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.
E&P
Articles from E&P
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.
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.
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.
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.
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.
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.
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.
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).
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.