Marcellus heavyweight EQT Corp., one of Pennsylvania’s leading producers, is in a showdown with the state Department of Environmental Protection (DEP) over a 2012 impoundment leak that finds it facing a $4.53 million fine and six separate criminal charges in Commonwealth Court.
E&P
Articles from E&P
U.S. Shale Gas Shifting World Trade Markets, Says IMF
The United States is set to join the “legion” of liquefied natural gas (LNG) exporters on the surge of production from the shale boom, setting up a significant change to global markets, the International Monetary Fund (IMF) said in its latest World Economic Outlook.
October 7, 2014
Antero Ops Still On Hold at Site of West Virginia Drill Collision
Operations at Antero Resources Corp.’s Primm Pad in Doddridge County, WV, remain at a standstill after the company inadvertently breached a producing well while drilling another there two weeks ago.
October 7, 2014
‘Sweet Spot’ Technology Could Cut Fracking 30-50%, Developer Says
An entrepreneur with roots in coalbed methane and his company are seeking collaborators to further test a technology that detects, identifies and quantifies hydrocarbons in shale oil and gas wells.
October 7, 2014
Chevron Takes Kuwait Operator as Duvernay Partner
Chevron Corp. is selling a nearly one-third stake in its Duvernay Shale project in west-central Alberta to a unit of Kuwait Foreign Petroleum Exploration Co. (KUFPEC) for $1.5 billion.
October 6, 2014
NRP Expands Bakken Holdings in Kaiser-Francis Deal
Natural Resource Partners LP (NRP) has agreed to pay Kaiser-Francis Oil Co. $340 million to increase its oil and gas holdings in the Bakken/Three Forks formation of the Williston Basin.
October 6, 2014
Pennsylvania Agency Ordered to Disclose Information About Crude Rail Shipments
The Pennsylvania Emergency Management Agency (PEMA) has been ordered to release detailed information about crude oil rail shipments throughout the state from North Dakota’s Bakken Shale after three news media organization’s requested the disclosures over the summer.
October 6, 2014
Permian Basin Carries 3Q Energy M&A Dealmaking
The third quarter proved to be a quiet period for global oil and gas merger and acquisition (M&A) transactions compared to the previous three months of this year, but 2014 continues on track for stronger spending than in 2013 on the strength of U.S. dealmaking, specifically because of the Permian Basin.
October 6, 2014
Dover Buying Texas Pumper to Expand U.S. Onshore Business
Global equipment manufacturer Dover Corp. is making a deal to buy artificial lift specialist Accelerated Cos. LLC to expand its reach in the U.S. unconventional drilling market.
October 3, 2014
WPX’s Apco Sale Called Positive for Onshore Growth
WPX Energy Inc. should be able to put more muscle into its western onshore prospects after it receives an expected $294 million following a merger of international subsidiary Apco Oil and Gas International and privately held Pluspetrol Resources Corp., analysts said Friday.
October 3, 2014
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