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  • Volume 3, Issue 2

    • Volume 3, Issue 2

    1503uogrbca Z01
    General Interest

    Eagle Ford Briefs

    April 1, 2015
    Anadarko cuts Eagle Ford drilling time, costAnadarko Petroleum Corp. reduced its South Texas Eagle Ford drilling times to 7.6 days from 8.4 days during the fourth quarter 2014...
    Production Operations

    Study says most of California's fracturing done in Kern County

    April 1, 2015
    The majority of hydraulic fracturing in California so far has been concentrated in the southwest portion of the San Joaquin basin in Kern County, said a scientific study released...
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    Exploration & Development

    Alberta tells Duvernay operators to watch for seismic events

    April 1, 2015
    The Alberta Energy Regulator said oil and gas companies working in the Duvernay zone near the Fox Creek area are to monitor for seismic events, and companies are to take certain...
    Companies

    EnLink Midstream enters Permian basin through acquisitions

    April 1, 2015
    EnLink Midstream made two acquisitions early this year to give it a position in the Permian basin. An EnLink subsidiary said it would buy LPC Crude Oil Marketing LLC, and then...
    New Plants

    Canada Briefs

    April 1, 2015
    Encana lowers 2014 cost for wells in DuvernayEncana Corp.’s Duvernay team continued to reduce drilling and completion costs in 2014, achieving an average cost of $12.4 million...

    More content from Volume 3, Issue 2

    Companies

    Permian Briefs

    April 1, 2015
    Occidental 2015 budget focused on PermianOccidental said much of its 2015 capital budget will focus on its core assets in the Permian basin. The company outlined plans to spend...
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    Production Operations

    EIA: Permian basin driving US shale oil production growth

    April 1, 2015
    Total US shale oil production was expected to increase by only 1,000 b/d in April compared with March, the Energy Information Administration forecast in its Drilling Productivity...
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    Companies

    Matador Resources boosts Delaware basin assets

    April 1, 2015
    Matador Resources Co. of Dallas finalized its acquisition of Harvey E. Yates Co. (HEYCO), a subsidiary of HEYCO Energy Group Inc., including oil and natural gas producing properties...
    Heyes
    LNG

    Australian coalbed methane fields can yield lessons for US shale producers

    April 1, 2015
    The rapid growth in unconventional fuels–ranging from shale oil and gas to coalbed methane–has dramatically increased the complexity of field development and production management...
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    General Interest

    OOGA focused on developing more markets for Utica gas

    April 1, 2015
    The development of markets for Utica gas is a priority for recently appointed Ohio Oil and Gas Association’s Executive Vice-President Shawn Bennett.
    Drilling & Production

    Ohio Supreme Court rules against municipality in gas case

    April 1, 2015
    The Ohio Supreme Court ruled the city of Munroe Falls cannot impose local drilling and zoning ordinances that conflict with Ohio state law regarding oil and natural gas activities...
    Production Operations

    U-M researchers analyze Michigan's policy options for hydraulic fracturing in Utica-Collingwood

    April 1, 2015
    University of Michigan researchers released a detailed draft analysis of policy options for hydraulic fracturing in Michigan during February.
    Companies

    Antero delays Marcellus well completions, stays highly hedged

    April 1, 2015
    Antero Resources Corp. of Denver is slowing completions this year after placing 415 horizontal wells total on stream in the Marcellus and Utica shale plays since 2009, and the...
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    Refining

    Marathon moving forward with Cornerstone pipeline

    April 1, 2015
    Marathon Pipe Line LLC (MPL) and Ohio River Pipe Line LLC (ORPL) launched a binding open season to assess interest and solicit shipper commitments for transportation service on...
    New Plants

    Private equity firm to finance gas-fired power plant

    April 1, 2015
    Panda Power Funds agreed to jointly develop a 1,000-Mw Pennsylvania power project that will use natural gas from the Marcellus shale, the Dallas private equity firm announced....
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    Companies

    Gov. Wolf says state forests, parks off limits to new drilling

    April 1, 2015
    Pennsylvania Gov. Tom Wolf (D) signed an executive order reinstating a moratorium on new drilling leases on state forests and parks.
    Government

    Pennsylvania governor proposes natural gas severance tax

    April 1, 2015
    Pennsylvania Gov. Tom Wolf (D) outlined a proposed $29.9 billion budget on Mar. 3 that would involve $2.5 billion of net tax increases for fiscal 2016, including a 5% severance...
    Robertson
    General Interest

    Deloitte: Low prices provide incentive for improved efficiencies

    April 1, 2015
    Oil and gas companies are learning how to operate more efficiently given recent low oil prices, Deloitte LLP speakers told a February media briefing in Houston, noting that tight...
    General Interest

    Marcellus Briefs

    March 31, 2015
    Cabot cutting rigs in the MarcellusCabot Oil & Gas Corp. executives said they would cut two of the company’s five rigs drilling in the Marcellus shale this year. The rig count...
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    General Interest

    DNV: Dropping oil prices pressure unconventional operators

    March 31, 2015
    As US unconventional operators come under increasing economic pressure given dropping oil prices, executives told a recent DNV GL survey that lessons learned from past downturns...
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    Companies

    Private equity options during oil price downturn

    March 31, 2015
    The precipitous drop in crude oil prices since June 2014 has left many growth-stage upstream oil and gas companies requiring new equity investment in order to fund exploration...
    General Interest

    Industry varies its response to oil price slump with budget cuts, rig cuts

    March 31, 2015
    Drilling cuts across US shale plays could contribute to the nation’s oil production falling this year despite some forecasts to the contrary, EOG Resources Inc. executives said...
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    Production Operations

    Seismic activity linked to injection wells may vary by region

    March 31, 2015
    The US portion of the Williston basin produced fewer earthquakes caused by wastewater injection than basins in Texas, University of Texas at Austin researchers found.
    Companies

    Kinder Morgan Inc. purchased Hiland Partners for $3 billion

    March 31, 2015
    Kinder Morgan Inc. acquired Hiland Partners, a small pipeline operator, in a deal that gave KMI what Moody's described as KMI's "initial footprint in the Bakken" and helped diversify...
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    Drilling & Production

    Oil prices cross North Dakota tax threshold

    March 31, 2015
    It's limited to the first 75,000 bbl of oil produced from a new well or the first $4.5 million of gross value oil produced from that well.
    Companies

    Examiner stalls Shell's Bakken Rail Plans for Anacortes pending Environmental review

    March 31, 2015
    A Skagit County hearing examiner in Mount Vernon, Wa., halted Royal Dutch Shell's plans to move Bakken crude oil by rail to Shell's Anacortes refinery in northwest Washington ...
    Companies

    Bakken Briefs

    March 31, 2015
    Oneok suspends work on ND gas processing plantOneok Partners LP, Tulsa, suspended construction on a gas processing plant in McKenzie County, ND, in the Williston basin along with...
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    Government

    Pipeline leaks Bakken oil into Yellowstone River

    March 31, 2015
    Ice on the Yellowstone River delayed cleanup efforts by response crews after a section of Bridger Pipeline LLC's Poplar Pipeline, which runs under the river, ruptured and spilled...
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    Economics & Markets

    Bakken crude derailments spur rail safety concern

    March 31, 2015
    Recent derailments of trains carrying Bakken crude oil prompted elected officials across various states to request that federal regulators expedite efforts addressing the safety...