Shale Daily

Chesapeake Still ‘Battling Natural Gas Headwinds,’ Says McClendon

Chesapeake Still ‘Battling Natural Gas Headwinds,’ Says McClendon

Chesapeake Energy Corp. can see some daylight following the deluge of U.S. natural gas, but it won’t be until the end of the year that the producer is able to report a decline in domestic output, CEO Aubrey McClendon said Friday.

November 5, 2012

Enterprise Adds Texas NGL Fractionation, Crude Storage

The initial phase of Enterprise Products Partners LP’ Enterprise Crude Houston (Echo) storage terminal is complete and the facility is receiving deliveries of crude oil. Separately, the partnership said its sixth natural gas liquids (NGL) fractionator at Mont Belvieu, TX, has entered operation.

November 5, 2012

New York Landowners Favor Local Republican Candidates

A coalition of New York landowners that supports natural gas development has endorsed a slate of candidates — all of them Republicans — for election to state office.

November 5, 2012

Pennsylvania DEP Denies Allegations It Skewed Water Tests

A Pennsylvania lawmaker is calling for federal and state authorities to investigate the state Department of Environmental Protection (DEP), alleging that it committed fraud and misconduct when it tested water supplies suspected of being tainted by natural gas drilling.

November 5, 2012

ACSF Report ‘Puts a Face’ on the Economic Stimulus of Shale Production

A report issued by American Clean Skies Foundation Thursday projects that technology-driven changes in oil and gas production since 2007 will lead to annual employment gains of 835,000 to 1.6 million new jobs nationwide by 2017 (more than the entire U.S. auto manufacturing industry), and increase the country’s gross domestic product by $167 billion to $245 billion on a net basis.

November 2, 2012

Apache Breaks Production Records in Permian, Anadarko Basins

Higher rig counts and new infrastructure contributed to record production from the Permian and Anadarko basin operations, Apache Corp. said Thursday.

November 2, 2012

Atlas Pipeline’s Natural Gas Volumes Top Record

Atlas Pipeline Partners LP, which serves producers in West Texas, Oklahoma and Kansas, surpassed a record for processed natural gas volumes in 3Q2012, which were up 36% from a year ago, executives said Wednesday.

November 2, 2012

Colorado County Considers Faster Drilling Permit Option

The Boulder County, CO, planning commission on Tuesday proposed to offer exploration and production (E&P) operators an option of expedited oil and natural gas drilling permits in return for meeting stricter environmental standards. An industry association spokesman told NGI’s Shale Daily they favored existing state mechanisms over the county proposal.

November 2, 2012
Rail Transport of Bakken Oil Skyrockets

Rail Transport of Bakken Oil Skyrockets

The railroad transportation of Bakken oil supplies continues to grow, and transporters are investing in new facilities on a pace with pipeline takeaway growth, according to the latest statistics from the North Dakota Department of Mineral Resources (DMR) and the state pipeline authority.

November 2, 2012

WPX Takes 3Q Loss, But Bakken Oil and Marcellus Gas Booming

WPX Energy Inc. announced a net loss of $64 million for 3Q2012 on Thursday, but it also reported significant growth in oil production in the Bakken Shale and tripled natural gas production in the Marcellus.

November 2, 2012