The number of earthquakes east of the U.S. Rocky Mountains has increased dramatically since 2009, coinciding with the increase in oil and natural gas production from shale formations, according to the U.S. Geological Society.
A coalition of environmental groups is asking the Federal Energy Regulatory Commission to conduct a formal investigation of the under-construction Rover Pipeline and the environmental problems created in Ohio, Kallanish Energy reports.
Midstreamer Crestwood Equity Partners and private equity firm First Reserve, via joint venture Crestwood Permian Basin Holdings, has completed the acquisition of Crestwood’s Willow Lake gathering/processing assets in Eddy County, N.M., assets valued at $151 million.
Noble Midstream Partners said it’s entered into a deal to acquire additional interests in Colorado River DevCo and Blanco River DevCo in a dropdown transaction valued at $270 million, from sponsor Noble Energy.
The Trump administration announced on Tuesday that it will enforce Obama-era regulations on methane venting and flaring from oil and natural gas production on public lands, while it seeks to rewrite the rule to be more industry friendly, Kallanish Energy reports.
Not only must the oil and gas industry educate the general public on the science behind hydraulic fracturing, horizontal drilling, etc., just as important is teaching current/potential employees on what the industry offers.
U.S. shale oil production is forecast to end 2017 at 5.6 million barrels per day (MMBPD), which is over 1 MMBPD higher than at the end of 2016. But the pace of growth in 2018 will slow down, energy consulting firm ESAI Energy said in a new report on Tuesday.