E&P

The Obama administration is weighing whether to list as “threatened” under the Endangered Species Act (ESA) the Gunnison sage grouse, which could pose problems for oil and natural gas development in parts of Utah and Colorado. The Interior Department’s Fish and Wildlife Service (FWS) is set to make the decision Wednesday.

EV Energy Partners LP (EVEP) said Monday that it will begin marketing both its operated and non-operated joint venture (JV) acreage in Ohio’s Utica Shale next year, where the company believes its efforts with Chesapeake Energy Corp. and Total E&P USA have made clear the asset’s value for a successful sale.

Where U.S. natural gas and oil exports are allowable they are surging, and as plans progress to carry liquefied natural gas (LNG) and more crude oil overseas, dramatic swings in the U.S. trade balance swiftly will transform America into an energy superpower, according to an in-depth analysis by Citi.

Production of natural gas and oil from the seven most prolific U.S. shale and tight oil regions will continue to increase through the end of the year, reaching 44.12 Bcf/d and 5.26 b/d in December, according to the Energy Information Administration (EIA).

Production of natural gas and oil from the seven most prolific U.S. shale and tight oil regions will continue to increase through the end of the year, reaching 44.12 Bcf/d and 5.26 b/d in December, according to the Energy Information Administration (EIA).

The Los Angeles City Council early this year called for a draft moratorium on hydraulic fracturing (fracking), but the city planning department is proposing another way to regulate drilling practices — land-use and zoning regulations.

September set another record for upstream oil and gas activity in the Lone Star State, but weakened oil prices indicate that a slowdown could be coming — how significant remains to be seen, said a Texas economist specializing in energy patch data.

Colorado District Court Judge Gregory Lammons again ruled against the City of Fort Collins’ five-year ban on hydraulic fracturing (fracking) last week, denying the city’s request for a stay on his decision in August overturning the city ban.

Rapid City, SD-based Black Hills Corp. CEO David Emery on Tuesday said the Mancos Shale drilling program in the Piceance and San Juan basins is behind schedule, but the company plans to make up ground next year with 12 wells in production. Three wells should ramp up by the end of this year, he said.