With 2010 drawing to a close, Petrohawk Energy Corp. is working to put a bow on its Haynesville Shale leasehold so it can focus more attention on the natural gas liquids- (NGL) and condensate-rich Eagle Ford Shale in South Texas, company executives told financial analysts Tuesday.

Quebec is working on a plan that would allow it to develop its portion of the Old Harry formation in the Laurentian Channel, which some experts consider one of the largest untapped natural gas and oil reservoirs in Eastern Canada’s offshore.

Quebec is working on a plan that would allow it to develop its portion of the Old Harry formation in the Laurentian Channel, which may be one of the largest untapped natural gas and oil reservoirs in Eastern Canada’s offshore.

The Commodity Futures Trading Commission (CFTC) is working “very closely” with international regulators to ensure that financial reforms that are implemented in the United States are consistent with those in foreign markets, said Chairman Gary Gensler.

Halliburton Inc. is working with several key customers that operate in North American natural gas basins by moderating prices and committing to not move equipment to “chase higher pricing” in more oily and liquids-rich plays, CEO Dave Lesar said last week.

Halliburton Inc. is working with several of its key customers that operate in North America’s natural gas basins by moderating prices and committing to not move equipment to “chase higher pricing” in more oily and liquids-rich plays, CEO Dave Lesar said Monday.

Pacific Gas and Electric Co. (PG&E) officials late Friday were working with federal and state emergency crews to finish combing the still smoldering remains of a natural gas pipeline explosion Thursday afternoon that killed at least four people, wounded dozens and decimated blocks of homes in the San Francisco suburb of San Bruno.

Marketers were working overtime in the second quarter, according to NGI’s 2Q2010 Top North American Gas Marketers Ranking, which found that the 22 reporting marketers that also participated in the 2Q2009 survey transacted 126.55 Bcf/d in 2Q2010, an increase of 6.2% compared with the 119.17 Bcf/d they reported in the year-ago period.