More Oil & Gas News

ExxonMobil expands Permian acreage, enters Utica agreement

XTO Energy Inc., a subsidiary of ExxonMobil Corp., has agreed to fund development to gain operating equity in 34,000 gross acres in the liquids-rich Wolfcamp in Texas’s Midland and Upton counties, increasing the company’s holdings in the Permian basin to just more than 1.5 million net acres.

MARKET WATCH: Oil futures price ends month about $2 higher than start of year

The March crude oil contract ended the month lower than the prior day’s closing price but was still nearly $2 higher than the start of January.

BLM extends comment period for Monument Butte gas project draft EIS

The US Bureau of Land Management will provide an additional 30 days for public comments on the draft environmental impact statement for Newfield Exploration Co.’s proposed Monument Butte natural gas project in eastern Utah.

Range Resources selects chief executive officer

Range Resources Ltd. has named Rory Scott Russell as its chief executive officer.

No major environmental impact from Keystone XL, DOS says

The proposed Keystone XL crude oil pipeline’s construction and operation would not have significant environmental impacts, the US Department of State said in its long-awaited final supplemental environmental impact statement for the 1,700-mile project.

People

Hydraulic fracturing stuck in New York policy vacuum

Persistent institutional indecisiveness by elected officials in New York State has placed the state in the position of not having a statewide policy addressing the issue of energy development as it relates to hydraulic fracturing in the oil and gas industry.

Devon to raise Eagle Ford shale production by 40%

Devon Energy Corp. plans to spend nearly $1.3 billion to increase its Eagle Ford shale production nearly 40% in 2014 as the company begins full-scale development of its new position in the booming South Texas play.

BHP executive details big plans for US shale plays

Australian resource conglomerate BHP Billiton is ramping up its activity in unconventional resource plays in the US. Since entering the US shale business 3 years ago, the company has grown into one of the top producers in the Eagle Ford shale.

Barclays: North America E&P spending expected to rise 7% in 2014, led by US

Following 2 years of tepid growth, North America is poised to see an acceleration of exploration and production spending in 2014 as US operators move into full scale development of unconventional resource plays.

Fracing faces legal and regulatory challenges in 2014

Last year was an eventful one for hydraulic fracturing. Use of the completion technology helped to dramatically boost US oil and gas production—tight oil production from the Bakken and Eagle Ford formations alone increased by 700,000 b/d during the year, and gas production from the Marcellus shale jumped to 13.5 bcfd.

Fate of hydraulic fracturing uncertain in Nova Scotia

The government of Nova Scotia, Canada, was preparing in December to consider legislation that would ban the importation of hydraulic fracturing wastewater into the province.

BAKKEN Briefs

California enacts interim emergency rules for well stimulation treatments

Since 2010, more than 20 states have adopted new laws or regulations specific to hydraulic fracturing, a technology that, along with horizontal drilling, has given exploration and production companies the ability to more economically tap into the US's vast unconventional hydrocarbon formations.

MARCELLUS Briefs

Market Connections

Missouri University of Science and Technology/Geological Sciences and Engineering Department is NOW HIRING: Assistant/Associate Professor of Petroleum Engineering in Reservoir Characterization.

Assistant/Associate Professor of Petroleum Engineering in Reservoir Characterization

Missouri University of Science and Technology/Geological Sciences and Engineering Department is NOW HIRING: Assistant/Associate Professor of Petrol...
IMC Global

Payment Clerk & Office Asst.

IMC is offering a position of Payment Clerk & Office Asst. Earn extra income, Flex. schedule + benefits that takes only little of your time. Re...
Montana Tech

Mechanical Engineering Asst/Assoc Professor

Mechanical Engineering Asst/Assoc Professor; The successful candidates will be responsible to teach undergraduate and graduate Mechanical Engineer...
idahodepartmentofland

STATE OF IDAHO NOTICE OF SALE OF OIL AND GAS LEASES

NOTICE IS HEREBY GIVEN that the State Board of Land Commissioners of the State of Idaho, pursuant to IDAPA 20.03.16, will offer oil and gas leases ...
Increas YOUR Foundational Knowledge of Oil & Gas

Optimizing Careers for Oil and Gas Leaders Through Professional Short Courses at Colorado School of Mines

Optimizing Careers for Oil and Gas Leaders Through Professional Short Courses at Colorado School of Mines

Stay Connected