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Oil Activity PicksUp, Natural Gas Slows Down Ahead of Thanksgiving Holiday
Shale Daily – Natural Gas Intelligence Nov 23, 2022 | 19:04 pmDriven by gains in the oil patch, the U.S. rig count added two rigs overall to reach 784 during the holiday-shortened work week ended Wednesday (Nov. 23), according to updated numbers published by oilfield services provider Baker Hughes Co. (BKR).[…]
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Oil, Natural Gas Lease Sales Proposed for Nevada and Utah
Shale Daily – Natural Gas Intelligence Nov 23, 2022 | 17:04 pmThe Bureau of Land Management (BLM) has begun a one-month scoping process to take comments on potential oil and natural gas lease sales across parts of Nevada and Utah. The Interior Department agency is reviewing potential auctions for up to[…]
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Iron Horse Expanding Natural Gas Processing in Anadarko Basin
Shale Daily – Natural Gas Intelligence Nov 23, 2022 | 15:15 pmIron Horse Midstream is adding another natural gas cryogenic processing plant at its 120-acre complex in Grady County, OK, in the heart of the Anadarko Basin. The Dallas-based firm said the 200 MMcf/d plant would boost natural gas processing capacity[…]
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Forest Service Working on (Another) Environmental Review to Address Fourth Circuit Court Decision
Shale Daily – Natural Gas Intelligence Nov 23, 2022 | 14:13 pmAs the long-delayed Mountain Valley Pipeline LLC works toward a target in-service date in the second half of 2023, the developer will have to wait until at least next summer to receive an updated environmental review from the U.S. Forest[…]
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Pennsylvania Fines CNX for Production Fluid Spills, Lengthy Cleanup
Shale Daily – Natural Gas Intelligence Nov 22, 2022 | 20:20 pmThe Pennsylvania Department of Environmental Protection (DEP) said a CNX Resources Corp. affiliate has paid a $200,000 fine for allegedly failing to control and properly dispose of production fluids at shale well sites in the southwestern part of the state. […]
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Lesser Prairie-Chicken Listed as Endangered or Threatened in Five States, Posing Oil and Natural Gas Hurdles
Shale Daily – Natural Gas Intelligence Nov 22, 2022 | 18:17 pmThe lesser prairie-chicken, whose habitat is spread across five U.S. states, has been listed as endangered or threatened under the stringent Endangered Species Act (ESA), which may lead to issues for future oil and natural gas development. The U.S. Fish[…]
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Barnett-Focused BKV Readies IPO and More Certified Natural Gas as Demand Grows
Shale Daily – Natural Gas Intelligence Nov 22, 2022 | 14:21 pmBKV Corp., the largest natural gas producer in the Barnett Shale, is planning to go public as global demand soars. The Form S-1 initial public offering (IPO) was filed Friday (Nov. 18) with the Securities and Exchange Commission. The IPO[…]
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Helmerich & Payne Sees Strong Rig Demand in North America, Growing International Business
Shale Daily – Natural Gas Intelligence Nov 21, 2022 | 19:58 pmWith oil and natural gas development rising, Tulsa-based driller Helmerich & Payne Inc. (H&P) is on course to achieve the best economic returns in eight years, CEO John Lindsay said recently. “We are beginning to recognize economic returns at levels[…]
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Oil, Natural Gas Permitting Tick Up in Rockies as Permian, Marcellus Dip
Shale Daily – Natural Gas Intelligence Nov 21, 2022 | 16:20 pmOil and natural gas permitting in the Lower 48 slowed down sequentially in October, although the monthly permit count was up on both a year/year basis and when compared to pre-Covid October 2019 numbers, Evercore ISI data show. Operators filed[…]
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Spire’s Wyoming Natural Gas Storage Expansion Designed to Smooth Out Renewable Volatility
Shale Daily – Natural Gas Intelligence Nov 21, 2022 | 14:32 pmAgainst the backdrop of rising renewable electric generation and the need for more balancing mechanisms, Spire Energy Inc. is close to completing the first phase of a planned natural gas storage expansion near the Opal Hub in Wyoming. Spire Storage[…]
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