Shale Daily

Enbridge Energy Partners LP (EEP) and its parent, Calgary-based Enbridge Inc., have secured Marathon Petroleum Corp. (MPC) as an anchor shipper for the $2.6 billion Sandpiper Pipeline, which will transport light crude oil from the Bakken Shale and Western Canada by 2016.

Operators have turned to shales because that’s where the oil is. So it’s not surprising to find that shale towns are also where the money is, according to personal income data from the U.S. Bureau of Economic Analysis (BEA).

After the immense success of Denver-based Antero Resources’ initial public offering (IPO) in October, and with impressive well results in the Appalachian and Permian Basins continuing to stoke the equity market’s interest in the exploration and production sector, analysts expect more IPOs from small independents in the year ahead.

Natural gas and oil operations were not the cause of groundwater contamination in the Pinedale Anticline that was identified seven years ago and has been under investigation since then, according to two new Bureau of Land Management (BLM) reports released last Wednesday.

Pro-hydraulic fracturing (fracking) interests are growing in stature among political campaign contributors, according to a public interest advocacy group, which attributes their increased spending to increased discussion of the well stimulation practice.

One month after declaring bankruptcy, two subsidiaries of Norway’s Norse Energy Corp. ASA plan to sue Gov. Andrew Cuomo and other state officials in New York State Supreme Court in an effort to compel them to complete a supplemental generic environmental impact statement (SGEIS) on high-volume hydraulic fracturing (HVHF).

The venerable Permian Basin, where production peaked in the 1970s, has come to life bigger and stronger, and is proving to still be the rock of choice for a lot of exploration and production (E&P) companies and oilfield service operators.

The U.S. land market will complete a record number of hydraulic fracturing (fracking) stages in 2013, driven by horizontal drilling and efficiencies, according to PacWest Consulting Partners.

Anti-hydraulic fracturing (fracking) organizations targeted California Gov. Jerry Brown on Thursday using his public appearances in Southern California as sites for demonstration and protest.