Several states that produce large amounts of fossil fuels rely heavily on severance tax revenue, but Pennsylvania hasn’t received as large a revenue boost as might be expected from the wellhead fee it imposes on it’s massive Marcellus Shale production, according to the Energy Information Administration (EIA).
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New Sooner Trails Pipeline Would Serve Oklahoma’s SCOOP, Stack
Southern Star Central Corp. and a unit of NextEra Energy Inc. are offering capacity in the proposed Sooner Trails Pipeline, which would connect receipt points in multiple Oklahoma counties with interstate and intrastate natural gas pipeline markets in Bryan County, OK, and Lamar County, TX.
First Rogersville Shale Test Shows Poor Results; More Work Ahead
Cimarex Energy Co.’s first test of the Rogersville Shale appears to be a disappointment, a review of data released on Thursday by the Kentucky Division of Oil and Gas (KDOG) shows.
West Texas Water Project Advancing; Drillers Thirsty
The developer of a water supply project for West Texas is hoping that by the time his pipelines are online, commodity prices will have entered recovery mode. STW Water Process & Technologies recently bought a second brackish water lease in the Fort Stockton, TX, area to support its West Texas Water Project.
McClendon Sets Sights on First Overseas Adventure: Australia’s McArthur Basin
Aubrey McClendon, a pivotal figure in the U.S. natural gas arena for decades, is planning to take his wares across the pond for the first time, with the company he most recently founded, American Energy Partners LP (AELP), signing a letter of intent (LOI) with Armour Energy Ltd. for drilling rights in Australia’s McArthur Basin.
Good Production, Prices Concentrate in Four North Dakota Counties
The continued strong production and favorable breakeven prices for North Dakota’s Bakken Shale play are concentrated in four counties where the vast majority of the state’s greatly reduced number of drilling rigs are still operating, the latest county-by-county statistics show.
Colorado High Court Asked to Review Local Frack Ban Appeals
The Colorado Court of Appeals has asked the state’s high court to take jurisdiction over appeals of hydraulic fracturing (fracking) restrictions enacted by Longmont and Fort Collins, CO (see Shale Daily,Nov. 10, 2014).
Warren Resources Testing Its First Marcellus Wells Since Entering Play
Warren Resources Inc. said Tuesday that after two weeks on flowback, the company’s first two Marcellus Shale wells are producing at a combined rate of 17 MMcf/d.
Federal Court in New Mexico OKs Drilling in Mancos Shale; Enviros Push Back
Oil and natural gas activity in a contentious part of the Mancos Shale can continue, a federal district judge in New Mexico decreed Friday in rejecting an injunction request from Navajo and environmental group attorneys for tribal and federal-managed lands near the Chaco Culture National Historical Park.
Gov. Wolf’s Adviser Urges Tighter Pennsylvania Crude-by-Rail Standards
An adviser to Pennsylvania Gov. Tom Wolf on Monday released an 84-page report assessing the risk that crude oil trains pose as they pass through the state, recommending 27 steps that could be taken to make the transport safer.