Category: Natural gas

Report: 10 percent more Eagle Ford wells this year

Operators working in the Eagle Ford Shale started drilling 2,364 new wells in the first six months of the year, according to the latest Baker Hughes Well Count.  More »

Denton’s proposed fracking ban likely to go to voters

As Denton considers permanently banning hydraulic fracturing within city limits, the state’s oil and gas regulator has weighed into the fray, arguing the move would undercut one of the key pillars of the Texas economy.’  More »

U.S. gasoline prices at 3-month lows

The average price for a gallon of gasoline in the U.S. is $3.61 a gallon,  More »

Houston electricity retailer launches $63 million IPO

Houston-based electricity and gas retailer Spark Energy launched its initial public offering Monday seeking $57 million to $63 million.  More »

Exterran to buy compressor units from Chesapeake for $135M

Exterran Partners plans to spend $135 million to buy another round of Chesapeake Energy’s midstream compression units, equipment used to push freshly extracted natural gas into pipelines.  More »

Workshops on reporting problems set for Eagle Ford

The Laredo-based nonprofit Rio Grande International Study Center and the Environmental Defense Fund plan five free workshops in the Eagle Ford Shale region to teach residents and workers what to do if they have concerns about oil and gas development.  More »

U.S. Imposes duties on steel pipe imports from South Korea

he U.S. Commerce Department set duties from 9.89 percent to 15.75 percent on Korean pipe, which is used in oil drilling, according to a fact sheet released today by the agency. Last year, pipe worth $818 million was exported to the U.S. from South Korea.  More »

Houston LNG startup to sell to Exelon Corp.

A Houston-based startup aiming to export U.S. liquefied natural gas is planning to sell itself to power generator Exelon Corp., the firm’s founder confirmed Friday.  More »

Oil price falls 2 percent, biggest drop since April

U.S. crude for August delivery fell $2.10 cents to close at $100.83 a barrel.  More »

Lawmakers weigh in on debate about natural gas labels

Policymakers are trying to figure out how to measure consumer natural gas fuels.  More »

Oil rises for first time in 2 weeks

Crude for August delivery gained 64 cents to $102.93 a barrel.  More »

New “peaking” power units coming to Texas

East Texas-based Navasota Energy plans to build natural-gas fired “peaking” units in Guadalupe and Wilson counties capable of quickly sending power to the Texas grid at times of heavy demand.  More »