E&P

Apache Corp., under pressure to sell or spin off its international portfolio to focus on the U.S. onshore, on Monday said it has reorganized its global operations, with the North American businesses, including Canada, now part of two “super” Permian and Houston regional units.

Ohio's horizontal Utica and Marcellus shale wells produced more than 4.4 million bbl of oil and about 183.6 Bcf of natural gas in the first quarter, according to newly released data from the Ohio Department of Natural Resources.

Late last Friday, Wyoming and Colorado filed in federal court for a preliminary injunction to block a new hydraulic fracturing rule on public and tribal lands from taking effect later this month.

Oklahoma Gov. Mary Fallin signed a bill reaffirming the primacy of the Corporation Commission (OCC) in regulating the oil and gas industry, becoming the second state to effectively prevent localities from enacting their own regulations on energy development, including attempts to restrict or ban hydraulic fracturing (fracking) and injection wells.

Apache Corp., under pressure to sell or spin off its international portfolio to focus on the U.S. onshore, on Monday said it has reorganized its global operations, with the North American businesses, including Canada, now part of two "super" Permian and Houston regional units.

The United States will remain the world’s largest producer and consumer of frack sand for years, and the North American frack sand market is projected to grow by nearly 9% every year through 2016, according to a report by the U.S. Geological Survey (USGS).

Kinder Morgan Inc. has requested FERC approval to switch the natural gas price indexes it uses to calculate various charges, such as cashouts on Natural Gas Pipeline Company of America (NGPL) [RP15-997] mainly to the indexes published by Natural Gas Intelligence (NGI).

The Pennsylvania Senate is scheduled to hold a joint Environmental Resources and Energy and Finance Committee hearing on Monday that will feature a spate of testimony from those on both sides of the debate about enacting an oil and natural gas severance tax on producers in the state.

After months of deliberation and public hearings, a western Pennsylvania township zoning board rejected an appeal from two environmental organizations and four local residents to stop Rex Energy Corp. from proceeding with a five-well pad near a school.