Experts Watch for Backlash From Super-Low Prices
May 18, 2012
When North American operators successfully used technology to tap into unconventional onshore natural gas reserves, it triggered a shift in the markets that has upended activity around the world, but where it leads is still a question to be answered, two long-time market watchers said Thursday.(more...)

Booming Bakken Creating Hiring, Housing Surge 
May 18, 2012
Naggingly low natural gas prices apparently haven't dimmed prospects in the Bakken Shale in North Dakota and Montana, where the booming play is driving a surge in hiring, housing starts, infrastructure projects and more.(more...)

Murkowski, EPA Head Spar Over Fracking Studies
May 18, 2012
The administration's multi-agency approach to hydraulic fracturing (fracking) studies and the appearance of mission-creep is causing confusion within the oil and natural gas industry, according to some critics on Capitol Hill.(more...)

MarkWest CEO: Keystone Purchase 'Connects Our Dots'
May 18, 2012
One day after purchasing natural gas processing facilities and associated infrastructure in the Marcellus and Utica shale plays, MarkWest Energy Partners LP said it plans to remain independent and will allocate more toward capital expenditures (capex) in 2012.(more...)

In Symbolic Move, Vermont First State to Ban Fracking
May 18, 2012
Vermont Gov. Peter Shumlin signed a bill that calls for a ban on hydraulic fracturing (fracking) on Wednesday, a largely symbolic gesture but one that makes the Green Mountain State the first in the nation to outlaw the practice.(more...)

Fracking Proposals Advance in North Carolina
May 18, 2012
A series of legislative proposals that would allow hydraulic fracturing (fracking) and enact several other changes to North Carolina's energy policies within two years have cleared an important hurdle and could come to a vote this summer.(more...)

IPAA-Backed Study Says EPA Finding in Pavillion, WY, 'Unsupported'
May 18, 2012
The Environmental Protection Agency's (EPA) data and analysis did not support the conclusion linking water contamination in Pavillion, WY, to chemicals used in hydraulic fracturing, according to a new analysis released Wednesday.(more...)

Gas Glut Didn't Appear Overnight, Won't Disappear Tomorrow, Says Bentek Exec
May 17, 2012
Whether the natural gas market is "proactive or reactive" today doesn't matter much in the grand scheme of things, according to Bentek Energy's Jack Weixel. Like the chicken or the egg metaphor, asking which came first, gross gas production or dry gas production is irrelevant when considering that today output is 20 Bcf/d higher than in 2006. The real question is how will the market adapt, or rather, what's the market going to do with all the production?(more...)

Matador Resources Ramping Up in Eagle Ford 
May 17, 2012
Matador Resources Co. is moving forward with its plan to target the wet gas and oil-prone Eagle Ford Shale of South Texas this year while ramping down development of its dry gas Haynesville Shale acreage in North Louisiana, the Dallas-based company said Tuesday.(more...)

EnerVest CEO Advises NatGas Peers to 'Conspire to Constrain Supply Growth'
May 17, 2012
If natural gas prices were to fall to $1, that wouldn't be such a bad thing, according to EnerVest Ltd. CEO John Walker. In fact, low prices may be the industry's "greatest savior," he said Wednesday at Bentek Energy's Benposium in Houston.(more...)

Who Would've Thunk it: North Dakota No. 2 Oil Producer 
May 17, 2012
Continuing its basement-to-the-penthouse rise in the energy sector, North Dakota's latest oil/gas production statistics make the state that had no drilling rigs operating in 1999 now the second biggest oil producer in the nation, trailing only Texas.(more...)

Ohio Senate Approves New Fracking Rules
May 17, 2012
The Ohio Senate approved new rules governing hydraulic fracturing (fracking) on Tuesday, part of a lengthy energy bill that makes changes throughout the Ohio Revised Code.(more...)

West Virginia Inspectors File Grievance Over Job Postings
May 17, 2012
Twenty inspectors with the West Virginia Department of Environmental Protection (DEP) have filed a grievance with the state, alleging the agency's plans to hire additional Marcellus Shale inspectors are unfair because the new hires will be paid more and have fewer prerequisites.(more...)

Home | About Shale Daily | Editorial Staff |  Careers | Contact | Data | Events Calendar | Advertise

Copyright © 2012 Intelligence Press Inc. All rights reserved.