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Census Data Shows Energy Boom Fueled Historic Growth After Recession

The nation's energy boom, stoked by technological advances both onshore and offshore, drove significant economic growth for the oil and gas industry, which also fueled a corresponding population boom in resource-rich areas such as North Dakota and Texas between 2007 and 2012, according to the U.S. Census Bureau.

March 27, 2014

Chesapeake Seen Benefiting From Renewed Haynesville Exploration, Exports

Chesapeake Energy Corp.'s decision to increase its natural gas drilling in the Haynesville Shale this year may have startled some investors, but the gaggle of government approvals for proposed natural gas export facilities on the Gulf Coast may be playing right into the Oklahoma City operator's wheelhouse.

March 27, 2014

EPA, DOI Seek Extension of Constitution Pipeline Comment Period

The size and complexity of the Constitution Pipeline and Wright Interconnect projects has prompted the U.S. Department of the Interior (DOI) and the Environmental Protection Agency (EPA) to ask FERC to extend the comment period for the associated draft environmental impact statement (DEIS).

March 26, 2014
Kinder’s $1B CO2 Project to Serve Permian EOR Activities

Kinder’s $1B CO2 Project to Serve Permian EOR Activities

Increasing enhanced oil recovery (EOR) activities in the Permian Basin are driving up demand for carbon dioxide (CO2), which Kinder Morgan Energy Partners LP plans to help meet with a new 213-mile, 16-inch diameter pipeline.

March 26, 2014
Fate of Dakota Gas Pipeline Still Uncertain, CEO Says

Fate of Dakota Gas Pipeline Still Uncertain, CEO Says

MDU Resources Group CEO Dave Goodin is still looking for the "beef" in a proposed $650 million natural gas transmission pipeline project…

March 26, 2014

Utica’s Next Frontier Moving to West Virginia, Pennsylvania

With the Utica Shale making a reputation for itself in Ohio after a series of eye-opening well results, and with technology pushing drilling efficiencies to new heights, the formation is poised to become the next horizon of development in West Virginia and Pennsylvania.

March 26, 2014
Sinopec Stepping Up China’s Shale Game; 353 Bcf by 2017

Sinopec Stepping Up China’s Shale Game; 353 Bcf by 2017

China Petroleum and Chemical Corp. (Sinopec) said Monday it has “made significant breakthroughs” in shale gas exploration and development and that it plans to develop the country’s first shale gas field — Fuling —  faster than previously thought, with annual production of 10 billion cubic meters (353 Bcf) by 2017. “This marks an important strategic…

March 25, 2014

Goodrich Reports Good News on Latest TMS Well

After stumbling a bit with a challenging and disappointing well in the Tuscaloosa Marine Shale (TMS), Goodrich Petroleum Corp. on Monday reported its latest producer, which is apparently benefiting from a back to basics strategy the company is applying in the play.

March 25, 2014

Owner of Ohio Waste Dumper Pleads Guilty; Employee Sentenced

Ben W. Lupo, who in February 2013 pleaded not guilty to violating the Clean Water Act for his role in dumping tens of thousands of gallons of oilfield waste down a storm drain in Youngstown, OH, reversed course on Monday and pleaded guilty to the charge in U.S. District Court in Cleveland.

March 25, 2014

U.S. Onshore Operators Building Reserves Warehouse of Liquids Prospects

Operators focused on crude oil and liquids reserves growth are building warehouses of prospects for future exploration, according to Topeka Capital Markets.

March 25, 2014