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Range Sees 8 Bcf/d Potential from Marcellus
May 23, 2013
Range Resources Corp. has the potential to produce up to 8 Bcf/d from the Marcellus Shale, an executive said Tuesday.(more...)
Northeast Shale Challenges Bigger, Not Different, Says Williams Exec ![]()
May 23, 2013
No place in the entire world has better dry or wet gas potential than the Marcellus Shale, now "four years into a 50-year play," but ensuring that there's enough infrastructure for adequate takeaway will take some time, a top Williams executive said Tuesday.(more...)
EDF 'Co-opted' by NatGas Industry, Grassroots Groups Say
May 23, 2013
The Environmental Defense Fund (EDF) has allowed itself "to be co-opted by industry interests on the issue of hydraulic fracturing [fracking] for shale gas," and does not speak for local communities on the issue, representatives of 67 grassroots organizations said Wednesday.(more...)
Laredo Giving Permian Sole Focus
May 23, 2013
To give the growing Permian Basin its full focus, Laredo Petroleum Holdings Inc. has agreed to sell all of its Granite Wash properties in the Anadarko Basin to affiliates of EnerVest Ltd. for $438 million in cash.(more...)
Colorado Becoming 'War Zone' for Fracking Debate ![]()
May 23, 2013
Spring has brought out the Colorado frack fanatics on both sides of the growing hydraulic fracturing (fracking) debate as evidenced by the "Showdown of the Century" scheduled Wednesday in Boulder, CO, when pro- and anti-fracking documentaries and their writer/directors meet head-to-head (almost).(more...)
Pioneer Gets A 'Strong Mabee' on Wolfcamp B Prospectivity
May 23, 2013
Pioneer Natural Resources Co.'s first horizontal Wolfcamp Shale well in Martin County, TX, -- the Mabee K #1H -- has been placed on production with an initial rate that the company called "strong," and an analyst following Pioneer said confirms prospectivity in the county.(more...)
Industry Briefs
May 23, 2013
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Shales Are a Means, Not an End, Says CERA Co-Founder
May 22, 2013
The shale gas and oil revolution has created a 20-year opportunity for technology and sustainable economic development, but to realize its full potential, the people who think about energy will have to adopt a new mindset, Deloitte's Joseph Stanislaw said in a new whitepaper, in which he argues that shale resources should be a bridge to a lower-carbon future.(more...)
New York Landowners Sue Norse Over Expired Leases
May 22, 2013
A group of about 89 landowners in western New York state filed a lawsuit in a U.S. bankruptcy court against Norse Energy Corp. USA on Friday after the company declared a force majeure and extended its oil and gas leases.(more...)
Ohio Water District Sells More Water to Gulfport, Enacts New Policy
May 22, 2013
The Muskingum Watershed Conservancy District (MWCD) has agreed to sell more water to Gulfport Energy Corp. for Utica Shale drilling activities, as it adopts a new short-term water sales policy and partners with the U.S. Geological Survey to study the impact of future water withdrawals.(more...)
Warren Resources Plans 25 Coalbed Methane Wells in Wyoming ![]()
May 22, 2013
Warren Resources Inc. plans to drill 25 new coalbed methane (CBM) wells in the Spyglass Hill Unit in Wyoming's Washakie Basin, a sub-basin of the Greater Green River Basin, the New York City-based exploration and production company said.(more...)
New Refinery Would Handle Eagle Ford Crude
May 22, 2013
Irving, TX-based Worldwide Energy Consortium Inc. (WEC) is set to begin the initial engineering/permitting phase for a new refinery to be located near Gardendale in La Salle County, TX.(more...)
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