Shale Daily

Rice Energy Bolsters Marcellus Position, Acquires Chesapeake Acreage

Rice Energy Inc.on Monday reinforced its position in southwest Pennsylvania and added to an inventory focused strictly on two areas in the Appalachian Basin, announcing a purchase and sale agreement to acquire 22,000 net acres in Greene County, PA, from a Chesapeake Energy Corp. subsidiary for $336 million.

July 7, 2014

New Processing Has Rex Energy On Track in Western Pennsylvania

Additional processing capacity that came online in May helped Rex Energy Inc. meet its second quarter goals of placing 10 wells into sales in western Pennsylvania and producing between 125-135 MMcfe/d.

July 7, 2014

Researchers: Four Disposal Wells Likely Caused 20% of Central U.S. Quakes

The sharp increase in seismic events that hit central Oklahoma over the last five years was caused by a small number of wastewater injection wells with high disposal rates, according to researchers from three universities and the U.S. Geological Survey (USGS). They said four wells may have caused up to 20% of the earthquakes between 2008 and 2013 in the central United States, including Oklahoma.

July 7, 2014

Junex to Drill Its First Horizontal Well in Quebec

A junior oil and gas explorer based in Quebec has received a permit from the provincial government to drill its first horizontal well from an existing vertical wellbore in the eastern part of the province.

July 3, 2014

North Dakota Sets Flaring Goal at 5% in 2020

Attached to North Dakota’s regulations to lower the amount of associated natural gas flared in its booming oilfields are specific annual targets to reduce the number of flaring wells, volumes and the percentages on a year-to-year basis.

July 3, 2014
Not All Fracks Are Equal, Especially in the U.S. Onshore

Not All Fracks Are Equal, Especially in the U.S. Onshore

Operators large and small are pushing the envelope to extract more oil and natural gas from the rocks in the U.S. onshore, all the while keeping their eyes on reducing costs. It’s not easy, according to top executives of super independent Apache Corp. and privately held Liberty Resources.

July 3, 2014

Cimarex Completes Cana-Woodford Buy, Plans Kansas Leasehold Sale

Cimarex Energy Co. has completed its acquisition of some land in the Cana-Woodford Shale in Western Oklahoma and announced plans to sell producing properties in neighboring Kansas to an undisclosed buyer.

July 3, 2014

Family Sues Chevron Subsidiary For Worker’s Death at PA Well Fire

The family of a subcontractor killed by an explosion at a well pad operated by Chevron Appalachia LLC in southwest Pennsylvania in February (see Shale Daily, Feb. 11) filed a wrongful death lawsuit against the company last month in Allegheny County court in Pittsburgh.

July 3, 2014

Investigation, Cleanup Ongoing at Site of Statoil Fire in Ohio

An investigation into the cause of a large fire last weekend at a Statoil ASA drilling site in Monroe County, OH, near the West Virginia state line continued on Thursday. Cleanup efforts were expected to last several days, said an Ohio Department of Natural Resources (ODNR) spokesman, Thursday.

July 3, 2014

New Pipeline Would Feed Gas-Hungry Mexico With Eagle Ford Output

More natural gas from energy-rich Texas’ Eagle Ford Shale would travel to Mexico to fuel growing power generation and industrial demand there if another proposed border-crossing pipeline is constructed.

July 3, 2014