ONEOK has announced investment plans for USD 605m to 785m which include building a 200-million cubic feet per day natural gas processing facility which will process natural gas produced from the Bakken Shale in the Williston Basin. read more ..
Fifty-one percent of voters oppose the Department of Environmental Conservation allowing fracking to move forward in parts of upstate New York while 35 percent support the initiative, according to a poll. read more ..
According to a new study, scientists, industry representatives and policymakers must collaborate closely on minimising damage to the natural world from shale gas development. read more ..
PDC Energy will sell its fifty per cent interest in PDC Mountaineer, a Marcellus Joint Venture, to Mountaineer Keystone Energy for approximately USD 250m. It has also bought 13,000 net acres in the Utica Shale play.
Whiting Petroleum Corporation’s production in the second quarter of 2014 totaled a record 10 million barrels of oil equivalent (MMBOE), of which 88 per cent was crude oil/natural gas liquids.
Madalena Energy plans to execute a delineation strategy on the company's unconventional shale and tight sand resources within the Neuquén basin in Argentina.
“North Dakota is a booming market for civil engineering and construction, driven largely by the Bakken shale play and agriculture," said Scott Whaley, regional sales manager.
The Marcellus Shale Coalition released the results of its annual workforce survey. The findings – based on 2013 data – were provided by a large majority of MSC member companies, representing nearly 95% of Pennsylvania’s shale production.
Australia’s Central Petroleum has begun work on the first of three wells in the Southern Georgina Basin of Queensland and now hopes to explore a fourth site in the Northern Territory.
The Ukrainian army is helping to secure a shale gas production site near Sloviansk in order to push ahead with hydrofracking efforts, according to a Russian news source.
The UK government has said it has put in place an effective planning system to support unconventional oil and gas production. It has amended regulations to streamline notification requirements and the calculation of fees to speed up the determination of planning applications.
Oil production from shale formations in North Dakota and Texas increased by more than 33% in June, according to Bentek Energy, most likely attributable to the rise in returns producers are realising in these basins.
eCORP is planning on improving its technologies that eliminate the large quantities of water and chemical additives typically used in hydraulic fracturing.
The City of Longmont, Colorado is reviewing its legal options after a Boulder County District Court judge struck down the City’s restriction on fracking.
Finance expert Alan Kohler discusses how the shale boom in the US and Australia has opened up growth opportunities for investors.
According to Pennsylvania's Auditor General Eugene DePasquale, the growth of the shale gas industry caught the Department of Environmental Protection unprepared to effectively administer laws and regulations to protect drinking water and respond to citizen complaints.
"Our operations in the Marcellus continue to meet expectations across our acreage position," said CEO Dan O. Dinges, adding that "we recently placed on production three pads that encompass the northern and eastern most reaches of our acreage with great success."
The increase in natural gas supply and demand is driving the need for transport capacity from the Marcellus and Utica shale plays to growing demand centers on the Gulf Coast, the company said.