Shale Daily

Consol Secures Processing Agreement for Utica Production

Consol Energy Inc. disclosed Tuesday that it has signed a definitive agreement with Blue Racer Midstream LLC to construct, own and operate natural gas gathering pipelines and facilities in Noble County, OH, to support growing production with joint venture (JV) partner Hess Corp.

October 15, 2013
North Dakota Hits 1 Bcf/d Production; Oil Surge Continues

North Dakota Hits 1 Bcf/d Production; Oil Surge Continues

North Dakota officials reported Tuesday that the state again set all-time production records in August, hitting 1 Bcf/d for natural gas and 911,000 b/d of crude oil production. Department of Mineral Resources Director Lynn Helms predicted the state would soon pass the 1 million b/d milestone.

October 15, 2013

With EIA Storage Dark, Industry Estimates To Stand In?

In the wake of the news Friday that the Energy Information Administration (EIA) would cease operations and furlough its staff thanks to the U.S. Government shutdown, traders and analysts are waiting to see how the natural gas futures market deals with the lack of a weekly storage inventory update.

October 14, 2013

With EIA Storage Dark, Industry Estimates To Stand In?

In the wake of the news Friday that the Energy Information Administration (EIA) would cease operations and furlough its staff thanks to the U.S. Government shutdown, traders and analysts are waiting to see how the natural gas futures market deals with the lack of a weekly storage inventory update.

October 14, 2013

Ohio ‘Home Rule’ Case Moves Forward at State Supreme Court

A court case to decide the fate of local ordinances, or “home rule” laws, in the emerging Utica Shale is advancing before the Supreme Court of Ohio.

October 14, 2013
Drill, Baby, Drill — Faster Still

Drill, Baby, Drill — Faster Still

The average U.S. onshore drilling rig is producing 2% more wells than it did three months ago, and increasingly, rigs are targeting liquids-rich plays over those known for producing dry gas, according to Baker Hughes Inc.

October 14, 2013

Harrison County, OH, Leases Industrial Park Acres to CBM Producer

Officials in Harrison County, OH, have agreed to lease more than 300 acres of the county’s industrial park for Utica Shale oil and gas drilling.

October 14, 2013

Harrison County, OH, Leases Industrial Park Acres to CBM Producer

Officials in Harrison County, OH, have agreed to lease more than 300 acres of the county’s industrial park for Utica Shale oil and gas drilling.

October 14, 2013

North Dakota Lawmakers Seek Long-Term Oil Policy

With a seemingly ever-increasing mother lode of crude oil from the Bakken Shale play, North Dakota lawmakers have embarked on a process for developing a long-term strategy regarding state revenues and taxation of the oil industry. An initial review of bidders to help in mapping the strategy is set for Oct. 31.

October 14, 2013

North Dakota Lawmakers Seek Long-Term Oil Policy

With a seemingly ever-increasing mother lode of crude oil from the Bakken Shale play, North Dakota lawmakers have embarked on a process for developing a long-term strategy regarding state revenues and taxation of the oil industry. An initial review of bidders to help in mapping the strategy is set for Oct. 31.

October 14, 2013