Articles filed under E&P

City of Dallas officials are inching toward a conclusion to the long-running debate over how large to make the buffer zone around would-be well sites within the city. One proposal could effectively prevent drilling within the city limits, an industry advocate said.

Spectra Energy Transmission's Texas Eastern Transmission announced an expansion to serve industrial markets in South Louisiana by Spring 2015 with shale gas supplies from multiple basins. An open season runs through Sept. 27.

Anadarko Petroleum Corp. is setting the wheels in motion to accelerate U.S. onshore drilling following the $2.64 billion cash sale for part of its offshore Mozambique natural gas project.

Cardinal Energy Group has agreed to purchase from Kansas Petroleum Resources LLC a 100% working interest in oil and natural gas leases in Kansas that cover about 17,000 acres in Pawnee and Hodgeman counties and other operational assets. The wells to be acquired are within the oil producing zones of the Mississippian Lime formation, Lansing-Kansas City limestone formation, the Cherokee Sand Basin and the Permian Chase Group formations. Financial terms of the deal were not released. The acquisition is part of Cardinal's ongoing plan "to build a portfolio of oil and gas properties in the continental United States that are poised for further development," the company said. The assets include 3-D seismic surveys, 19 vertical oil-producing wells and two water disposal wells that have been drilled into the Arbuckle formation, according to Cardinal CEO Timothy Crawford. Upon completion of the acquisition, Cardinal's annual oil production is expected to increase by at least 300 b/d.

Last year's 50-year oil production record in Colorado may be broken again this year, according to the latest production statistics from the Colorado Oil and Gas Conservation Commission (OGCC). The statistics cover January through May.

Production of crude oil, natural gas and condensate out of the Barnett Shale all continued to decline in June compared to both the previous month and to June 2012, according to data from the Railroad Commission of Texas (RRC).

The energy security risk faced by the United States as quantified by the U.S. Chamber of Commerce fell 6.6% last year from 2011, ending a two-year run of increases, thanks mainly to oil and natural gas production from shale plays, the Chamber's Institute for 21st Century Energy said Wednesday.

Last year, Colorado's oil and natural gas industry injected $29.6 billion into the state's economy, supporting 110,000 mostly high-paying jobs, according to a study released Monday by a research unit at the Leeds Business School, University of Colorado (UC), Boulder.

Meritage Midstream Services II LLC has bought Thunder Creek Gas Services LLC and its more than 500 miles of gathering pipelines in Wyoming's Powder River Basin, the company said Tuesday.

The Wyoming congressional delegation Monday asked Interior Secretary Sally Jewell to exempt Wyoming and other western states currently regulating hydraulic fracturing (fracking) from the Bureau of Land Management's (BLM) final rule on the practice, saying not to do so would delay permitting and discourage production on public land.