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Denton, TX, Votes Fracking Out, Lawsuits In

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Top_10_Oklahoma_Earthquake_Counties-20141031-v2

Oklahoma Temporarily Shuts Deep Disposal Well After Cushing Quakes

October 31, 2014
Richard Nemec
Seeking the cause of an increased number of small earthquakes, Oklahoma officials temporarily shut a disposal well that had been drilled too deep near the Cushing, OK, oil pipeline and storage hub (see Shale Daily, Oct. 15). While not assigning blame, they said the depth of the disposal well could have contributed to the outbreak of seismic activity. Read More
WTI_vs_NYMEX-20141009

Declining Crude Prices May Cause Pause in Onshore Boom, Say Analysts

October 9, 2014
Carolyn Davis
Stagnant natural gas prices led exploration and production companies to move their drillbits to more lucrative liquids. Now, declining crude prices... Read More

U.S. Tight Oil Plays Accelerating M&A Activity

September 16, 2014
Carolyn Davis
North American upstream merger and acquisition (M&A) activity accelerated in the first half of this year from a year ago, dominated by onshore tight oil transactions in the United States, according to BMO Capital. Read More

Limited Injections Allowed to Resume at Suspect Colorado Wastewater Well

July 18, 2014
Richard Nemec
Reflecting a growing caution in the oil/natural gas sector to temblors, the Colorado Oil and Gas Conservation Commission (COGCC) has ordered changes in a wastewater injection site in Weld County, asserting that actions at the location are deemed to be potentially related to nearby low-level seismic activity. Read More

Colorado Disposal Well Shut for Seismic Investigation

June 26, 2014
Richard Nemec
The Colorado Oil and Gas Conservation Commission (COGCC) on Tuesday ordered operation of a wastewater disposal well to cease temporarily while recent seismic activity in Weld County is assessed to determine whether there is a link to the well. Read More

Texas House Earthquake Panel Holds First Hearing

May 13, 2014
Joe Fisher
Minor earthquakes blamed on drilling waste disposal wells have been shaking up small towns overlying the Barnett Shale of North Texas for a while now. On Monday, state lawmakers put their ears to the ground during the first hearing of a subcommittee formed on the matter, hearing from local mayors, academic, environmental, regulatory and industry representatives. Read More

145 Quakes in Oklahoma Since January, U.S./State Jointly Report

May 6, 2014
Richard Nemec
Concluding there could be a tie to oil and natural gas production activity, U.S. and Oklahoma Geological Survey officials jointly reported Monday that 145 3.0-magnitude or stronger earthquakes have occurred in the state so far this year. Read More

Healthy Natural Gas, Oil M&A Market Continues in North America

April 17, 2014
Carolyn Davis
More stable commodity prices, private equity (PE) interest and a more focused portfolio approach by explorers led to a healthy merger and acquisition (M&A) market for oil and natural gas in the first quarter, with the United States taking more than a one-third share. Read More

Fracking Not Responsible for Quakes, Professor Says

April 17, 2014
Richard Nemec

Considering the amount of fracking going on in the United States, any coincident increase in related seismic activity is relatively small, an engineering professor and fracking entrepreneur told an audience at the Conference of Western Attorneys General's Colorado Energy Summit on Wednesday.

Read More
quake0408

Geologic, Regulatory Aftershocks from Latest Oklahoma Quakes

April 8, 2014
Richard Nemec
More earthquakes jolted parts of central Oklahoma Saturday, prompting added speculation about the ties between the quakes and oil and natural gas drilling wastewater injection processes. Although small in magnitude -- measuring 2.6-4.0 on the Richter Scale -- the frequency of the tremors has already surpassed 2013 totals, according to the Oklahoma Geological Survey (OGS). Read More

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