E&P

Halliburton Co. isn’t reporting much impact to its North American business from plunging oil prices yet, but adjustments are likely to occur through 2015 as operators recalibrate, CFO Mark McCollum said Wednesday.

Goodrich Petroleum Corp. is exploring the sale of potentially all of its Eagle Ford Shale assets while it plans to leverage drilling efficiencies and an improved frack design in the Tuscaloosa Marine Shale (TMS) next year. Meanwhile, hedging is providing some cover from crashing oil prices.

Pennsylvania Gov.-elect Tom Wolf has selected John Hanger, a former secretary of the state Department of Environmental Protection (DEP) and a one-time Democratic candidate for governor, to serve as his secretary of planning and policy.

EV Energy Partners LP has started flowing back its closely watched Nettle 3H well in Tuscarawas County, OH, in the heart of the Utica Shale’s stubborn volatile oil window, where an industry partnership has used gelled butane to stimulate the well in the latest effort to get oil flowing there.

Moving in the same direction as federal regulators about Bakken Shale crude oil transport, the North Dakota Industrial Commission (IC) on Tuesday adopted regulations requiring all of the state’s oil supplies to be conditioned.

Despite an industry full-court press in the past year to head it off, federal officials are proposing to limit future oil and natural gas development in the White River National Forest (WRNF) in northwest Colorado.

Liquefied Natural Gas Ltd.’s Bear Head LNG Corp. has applied to the U.S. Department of Energy (DOE) for authorization to export natural gas to Canada for a 25-year period in support of its Nova Scotia liquefied natural gas (LNG) terminal project.

BP plc had begun restructuring its global businesses following the Macondo well blowout in 2010, and the blowout in oil prices is going to require more belt-tightening, executives said Wednesday

A U.S. Department of Labor (DOL) investigation that began in 2012 has resulted in an agreement by some undisclosed subcontractors that work for independent producers in the Marcellus Shale to pay a total of $4.5 million in back wages to 5,310 employees in Pennsylvania and West Virginia.