The U.S. Bureau of Land Management raised $7.19 million on March 26 in a federal lease sale for oil and natural drilling in Utah, Kallanish Energy reports. A total of 111 parcels totaling 148,950 acres were offered, with 90 sold in the agency’s Canyon Country, Green River and West Desert districts. Those 90 parcels covered 135,123 acres.
Read More...An explosion Monday of a section of Enbridge’s Texas Eastern natural gas pipeline in Ohio created a fireball of flame and damaged homes, prompting the evacuation of nearby residents. The explosion appeared to have destroyed two homes, Chasity Schmelzenbach, emergency management director for Noble County, Ohio, told Reuters. Enbridge said two people
Read More...The planned Nigeria-to-Morocco natural gas pipeline (NMGP) faces a myriad of challenges and is “unlikely to materialize in the short or medium-term,” Kallanish Energy learns from analysts at Fitch Solutions Macro Research. The 5,660-kilometer (3,516-mile) combined onshore and offshore pipeline would cross 13 countries along the West African coast, delivering Nigerian gas to Morocco. Following an agreement in December 2016,
Read More...U.S. natural gas usage jumped 10% in 2018, to a record 82.1 billion cubic feet per day (Bcf/d), the Energy Information Administration reported. Domestic consumption of natural gas increased across all sectors in 2018, led by a 3.8 Bcf/d increase in the electric power sector, due to a combination of recent natural
Read More...Argentina’s government has decided to change the country’s subsidy program for unconventional gas development leaving projects in limbo, Kallanish Energy learns from local producers YPF and Pampa Energia. The program, aimed at stimulating investments in the development and production of shale gas, offered companies a subsidy since 2013. Specifically, companies were offered a
Read More...Cats, a web3 game, has recently uploaded a two-part learning session related to productivity on its YouTube channel, and the hidden video codes mission associated with those videos are live. Titled “Productivity Tips!” and “How to Stay Productive”, both the videos have crossed 1 million views just hours after their release. As a game with
Read More...Halcon Resources reported a first quarter 2019 net loss of $336.6 million, or $2.12 per diluted share, as it develops new strategic and financial plans, Kallanish Energy reports. That compares to a Q1 2018 net loss of $2.6 million, or 2 cents a share. The Denver-based company said it generated total revenue of
Read More...Independent oil and gas company Invictus Energy announced Tuesday a Memorandum of Understanding (MoU) with a Zimbabwe-based manufacturer for 20 years of natural gas, Kallanish Energy learns. The gas will come from the Cabora Bassa project, in the onshore Cabora Bassa Basin in Zimbabwe, a joint venture by Invictus (80% ownership) and
Read More...Oil and gas production in the UK is set to grow over future decades, as a report published Monday by the British Oil and Gas Authority (Oga) shows higher projections than previously released offered, Kallanish Energy learns. Last year’s increase in both oil and gas production was 4%, or 1.7 million barrels of oil-equivalent per day
Read More...President Trump’s April 10 Executive Orders are the directives which, as the President said “ends the war on American energy.” One order primarily takes the shackles off energy infrastructure (pipelines) construction, while the second mandates the Environmental Protection Agency to review/modify an “outdated” section of the Clean Water Act that requires applicants
Read More...HOUSTON – There’s a silent battle being waged by no fewer than three groups trying to secure customers and/or funding for underground natural gas liquids storage in the states of Pennsylvania, Ohio and West Virginia. With Shell Chemical pushing hard to have its world scale ethane cracker 30 miles northwest of Pittsburgh operational by the
Read More...After the success of the recent two-part lecture about productivity, the CATS Community has now come up with another YouTube presentation about making money even if you have zero in your pockets. The lecture, named “How to Get Rich Starting From $0”, is divided into two parts; “Get Rich NOW” and “Start From ZERO”, and
Read More...Saudi Arabia and Russia, the world’s biggest oil exporters, will make additional oil supply cuts through the end of August. The post Saudi Arabia, Russia intensify oil supply cuts appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
Read More...Oil and gas companies continue to search for new deposits, reinvesting record profits that resulted from the price surge driven by the Ukraine war. The post Oil and gas companies continue to focus on exploration, despite climate concerns appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
Read More...Eleven new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from June 19 to 25. The post 11 shale drilling permits issued in Ohio, Pa., W. Va. for week ended June 25 appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
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