New Mexico watching as Texas considers limits on oil production
Laws governing oil production in New Mexico stem from the Oil and Gas Act of 1935, which, among many other things, suggests the state can impose statewide caps on oil production, as well as more explicitly allowing it to cap output at specific reservoirs or “pools” of oil to “prevent waste.” If p ...Oil and gas industry faces huge loss
BY KEVIN ROBINSON-AVILA AND DAN BOYD / ALBUQUERQUE JOURNAL STAFF WRITERS Published: Thursday, March 19th, 2020 at 5:04pm Updated: Thursday, March 19th, 2020 at 9:55pm " Copyright © 2020 Albuquerque Journal With oil prices plunging to their lowest level in 22 years, state legislators are proje ...Pennsylvania’s Natural Gas Production Continues to Increase
Source: U.S. Energy Information Administration, Natural Gas Monthly Pennsylvania's marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the 2016 level. This production is largely from shale plays in the Appalachian Basin . Penns ...Dr. Daniel Fine: Oil and Gas: A Look at What 2018 May Bring
Trump leads mass deregulation effort; comeback seen for San Juan Basin by Dr. Daniel Fine The price of oil in 2018 will be volatile with commodity market traders selling on signals of OPEC-Russia “cheating” or members producing more oil than the extended Algiers Agreement output quotas. This shou ...Dr. Daniel Fine on Oil and Gas: Prices and Supply Short of War in Middle East
One day after the OPEC annual meeting, although composed for publication two weeks ago, this column moves the clock forward to early 2018. There is a background noise of regional “hybrid war” intruding on the market price of World and West Texas Intermediate oil. Most analysts both commercial and ...Judge overturns decision on Pennsylvania water pollution
In an unusual move, a federal judge has overturned a US$4.24 million jury award and has ordered a new trial in the case of two Pennsylvania families who alleged that their water had been polluted by hydraulic fracturing being carried out by Marcellus shale driller Cabot Oil & Gas. Magistrate Judge ...Diversified Gas & Oil - Acquisition of producing Gas and Oil Wells in Ohio and Pennsylvania
Acquisition of producing Gas and Oil Wells in Ohio and Pennsylvania Complementary acquisition adds scale in existing operating geography and will increase 2017 daily production to approximately 5,400 BOEPD Diversified Gas & Oil PLC (AIM: DGOC), a US based gas and oil producer, is pleased t ...
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