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Shale Daily

Start-Up Gas Midstream Firm to Focus on Permian Shale Plays

With activity heating up in several Permian Basin shale plays, Houston-based start-up Nuevo Midstream, LLC announced Wednesday it has secured a $65 million equity commitment to develop midstream infrastructure for natural gas producers in the Permian.

April 18, 2011

Texas Groups Seek Stronger Drilling Regulations

Regulators must take a harder line when it comes to natural gas drilling’s effects on Texas’ environment, and the Railroad Commission of Texas (RRC), “long the oil and gas industry’s lapdog, must become a watchdog,” as activity in the Eagle Ford Shale increases, according to a report released Thursday by Earthworks’ Texas Oil & Gas Accountability Project (OGAP).

April 18, 2011

Quicksilver Prepares for Increased Horn River Output

Quicksilver Resources Inc., which was one of the early entrants into the Horn River Basin of British Columbia (BC), has launched plans to create a midstream natural gas entity to support its 130,000 net-acre project.

April 18, 2011

EPA Vows to Work with States to Oversee Fracking

An Environmental Protection Agency (EPA) official told a Senate panel earlier this week that the agency is committed to cooperating with states to oversee the practice of hydraulic fracturing (fracking).

April 18, 2011

DRBC’s Draft Water Rules Draw Deluge of Responses

Ahead of a midnight deadline Friday to comment on the Delaware River Basin Commission’s (DRBC) draft water quality amendments, those for and against the proposed changes attempted to make their voices heard by delivering thousands of responses to the commissioners.

April 18, 2011

Range to Enter Mediation with Pennsylvania Township

Range Resources Corp. and a shale-rich township in southwestern Pennsylvania will enter mediation to resolve their difficulties.

April 18, 2011

Ohio River Regulator Considering Water Resources Management

Marcellus Shale operators in Pennsylvania are familiar with the Delaware River Basin Commission (DRBC) and the Susquehanna River Basin Commission (SRBC), the interstate regulatory agencies that manage water resources in eastern and central Pennsylvania, but currently don’t have to deal with a similar organization in the western half of the state. However, that may soon change.

April 15, 2011

El Paso: Eagle Ford Value Worth Developing Alone

El Paso Corp. has decided to go it alone in developing its profitable Eagle Ford Shale acreage and has scuttled plans to take on a joint venture (JV) partner.

April 15, 2011

Oklahoma Shale Reservoir Development Act Becomes Law

Oklahoma Gov. Mary Fallin (R) signed the 2011 Shale Reservoir Development Act into law on Wednesday. The measure is designed to protect stakeholders, clarifies the jurisdiction of the Oklahoma Corporation Commission (OCC) and modifies the state’s oil and gas laws to address advances in technology.

April 15, 2011

SM Energy a ‘Significant’ Resource Player, Says CEO

After rebranding itself last year and finishing a transformation into “a significant resource play company,” SM Energy Co. plans to step up development in the Eagle Ford Shale of South Texas and the Bakken-Three Forks formation while it hopes to sell down Eagle Ford assets, secure a joint venture (JV) partner in the Haynesville Shale and exit the Marcellus Shale.

April 15, 2011