E&P

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.

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).

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.

Chevron Corp. reported Wednesday that its U.S. natural gas production rose in January and February from the year-ago period, with upstream net output hitting 664,000 boe/d, up from 637,000 boe/d.

New permit requirements are set for oil, natural gas and saltwater disposal wells in North Dakota’s Williston Basin, the Oil/Gas Division in the state Department of Mineral Resources (DMR) said on Wednesday. They are effective June 1.

Super independent ConocoPhillips’ estimated resource base in the Eagle Ford Shale is 2.5 billion bbl of oil in place, much more than a previous forecast of 1.8 billion, management said Thursday.

Chesapeake Energy Corp. is once again fighting to stave off a class action lawsuit in Pennsylvania as it confronts a growing chorus of those that allege it is improperly deducting post-production costs from royalty payments.

The future of hydraulic fracturing (fracking) in the Barnett Shale town of Denton, TX, will likely be in voters’ hands this November. For one reluctant activist pushing to ban the well stimulation practice, the trip to the polls began years ago.

U.S. crude oil reserves in 2012 surged to their highest level since 1976, but low natural gas prices drove down gas proved reserves for the first time in 14 years, the Energy Information Administration (EIA) said Thursday.