More Unconventional News

Growing NGL production alters regional pipeline flows, spurs new gas processing capacity in Utica

Feb 1, 2014

Midstream companies like MarkWest Energy are working hard to increase gas gathering, processing, fractionation, and takeaway capacity to service the rising amount of wet gas production from growing shale plays in the Northeastern US.

Ohio regulators begin collecting production data on quarterly basis

Feb 1, 2014

Operators in Ohio must submit production data for horizontal wells to the Ohio Department of Natural Resources more frequently in 2014, thanks to a measure contained in the state's biennial budget bill signed into law by Gov. John Kasich (R) last summer.

Guernsey County lays groundwork for rising Utica shale drilling activity

Feb 1, 2014

When word first got out that the rural city of Cambridge, Ohio, sat atop a bounty of resources in the Utica shale, the president of the local chamber of commerce wasted no time laying the groundwork for the expected push for development.

EAGLE FORD Briefs

Feb 1, 2014

Cabot fuels Marcellus operations with gas

Feb 1, 2014

Cabot Oil & Gas Corp. is reducing costs and lowering emissions at its Marcellus shale operations by using natural gas as fuel for its equipment.

Baker Hughes: US drilling rig count climbs to 1,785

Jan 31, 2014

The US drilling rig count gained 8 units to reach 1,785 rigs working during the week ended Jan. 31, Baker Hughes Inc. reported.

ConocoPhillips reports higher 2013 earnings, expects higher production in 2014

Jan 31, 2014

ConocoPhillips reported full-year earnings of $9.2 billion in 2013, an increase from the $8.4 billion totaled in 2012, which included $1.2 billion from downstream operations before the separation of Phillips 66 on Apr. 30.

WBI launches Dakota natural gas pipeline open season

Jan 30, 2014

WBI Energy Inc., a subsidiary of MDU Resources Group Inc., has launched an open season for its planned 375-mile Dakota natural gas pipeline running from western North Dakota to northwestern Minnesota.

Apache plans further development for active Egyptian program

Jan 30, 2014

Apache Corp. has applied for licenses to develop two recent discoveries in the Western Desert of Egypt, where drilling now includes horizontal wells targeting conventional and unconventional resources.

Statoil, PTTEP to divide oil sands stakes

Jan 30, 2014

Statoil AS and PTT Exploration & Production (PTTEP) of Thailand have agreed to divide their interests in the multiarea Kai Kos Dehseh (KKD) oil sands project about 120 km south of Fort McMurray, Alta.

Southcross starts construction on new Eagle Ford pipeline

Jan 30, 2014

Southcross Energy Partners LP has begun construction on the $125 million, 300-MMcfd Webb pipeline in the rich gas area of the Eagle Ford shale in South Texas.

E&Y: Unconventional resources largest source of US oil, gas growth in 2013

Jan 29, 2014

Unconventional resources in the US constituted the oil and gas industry’s largest source of growth in 2013—a trend that’s expected to continue into 2014, Ernst & Young indicated in its US quarterly outlook.

Hess to sell Utica acreage for $924 million

Jan 29, 2014

Hess Corp. has agreed to sell 74,000 acres of its dry gas acreage in the Utica shale to an undisclosed buyer for $924 million.

PwC: US M&A activity down in 2013 despite strong finish

Jan 28, 2014

The US oil and gas industry finished 2013 strong when it came to mergers and acquisitions, but the late-year push to a total of 182 deals totaling $115.9 billion wasn’t enough to match the 212 deals worth $152.8 billion in 2012, PwC US Energy Practice said in a report released Jan. 28.

Blue Racer signs midstream agreements; Natrium II done in March

Jan 27, 2014

Blue Racer Midstream LLC, a joint venture of Dominion Resources and Caiman Energy II LLC, entered into long-term agreements with Utica shale natural gas producers to provide comprehensive, integrated midstream services from liquids-rich acreage in Monroe, Noble, Guernsey, Belmont, Harrison, and Carroll counties, Ohio.

Baker Hughes: US drilling rig count remains at 1,777

Jan 24, 2014

The US drilling rig count was unchanged from a week ago with 1,777 rigs working during the week ended Jan. 24, Baker Hughes Inc. reported.

Hess reports $5.8 billion capital budget for 2014

Jan 24, 2014

Hess Corp. reported that its exploration and production capital budget for 2014 is expected to reach $5.8 billion, almost have of which, $2.85 billion, will be spent on unconventional shale resources.

Suncor reports oil sands employee fatality

Jan 23, 2014

Suncor Energy Inc. reported a fatality occurred Jan. 19 at its oil sands site after an employee was unable to be located earlier in the day.

Baker Hughes: US drilling rig count jumps to 1,777

Jan 17, 2014

Land rigs accounted entirely for the sharp 23-unit increase in the US drilling rig count during the week ended Jan. 17, Baker Hughes Inc. reported. The US now has 1,777 rigs working.

Feedstock menu expands at Nova’s Corunna plant

Jan 16, 2014

Nova Chemicals Corp., Calgary, has started processing its first ethane supplies sourced from Marcellus shale at its Corunna, Ont., refinery and petrochemical complex.

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