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Exclusives

Oil, gas leases of state lands plummet in November

The number of leases awarded in November for oil and gas production on state lands plummeted sharply from the previous month. According to Jennifer Larino for the Times-Picayune, oil and gas lease rights on state and local lands brought in just $69,330 from three companies. Those three companies purchased four of the available seven allotted tracts in the November sale, ...

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Fracking’s dormant health risk

Sand used for fracking is continuing to pose a serious danger to oil field workers, and newly proposed regulations by the government are actually hindering the issue, not helping it, according to Nancy Lofholm of the Denver Post. Three years ago, government overseers of workplace safety first noted the sand problem and even issued a hazard alert a year later ...

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Natural gas, oil production projections for December

Natural gas production amongst the top shale plays in the United States will continue to rise through the end of the year, according to the Energy Information Administration (EIA). Oil production is also predicted to be on the rise. Leading the way in natural gas production is the Marcellus Shale play. According to the EIA’s latest Drilling Productivity Report (DPR), ...

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Parsley Energy share prices are lookin’ good

stocks

Parsley Energy Inc. witnessed its share price rise by nine percent on its quarterly earnings report and exceeded what analysts expected the company to earn during the quarter. According to documents filed with the U.S. Securities and Exchange Commission, on Wednesday Parsley Energy, an Austin-based oil and gas company, saw its share price increase by $1.47 (or nine percent) and ...

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Largest ‘shale-quake’ in Kansas reported

seismic

It has recently been suggested that wastewater injection wells, a byproduct of hydraulic fracturing, are directly linked to a strange surge of earthquake activity across the country.  Parallel to its increase in well drilling, there has recently been an increase in earthquake activity in Kansas and Oklahoma. Yesterday portions of Kansas, Oklahoma and Arkansas experienced a 4.8 magnitude earthquake, one ...

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Is your company ready for $50/barrel prices?

When it comes to the price of oil, how low can you go? Next Wednesday, PricewaterhouseCoopers LLP (PwC) will host a webinar titled, Fit for $50 oil: Is your company in shape? The Webcast will explore the dynamic levers impacting the current price of oil and how companies can stay afloat as prices continue to slip downward. PwC’s Energy practice ...

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Non-profit launches oil and gas tracking app

FracTracker Alliance has announced the release of its free iPhone app which is designed to gather and share experiences related to oil and gas drilling across the United States. Innovation can be seen across the oil and gas industry, and with increasing activity in unconventional drilling across the nation, FracTracker is offering a novel way for citizens to track, monitor, ...

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Shooting leads to 4 arrests in Watford City

handcuffs

A 21-year-old woman was arrested on Saturday for shooting a 27-year-old man, Pacer Coleman, of Alvarado, Texas in the face outside of the Value Place Inn in Watford City. Through finding Kimberly Nichole Pomeroy, police also ended up arresting her roommates who were also allegedly distributing methamphetamine. Forum news service reports that Pomeroy has been charged with attempted murder, conspiracy ...

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States are choosing sides on looming EPA lawsuit

EPA

As a lawsuit presses forward over the Obama Administration’s pollution regulation over power plants, 14 states and the District of Columbia have signed on in support of the Environmental Protection Agency (EPA) and their recent climate change-related litigation. The Hill reported that Murray Energy took up a lawsuit against the EPA calling the carbon reducing litigation actions “illegal, irrational, and ...

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