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Florida Could Add Offshore Drilling Ban to State’s Constitution in Upcoming Election
November 1, 2018
Florida voters could add a near-shore oil-drilling ban to the state’s constitution this November — reinforcing a prohibition already in state law. Amendment 9 on the Nov. 6 ballot would add constitutional language to bar “drilling for exploration or extraction
Oil Output on Federal Lands Hits Record During Trump’s Second Year
November 1, 2018
By the end of Obama’s second term, the number of new wells drilled on federal lands fell 83 percent from 2008, according to Bureau of Land Management (BLM) data from 2017. New leases fell 78 percent and the number of
Denbury Resources to Acquire Penn Virginia for $1.7 Billion
November 1, 2018
Eagle Ford Shale oil and gas driller Penn Virginia Corp. is being bought by Plano-based Denbury Resources Inc. for $1.7 billion, including debt. The Houston oil and gas driller Penn Virginia Corp. was bought Sunday in a stock and cash
Deloitte: Oil and Gas Optimism Rises for 2019
November 1, 2018
The industry has finally moved past years of “cautious optimism” to a less delicate approach. Oil and gas executives are largely optimistic about the 2019 outlook for the industry, reveal findings from a new Deloitte survey. According to Deloitte’s 2018
PUC Approves Minnesota Power’s Planned Natural-gas Plant
November 1, 2018
Minnesota regulators voted in favor of Minnesota Power’s proposed $700 million natural gas plant in Superior. At a meeting in St. Paul Monday afternoon, the Minnesota Public Utilities Commission voted 3-2 to approve Minnesota Power’s proposed Nemadji Trail Energy Center,
Mach Resources and BCE Enter Oil and Gas Partnership Focused on Western Anadarko Basin
October 31, 2018
Mach Resources and Bayou City Energy Management (BCE) have formed BCE-Mach II LLC. The partnership will focus on acquisition opportunities of low-risk, high cash flowing oil and gas properties with drilling inventory in the Western Anadarko Basin spanning across western
Wild Well Control to Offer New Onsite Rig Crew Training Service
October 31, 2018
Wild Well Control, Inc., a Superior Energy Services company and a global leader in well control and engineering services, will offer well control training to drilling rig crews onsite with its rigsite well control Crew Training Unit. Wild Well is
EPA Praises Reduced Regulations at Shale Insight Conference Held in Pittsburgh, Pa.
October 30, 2018
The head of the federal agency tasked with protecting the environment told representatives of shale and natural gas companies he wanted to put innovation in the industry ahead of regulation. Andrew Wheeler, the acting administer of the Environmental Protection Agency,
Marcellus and Utica Shales Driving Natural Gas Electricity Growth in PJM Market
October 30, 2018
A new U.S. Energy Information Administration (EIA) report this week finds the PJM Interconnection, which is the United States’ largest competitive wholesale electricity market, increased its natural gas capacity from 2013 to 2017 by about 18 percent – more than
Former NSA Director: Shale Gas Boom has Boosted National Security
October 30, 2018
Admiral Michael Rogers — former director of the National Security Agency and commander of the U.S. Cyber Command — closed the two-day Shale Insight Conference by looking a the shale boom from his perch: national security. His wife hails from
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