EIA releases new maps detailing the structure of the Marcellus Shale The Energy Information Administration (EIA) today released updated geologic maps of the Marcellus formation. Well data was used to construct maps showing the formation, extent and structure of the productive and prospectively productive regions of the Marcellus. Natural gas production from the Marcellus shale formation in the Appalachian basin
Story by CNN Andrew Getty, the 47-year-old grandson of J. Paul Getty, died Tuesday afternoon in his home in Los Angeles, according to a statement from his mother and father. Ann and Gordon Getty also “requested that members of the media and the public respect (the family’s) privacy during this extremely difficult time,” the statement added. Getty’s death “appears to
Story by Reuters Oasis Petroleum Inc may take on joint venture partners or create a master limited partnership (MLP) for a $200 million North Dakota gas processing plant, President Taylor Reid said on Wednesday. The plant, which would process gas from the Wild Basin portion of North Dakota’s Bakken shale formation, could be finished as soon as 2017. “We have
Story by Reuters German cabinet has decided to allow shale gas fracking in Germany, but only under strict regulation and for testing purposes. Even so, lawmakers criticized the proposed bill for not being strict enough. According to the government proposal, fracking should be prohibited in so-called sensitive regions such as nature parks or water bore areas, and in depths above
– $17 billion book value of assets and $15 billion of secured growth projects under development proposed to be transferred – Accretion expected to add 10% to Enbridge adjusted earnings per share from 2015 through 2018 – EIFH dividend growth rate expected to average 10% per year from 2015 to 2019 CALGARY, ALBERTA–(Marketwired – March 31, 2015) – Enbridge Inc. (TSX:ENB)
CALGARY, ALBERTA–(Marketwired – April 1, 2015) – DEETHREE EXPLORATION LTD. (“DeeThree” or the “Company“) (TSX:DTX)(OTCQX:DTHRF) is pleased to announce results from its latest Alberta Bakken horizontal well 11-20-3-16 W4M. This is the first well designed specifically to optimize the Company’s ongoing gas re-injection Enhanced Oil Recovery (“EOR”) scheme. The 2,000 meter horizontal lateral well was drilled in the base of
Bonterra Energy Corp. Confirms Cash Dividend for March 2015 Payable April 30, 2015 Bonterra Energy Corp. (www.bonterraenergy.com) (BNE.TO) announces that the March 2015 monthly cash dividend will be $0.15 per share and will be paid on April 30, 2015. The record date for the dividend is April 15, 2015 and the ex-dividend date is April 13, 2015. The dividend is
DeeThree Exploration Ltd. Announces Significant EOR Supported Alberta Bakken Well Test DEETHREE EXPLORATION LTD.(“DeeThree” or the “Company“) (DTX.TO)(DTHRF) is pleased to announce results from its latest Alberta Bakken horizontal well 11-20-3-16 W4M. This is the first well designed specifically to optimize the Company’s ongoing gas re-injection Enhanced Oil Recovery (“EOR”) scheme. The 2,000 meter horizontal lateral well was drilled in
Breitburn Energy Partners Announces Monthly Cash Distributions for Common and Preferred Units Breitburn Energy Partners LP (BBEP) announced today a cash distribution of $0.04166 per common unit for the first month attributable to the first quarter of 2015, payable on April 17, 2015, to record holders of its common units at the close of business on April 13, 2015. This
CALGARY, AB–(Marketwired – April 01, 2015) – (TSX: ECA) (NYSE: ECA) Encana Corporation (“Encana”) and the Cutbank Ridge Partnership (“CRP”), a partnership between Encana and a subsidiary of Mitsubishi Corporation, have completed the previously announced sale of certain natural gas gathering and compression assets supporting development in the Montney area of northeastern British Columbia to Veresen Midstream Limited Partnership (“Veresen
Fortis Energy Services has been named Oilfield Services Company of the Year by the Oil & Gas Awards in recognition of the company’s health, safety and environmental programs, operational excellence, innovation and corporate social responsibility. Fortis is a privately held oilservice company with operations in the Williston basin and the Appalachian basin. The Oil & Gas Awards annually recognize outstanding
The EIA’s latest tool for tracking crude shipments by rail shows massive increases in the past five years The Energy Information Administration (EIA) announced that it will begin providing monthly data on rail movements of crude oil. The EIA has also released data on the growth of crude-by-rail (CBR) since 2010, showing exponentially growth in that time. CBR activity is
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