Shale Daily

Oil field services provider Halliburton Co. Monday announced that it will publicly disclose fluids used in hydraulic fracturing (fracking) activities, has set up a website to carry this out, and has introduced a first-of-its-kind ecofriendly fracture fluid system made up of materials sourced entirely from the food industry.

The Pittsburgh City Council was scheduled to vote Tuesday on an ordinance with questionable legal premises that would prohibit natural gas drilling in the city which is surrounded by the Marcellus Shale.

Koch Pipeline Co. LP Monday said it expects to have corporate approval by year-end to expand its South Texas Crude oil system to serve producers in the Eagle Ford Shale in South Texas.

As it shifts its portfolio toward more oily prospects, natural gas producer Williams Cos. said Monday it will pay $925 million to acquire 85,800 net acres in the Bakken Shale.

Big spending by Big Oil in the U.S. shale plays is leading to a big-time recovery in global upstream capital spending, according to energy consultant Wood Mackenzie.

Marcellus Shale drillers in Pennsylvania will gain a sympathetic ear in January when Gov.-elect Tom Corbett takes office.

Through EQT Corp.’s experience in the “shale revolution” — the 120-year old company expects to have 100 wells in the Marcellus Shale in southwest Pennsylvania and northern West Virginia by the end of the year — it has learned several lessons of value to other companies, according to CEO David Porges.

Is the bloom coming off the Haynesville Shale rose because of its drier-gas nature, with a few producers announcing recently they will be refocusing exploration and production (E&P) efforts into “oilier” plays such as Eagle Ford in South Texas (see Shale Daily, Nov. 5; Nov. 4; Oct. 7)?

Houston-based Swift Energy Co.’s 2011 capital budget includes an accelerated drilling program to increase production and reserves, primarily targeting its liquids-rich acreage in the Eagle Ford Shale and the Olmos Sands in South Texas, the company said.