SandRidge Founder Tom Ward Ousted
June 20, 2013
SandRidge Energy Inc. founder Tom Ward, the former chairman and CEO, was replaced Wednesday by the board of directors, which said its decision was "in the best interests of the company and its shareholders at this time."(more...)

Eastern Kentucky Shales Await Higher NatGas Prices 
June 20, 2013
The Kentucky Oil and Gas Association's (KOGA) first comprehensive research of the economic impact of the oil and gas industry found that the state had 14,632 producing natural gas wells in 2011 and produced more than 3 million bbl of oil in 2012, but the number of horizontal well permits issued has declined each year since 2009.(more...)

Talisman Considering Eagle Ford Sale 
June 20, 2013
Talisman Energy Inc. is shopping its Eagle Ford Shale acreage with hopes of raising up to US$2 billion, according to a Reuters report that cited unnamed sources.(more...)

PDC to Accelerate Wattenberg, Utica Development
June 20, 2013
PDC Energy Inc. completed the sale of its noncore Colorado natural gas assets Tuesday, with the sales proceeds earmarked to accelerate development of its liquid-rich horizontal drilling programs in the state's Wattenberg Field and Ohio's Utica Shale.(more...)

Rochester, NY, Extends Mostly Symbolic Drilling Moratorium
June 20, 2013
In what is considered a symbolic gesture, Rochester, NY's city council voted unanimously on Tuesday to extend by one year a moratorium on natural gas exploration and extraction activities, and in particular, hydraulic fracturing (fracking).(more...)

Colleges Offer Training in Response to Illinois' Oil & Gas Regulations
June 20, 2013
Responding to Illinois' tough new hydraulic fracturing (fracking) legislation, and with the potential for a surge of activity in relatively untapped shale natural gas deposits in Illinois, two colleges say they are planning an array of training opportunities for the emerging oil and natural gas industry.(more...)

West Virginia Officials to Discuss Industry's Impact on Local Roads
June 20, 2013
State lawmakers in West Virginia plan to meet in Wheeling on Thursday to discuss the impact the oil and gas industry is having on local roadways.(more...)

Industry Brief
June 20, 2013
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Murkowski : U.S. Needs to Deal from a Position of Energy Abundance
June 19, 2013
In its reluctance to share its natural gas resources with the world, the United States is operating in a scarcity mode, which is at odds with today's abundance, Alaska's Sen. Lisa Murkowski said Tuesday.(more...)

Pennsylvania Governor Sounds Off on Impact Fee, Ethane Cracker
June 19, 2013
Pennsylvania Gov. Tom Corbett defended the decision to enact an impact fee, rather than a severance tax, on oil and gas drilling, and he said there was nothing new to report on a proposed ethane cracker in the western part of the state.(more...)

Koch Pondering Bakken Crude Pipeline
June 19, 2013
Koch Pipeline Co. LP is holding a nonbinding open season for the Dakota Express Pipeline, which would carry crude oil from the Bakken Shale in western North Dakota to Hartford and Patoka, IL. A connection at Patoka to the Eastern Gulf Crude Access Pipeline to carry crude to Gulf Coast refineries is also contemplated.(more...)

XTO Brings NGL Recovery Facility Online in Pennsylvania 
June 19, 2013
XTO Energy Inc.'s natural gas liquids (NGL) recovery facility in Butler County, PA, has entered service processing wet gas from Marcellus and Utica shale drilling in southwestern Pennsylvania.(more...)

Ohio Appeals Court Upholds Lease Provision on Covenants
June 19, 2013
An appeals court in Ohio upheld a local court's ruling that an operator is not required to fully develop leased property, and disagreed with a landowner's demand that the undeveloped portion be surrendered and subsequently leased to other oil and gas companies.(more...)

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