Shale Daily

The Colorado Oil and Gas Conservation Commission (COGCC) on Tuesday ordered operation of a wastewater disposal well to cease temporarily while recent seismic activity in Weld County is assessed to determine whether there is a link to the well.

U.S. natural gas and oil reserves each increased by 9% in 2013 at a lower cost than in 2012, primarily because of gains by the largest independents, Ernst & Young LLP (EY) revealed in its latest annual review.

The Pennsylvania House of Representatives has approved a $29.1 billion state budget without including an oil and gas severance tax proposal after weeks of renewed debate that found lawmakers on both sides of the aisle giving it strong consideration as they faced down a $1.5 billion deficit (see Shale Daily,June 17). The bill is now…

Further proof that the Bakken Shale boom continues to grow, a proposal for an interstate oil pipeline to the Gulf Coast was announced Wednesday by Dallas-based Energy Transfer Partners LP (ETP), less than 24 hours after a similar proposal was unveiled by Enterprise Products Partners LP at a state pipeline summit (see Shale Daily, June 24).

Enbridge Energy Partners LP won North Dakota regulatory approval for its long-sought, $2.5 billion Sandpiper oil pipeline, which is designed to stretch the reach of Bakken and western Canadian oil supplies into new markets.

C&J Energy Services Inc. late Wednesday agreed to merge with Nabors Industries Ltd.’s completions arm in a $2.86 billion deal that would create one of the largest hydraulic fracturing (fracking) businesses in North America.

Energy Transfer Partners LP (ETP) has secured capacity commitments from some leading Appalachian gas producers for its planned 2.2 Bcf/d pipeline to carry Marcellus and Utica shale gas from area processing plants to multiple markets. With an open season under way, the project could grow to 3.25 Bcf/d, ETP said.

An alliance of groups opposed to shale gas development in New Brunswick has asked a court to impose a moratorium on unconventional oil and gas exploration and hydraulic fracturing (fracking) in the province until government officials can prove they are safe.

Voters in Loveland, CO, on Tuesday rejected a ballot measure seeking to impose a two-year moratorium on hydraulic fracturing (fracking) within the city limits. The result prompted swift responses from industry and citizen groups supporting the drilling practice.