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Barnett Shale | Fayetteville Shale | Haynesville Shale | Marcellus Shale

Carper wants fresh look at taxation of natural gas property

CHARLESTON, W.Va. -- Kanawha County Commission President Kent Carper said he wants the county to re-examine the value it places on natural gas interests. Full the full story click here.

Posted on Wednesday, December 3, 2008 at 02:57PM by Registered CommenterBill Sinclair in , | CommentsPost a Comment | EmailEmail
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Oil, gas companies say credit, not falling prices, worries them most

Oil and gas companies say the credit crunch is a bigger worry than falling petroleum prices, even though few say they have canceled or significantly delayed exploration projects and even fewer expect to cut field staff, according to a new survey by consultant BDO Seidman. For the full story click here.

Posted on Wednesday, December 3, 2008 at 09:16AM by Registered CommenterBill Sinclair in | CommentsPost a Comment | EmailEmail
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Hundreds pack council chamber on Fort Worth drilling ordinance

FORT WORTH — In front of a packed chamber Tuesday night, the City Council began piecing together a new gas drilling ordinance from a list of competing proposals. For the full story click here.

Posted on Wednesday, December 3, 2008 at 09:14AM by Registered CommenterBill Sinclair in , | CommentsPost a Comment | EmailEmail
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Oil & Gas Task Force Holds Their First Public Meeting

Midland - The Oil & Gas Task Force, created by the Midland City Council in August, held it's first public meeting on Tuesday. Chairman Chuck Hedges called for public comment. Just one independent contractor addressed the committee. Members vowed to beef up publicity for the next meeting scheduled for December 15th at 5:30 p.m. According to the August City Council minutes, Mayor Wes Perry expects to see more applications to drill inside the city limits. The ad hoc task force must make recommendations that will facilitate both oil and gas development and real estate development in the city. Members said Tuesday, they expect to make those recommendations by February. For the full story click here.

Posted on Wednesday, December 3, 2008 at 09:04AM by Registered CommenterBill Sinclair in | CommentsPost a Comment | EmailEmail
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Legislator seeks drilling rights at historic site

A state lawmaker wants to encourage natural gas drilling at the state historic site where the first commercial oil well was drilled 150 years ago. For the full story click here.

Posted on Monday, December 1, 2008 at 05:28PM by Registered CommenterBill Sinclair in , | CommentsPost a Comment | EmailEmail
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ENERGY: Marcellus Shale: It's a gas, gas, gas

A natural gas-rich rock formation in the Southern Tier could be New York's next economic bonanza, but without care it could be an environmental bust. For the full story click here.

Posted on Monday, December 1, 2008 at 05:25PM by Registered CommenterBill Sinclair in , | CommentsPost a Comment | EmailEmail
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As the Future Brightens for Lease-Signing Landowners, Questions and Challenges Remain

Stretching hundreds of miles from New York to West Virginia, it is estimated that the Marcellus Shale holds as much as 516 trillion cubic feet of natural gas in pockets more than a mile underneath the earth’s surface. For the full story click here.

Posted on Monday, December 1, 2008 at 05:24PM by Registered CommenterBill Sinclair in | CommentsPost a Comment | EmailEmail
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Energy companies plan for regional pullout

The lights are dimming on Northwest Colorado’s energy future. Energy companies across the country are reducing their capital budgets, and there are issues discouraging development in the Rocky Mountain states, despite the area’s wealth of resources. For the full story click here.

Posted on Monday, December 1, 2008 at 05:22PM by Registered CommenterBill Sinclair in | CommentsPost a Comment | EmailEmail
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Offers erode for land rich in resources

The bottom has dropped out of sale and leasing offers to property owners sitting above huge deposits of natural gas in Western Pennsylvania, industry officials and experts say. For the full story click here.

Posted on Monday, December 1, 2008 at 05:21PM by Registered CommenterBill Sinclair in | CommentsPost a Comment | EmailEmail
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Drilling Boom Revives Hopes for Natural Gas

American natural gas production is rising at a clip not seen in half a century, pushing down prices of the fuel and reversing conventional wisdom that domestic gas fields were in irreversible decline. For the full story click here.

Posted on Monday, December 1, 2008 at 05:18PM by Registered CommenterBill Sinclair | CommentsPost a Comment | EmailEmail
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