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Goodrich Gathering Pace in the TMS

Goodrich Gathering Pace in the TMS

Goodrich Petroleum Corp. is gaining momentum in the Tuscaloosa Marine Shale (TMS) of Louisiana and Mississippi. TMS well results released Monday garnered enthusiastic notes from analysts, who wrote that better things are likely to come.

April 14, 2014

With Production Rising, Antero Gets Pragmatic With More Takeaway; Lower Utica EURs

Pure-play Appalachian operator Antero Resources Corp. on Monday announced several significant additions to its firm transportation portfolio and midstream infrastructure that have its forward-looking basis differentials improving and its skyrocketing production heading in more directions.

April 14, 2014

Eagle Ford Emissions Seen Rising With Development

Emissions of nitrogen oxides (NOx) and volatile organic compounds (VOC) in the Eagle Ford Shale region could increase sharply in the coming years as development ramps up, according to a recently released study.

April 14, 2014

Transco Seeking Capacity Turnbacks for Atlantic Sunrise Project

Transcontinental Gas Pipe Line Company LLC (Transco) is seeking offers from shippers to relinquish firm capacity on its system to support the proposed Atlantic Sunrise Project, which is intended to serve Marcellus Shale production.

April 11, 2014

Gastar Production Resumes at Reduced Rate After WV Pipeline Rupture

Gastar Exploration Inc. said late Thursday that its Marcellus Shale production in Marshall County, WV, was flowing again, albeit at a reduced rate, after a gathering pipeline ruptured and caught fire in the area on April 5, shutting its wells in for four and a half days (see Shale Daily, April 7).

April 11, 2014

CSU Forecasters Expect Below-Average Tropical Storm Activity This Year

An El Nino event — the warming of water temperatures in the central and equatorial Pacific Ocean — is likely to limit the number of hurricanes that form in the Atlantic Basin this year, according to forecasters at Colorado State University (CSU), more good news for the U.S. natural gas industry, which is increasingly insulated from the impact of tropical storms.

April 11, 2014

NY Health Commissioner, Figure in Frack Debate, Reportedly Resigning

Nirav Shah — commissioner of the New York Department of Health (DOH) and a figure at the center of the debate over whether to allow high-volume hydraulic fracturing (HVHF) in the state — is planning to resign his post next month for a new job in California.

April 11, 2014
Canadian Producers Beating Back U.S. Imports

Canadian Producers Beating Back U.S. Imports

Rising shale gas supplies from the eastern United States took Ontario and Quebec by storm before a pipeline toll overhaul put domestic Canadian production back into contention to keep at least part of its former market share with mainstay natural gas customers.

April 11, 2014

Chevron Faces Violations for Refusing DEP Access to Site of PA Well Fire, Other Failures

The Pennsylvania Department of Environmental Protection (DEP) has sent Chevron Appalachia LLC notice of nine violations stemming from an explosion and fire at a well site in Greene County, PA, that left one worker dead and another injured in February (see Shale Daily, Feb. 11).

April 11, 2014

Chesapeake Laying Groundwork for ‘Meaningful’ Improvement, Says Moody’s

Chesapeake Energy Corp.’s decision to launch a record $3 billion bond offering to help refinance debt drew positive remarks from two of the largest credit ratings agencies.

April 11, 2014