New data from the Pennsylvania Department of Environmental Protection (DEP) show large infrastructure expansions that occurred in the state last year only marginally reduced the backlog of wells there, despite a significant increase in annual production.
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SandRidge Counting on Midcontinent for Turnaround
Production at SandRidge Energy Inc. stayed flat last year as the company continued to switch its operational focus to the Midcontinent, where it hopes to make gains this year and keep reducing costs.
March 3, 2014
January Crisis Could Strengthen Propane Market, Analyst Says
The recent propane crisis, which involved shortages of the heating fuel in the Midwest and Northeast prompted by unusually frigid winter weather, could actually result in a stronger propane industry, according to RBN Energy’s Callie Mitchell.
February 28, 2014
NGL Pipe Projects Don’t Have Eminent Domain, Say Kentucky Legislators
A bill that would amend current law and remove eminent domain authority for natural gas liquids (NGL) pipeline projects will be debated by the Kentucky House following an overwhelming committee vote on Wednesday.
February 28, 2014
Gulfport Adds to Utica; Signs with BP to Send Gas to ‘Numerous Hubs’
Gulfport Energy Corp. announced a series of moves on Thursday aimed at tightening its balance sheet, improving sales, growing oil and gas revenues and adding to its growing reserves in Ohio’s Utica Shale play.
February 28, 2014
Texas Operators Remained Focused on Completions in January
Crude oil and natural gas production in Texas both showed gains in December from year-ago levels, and 2013 production of oil was up significantly while natural gas production declined from 2012 levels, according to preliminary data from the Railroad Commission of Texas (RRC).
February 28, 2014
Access Midstream Gains More of Chesapeake’s Gathering Assets
Access Midstream Partners LP on Friday appeared to continue a push aimed at purchasing the remaining midstream assets of Chesapeake Energy Corp. when it announced the acquisition of 103 compression units servicing gathering systems in the Appalachian Basin for $160 million.
February 28, 2014
Old Fayetteville Still Faithful to Southwestern; Marcellus Blooms
Nearly 10 years on and after 3 Tcf of cumulative operated production, the Fayetteville Shale is still setting records for the play’s pioneer, Southwestern Energy Co. Meanwhile, Marcellus Shale activity last year drove overall company production to record levels.
February 28, 2014
Colorado Ballot Initiative to Allow Local Control of Oil, Gas Drilling
A ballot initiative under consideration in Colorado would give local governments control over oil and gas development. More than 50 local elected officials have sent a letter to Gov. John Hickenlooper expressing their support for the initiative.
February 27, 2014
Halcon Joins TMS Flock
While raising estimated ultimate recoveries (EUR) in its Williston Basin and East Texas Eagle Ford plays Houston-based Halcon Resources Corp. has added the Tuscaloosa Marine Shale (TMS) as a third core area.
February 27, 2014
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