Master integrated planning in the shale natural gas and liquids markets reduces working capital and makes the end-to-end process more consistent and predictable, according to an analysis by PwC.
Articles from Working
Eagle Ford Surge: Tens of Thousands of Jobs, Billions in Revenue
Development of oil and natural gas in the Eagle Ford Shale added more than $61 billion in total economic impact during 2012, according to a study by the Center for Community and Business Research in The University of Texas at San Antonio (UTSA) Institute for Economic Development.
Australia’s Aurora Buys More Eagle Ford Acreage
Aurora Oil & Gas Ltd. is buying a 100% operated working interest in 2,700 net acres in South Texas in the liquids-rich area of the Eagle Ford Shale for $117.5 million.
Plan In Hand, Newfield Needs to Execute, Analyst Says
Shares of Newfield Exploration Co. (NFX) have taken a beating since the company last week provided its outlook for liquids production growth and announced plans to jettison international assets in favor of U.S. plays. It’s a sign that investors have heard enough talk and are ready to see action.
MarkWest Utica Expanding Ohio Services for Rex Energy
MarkWest Utica EMG LLC has clinched an agreement with Rex Energy Corp. to expand its Utica Shale midstream infrastructure.
EIA: January Storage Down 2 Bcf Year/Year
U.S. natural gas working inventories hit a record high in November of 3.923 Tcf, but domestic inventories ended January at an estimated 2.7 Tcf, or 0.2 Tcf below January 2012 levels, the Energy Information Administration (EIA) said last week. The lower storage numbers were blamed in part on wellhead freeze-offs in several onshore basins.
Obama Seen Playing ‘Fast and Loose’ On Federal Lands Permitting Promise
President Obama was playing “fast and loose” when he claimed in his State of the Union (SOTU) address that his administration has been working to speed applications for permits to drill (APD) for energy production on federal lands, said Rep. Doc Hastings (R-WA), the chairman of the House Natural Resources Committee.
EIA: January NatGas Storage Down 2 Bcf from Year-Ago Levels
U.S. natural gas working inventories hit a record high in November of 3.923 Tcf, but domestic inventories ended January at an estimated 2.7 Tcf, or 0.2 Tcf below January 2012 levels, according to the Energy Information Administration (EIA). The lower storage numbers were blamed in part on wellhead freeze-offs in several onshore basins.
New North Dakota Flaring Law Emerges
Another proposal has emerged in the North Dakota state legislature seeking to eliminate exemptions from the state’s current one-year limit for oil production wells flaring associated natural gas.
Investors Call on E&Ps Once Again to Disclose Drilling Risks
Investor groups for the fourth year in a row are urging some of the largest natural gas and oil producers in the United States to disclose information about how the risks involved with unconventional drilling operations are managed and measured. Some explorers also have been called on to disclose fugitive emissions from natural gas transmission.