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Lower 48 Energy Operators Likely to Benefit from WOTUS Overhaul
NGI Shale Daily Jan 23, 2020 | 20:07 pmThe oil and natural gas industry reacted favorably to the Trump administration’s delivery on a promise to reduce environmental oversight of U.S. waters by issuing final rules Thursday that are certain to draw litigation.
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Unconventional Production Dodges Trespass Claims in Key Pennsylvania Ruling
NGI Shale Daily Jan 23, 2020 | 17:58 pmThe Pennsylvania Supreme Court this week handed what for now is a key victory to Appalachian producers, finding that in some instances they may not be held liable for subsurface trespass by extracting oil and natural gas using hydraulic fracturing[…]
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North American E&Ps Facing Debt Challenges Again as Natural Gas, Oil Prices Languish
NGI Shale Daily Jan 23, 2020 | 16:04 pmNatural gas prices continue to languish and oil prices have failed to strengthen despite recent geopolitical events, indicating more North American energy operators may face restructuring or bankruptcy through the first half of 2020, according to Haynes and Boone LLP.
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Questerre Adds More Utica Shale Prospects in Quebec
NGI Shale Daily Jan 23, 2020 | 14:05 pmA marathon campaign to revive dormant natural gas drilling in Quebec advanced a step in an asset transaction...
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FERC Greenlights Construction of NGPL's Permian Pipeline Extension Project
NGI Shale Daily Jan 22, 2020 | 19:47 pmNatural Gas Pipeline Company of America LLC (NGPL) has been given a green light by FERC to begin building its Lockridge Extension Pipeline project, which would traverse Ward, Reeves and Pecos counties in Texas’ Permian Basin and provide up to[…]
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As DUCs Decline, U.S. Sand Demand Seen Returning, with In-Basin Capacity Outpacing NWS
NGI Shale Daily Jan 22, 2020 | 19:43 pmA fall off in Lower 48 exploration activity has slammed the sand mining sector, but some stability should return this year, according to Moody’s Investors Service.
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Rover Pipeline Says Able to Increase Appalachian Capacity at No Cost
NGI Shale Daily Jan 22, 2020 | 19:42 pmEnergy Transfer LP affiliate Rover Pipeline LLC wants to slightly increase capacity on the 713-mile system that serves natural gas producers in the Marcellus and Utica shales.
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Permian Pushes New Mexico to Record $3.1B in Oil, Natural Gas Revenue
NGI Shale Daily Jan 22, 2020 | 14:08 pmWith New Mexico’s portion of the prolific Permian Basin in full gear, the state reported record revenue...
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Oil, Natural Gas Production Growth From Key Onshore Plays Nearly Flat Next Month, Says EIA
NGI Shale Daily Jan 21, 2020 | 20:40 pmOil and natural gas production from seven of the United States' most prolific onshore unconventional plays is expected to increase in February compared with January, but at a markedly slower pace than in the recent past, according to the Energy[…]
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Enterprise’s Mentone Natural Gas Plant Starts Up in Permian
NGI Shale Daily Jan 21, 2020 | 19:38 pmWith an eye on connecting Permian Basin producers to domestic and international markets, Enterprise Products Partners LP (EPD) has started commercial operations at a cryogenic natural gas processing plant in Loving County, TX.
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