Shale Daily

Lawmaker Seeks Repeal of Controversial Portion of Drilling Law

A Pennsylvania lawmaker wants to repeal a controversial section of a new drilling law — as well as portions of state law dating back to 1961 — to protect landowners from what she says amounts to forced pooling.

August 14, 2013

No Report Yet, But Cuomo Says Fracking Could Help Some NY Regions

New York Gov. Andrew Cuomo said he believes high-volume hydraulic fracturing (HVHF) could mesh with the state’s economic development plans, but he said there was no news regarding a health impact analysis of the practice.

August 14, 2013
Chesapeake’s Dixon, Three Execs ‘to Pursue Other Opportunities’

Chesapeake’s Dixon, Three Execs ‘to Pursue Other Opportunities’

Chesapeake Energy Corp.’s long-time COO Steve Dixon, who was named interim CEO in April and held the post until mid-June, left the company Monday with three other top executives, according to a memo sent to employees by CEO Doug Lawler.

August 14, 2013

Northeast Basis Disparities ‘Continue Indefinitely,’ Says Credit Suisse

The elephant named Marcellus that has been sitting on Northeast-Henry Hub basis isn’t about to move along, and what used to be a premium market will see trades discounted to the U.S. gas benchmark for a while, analysts at Credit Suisse said in a note Tuesday.

August 14, 2013

Gazprom Evaluating Shale Oil in Western Siberia

Gazprom Neft has approved the continued study of shale oil reserves at the Bazheno-Abalaksky complex of the Palyanovskaya zone at the Krasnoleninskoye field in western Siberia, which is being developed by Gazpromneft-Khantos.

August 13, 2013

Caza Touts Latest Bone Spring Well

Caza Oil & Gas Inc. is making progress on its Caza Ridge horizontal Bone Spring program, with its latest well producing at a peak 24-hour rate of 1,004 bbl and 1.3 MMcf of gas.

August 13, 2013

Pembina Expanding Midstream Complex in West Central Alberta

Calgary midstreamer Pembina Pipeline Corp. is launching plans to build and operate another shallow cut natural gas plant and associated pipeline infrastructure near its Cutbank Complex in west central Alberta.

August 13, 2013

Magellan Prepping Williston Basin EOR Pilot Program

Magellan Petroleum Corp. recently received permits from the U.S. Bureau of Land Management (BLM) to drill five wells on its leases at Poplar Dome in Roosevelt County, MT. The permits were the final requirement before the company can begin drilling for its CO2-enhanced oil recovery (EOR) pilot program.

August 13, 2013
Transco Holding Open Season for Marcellus/Utica Pipeline

Transco Holding Open Season for Marcellus/Utica Pipeline

Transcontinental Gas Pipe Line (Transco) is holding an open season for its Atlantic Sunrise project, which would provide between 450,000 and more than 1 million Dth/d of new, year-round firm transportation capacity by its proposed in-service date of July 1, 2017, the Williams subsidiary said in a notice posted Thursday. The open season is due to end Sept. 27.

August 13, 2013
EVEP Lands First Utica Sale For $284M; 2Q Net Income Jumps 120%

EVEP Lands First Utica Sale For $284M; 2Q Net Income Jumps 120%

Nearly one year after it started looking for buyers for some of its acreage in Ohio’s Utica Shale, EV Energy Partners LP (EVEP) and its partnerships have made their first sale, agreeing to part with 22,535 net acres in the wet gas window for $284.3 million, the company said Friday.

August 13, 2013