Articles filed under E&P

While it is putting more emphasis on its utilities longer term, Rapid City, SD-based Black Hills Corp. is focused shorter term on "proving up and capturing substantial value" from its oil and natural gas properties in the Mancos Shale plays in the San Juan and Piceance basins, along with new-found interest in Powder River Basin oil, CEO Dave Emery said Tuesday during a second quarter earnings conference call.

Chevron Corp. unit Chevron Canada Ltd. has agreed to acquire all interests from Alta Energy Luxembourg S.a.r.l. and affiliates in the Duvernay Shale formation in west-central Alberta. The acquired interests cover 67,900 net acres.

Concerned groups like the Environmental Defense Fund (EDF) are raising new greenhouse gas (GHG) emissions concerns related to the North American natural gas production boom, citing a new paper on methane leakage in Utah's Uintah Basin released Monday by researchers at the National Oceanic and Atmospheric Administration (NOAA) and University of Colorado.

Southwestern Energy Co. Marcellus Shale production during the second quarter was more than triple the year-ago level, and the company has been taking steps to get its gas out of the transportation capacity-constrained play. Meanwhile, production from its Fayetteville Shale activities edged up slightly.

Elected officials in Adams County, northeast of Denver, CO, have rejected a land use permit request for the proposed 435-mile, natural gas liquids (NGL) Front Range Pipeline, which is targeted to traverse the county on its way to an interconnection in the Texas panhandle.

Apache Corp., which has been streamlining its North American operations to concentrate on building output from the Permian and Anadarko basins, reported a huge jump in production, and profits, during the second quarter.