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Goodrich Gathering Pace in the TMS

Goodrich Gathering Pace in the TMS

Goodrich Petroleum Corp. is gaining momentum in the Tuscaloosa Marine Shale (TMS) of Louisiana and Mississippi. TMS well results released Monday garnered enthusiastic notes from analysts, who wrote that better things are likely to come.

April 14, 2014

With Production Rising, Antero Gets Pragmatic With More Takeaway; Lower Utica EURs

Pure-play Appalachian operator Antero Resources Corp. on Monday announced several significant additions to its firm transportation portfolio and midstream infrastructure that have its forward-looking basis differentials improving and its skyrocketing production heading in more directions.

April 14, 2014

Eagle Ford Emissions Seen Rising With Development

Emissions of nitrogen oxides (NOx) and volatile organic compounds (VOC) in the Eagle Ford Shale region could increase sharply in the coming years as development ramps up, according to a recently released study.

April 14, 2014
NatGas Reserves Stumbled, Crude Oil Surged in 2012, EIA Says

NatGas Reserves Stumbled, Crude Oil Surged in 2012, EIA Says

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 since 1998, the Energy Information Administration (EIA) said Thursday.

April 11, 2014
Not So Fast in Miss Lime/Woodford Stacks, but Pilots Holding Promise

Not So Fast in Miss Lime/Woodford Stacks, but Pilots Holding Promise

The Mississippian Lime (ML) formation hasn’t proven itself to be a go-to drilling spot yet, but pilot wells show promise where the rocks, clay and sand intersect in Kansas and Oklahoma.

April 11, 2014

In Unprecedented Move, Ohio Sets Permit Conditions for Fracking Near Faults

The Ohio Department of Natural Resources (ODNR) on Friday took an unprecedented step to establish what is believed to be the country’s first set of permitting conditions for hydraulic fracturing (fracking) in horizontal wells near fault lines or areas of previous seismic activity.

April 11, 2014
Long Winter Leads to Low North Dakota Oil/Gas Production

Long Winter Leads to Low North Dakota Oil/Gas Production

Mostly harsh winter weather was attributed to North Dakota’s oil and natural gas production remaining depressed in February, the most recent month for which the state has complete statistics, the Department of Mineral Resources (DMR) Oil/Gas Division reported Friday. Final data from March and April likely will show a turnaround, DMR Director Lynn Helms said.

April 11, 2014

Transco Seeking Capacity Turnbacks for Atlantic Sunrise Project

Transcontinental Gas Pipe Line Company LLC (Transco) is seeking offers from shippers to relinquish firm capacity on its system to support the proposed Atlantic Sunrise Project, which is intended to serve Marcellus Shale production.

April 11, 2014

Gastar Production Resumes at Reduced Rate After WV Pipeline Rupture

Gastar Exploration Inc. said late Thursday that its Marcellus Shale production in Marshall County, WV, was flowing again, albeit at a reduced rate, after a gathering pipeline ruptured and caught fire in the area on April 5, shutting its wells in for four and a half days (see Shale Daily, April 7).

April 11, 2014

CSU Forecasters Expect Below-Average Tropical Storm Activity This Year

An El Nino event — the warming of water temperatures in the central and equatorial Pacific Ocean — is likely to limit the number of hurricanes that form in the Atlantic Basin this year, according to forecasters at Colorado State University (CSU), more good news for the U.S. natural gas industry, which is increasingly insulated from the impact of tropical storms.

April 11, 2014