New Bill would limit local control over oil and gas activities across Texas A Texas state Senate subcommittee voted unanimously to pass legislation being dubbed the “Denton fracing bill.” The proposal would limit local control over oil and gas activities across Texas, reports The Texas Tribune. The proposal is among nearly a dozen filed in the aftermath of the town
Texas LNG announced today that it began the pre-filing process with the FERC Houston Texas based Texas LNG Brownsville announced today that it has begun the pre-filing process with the Federal Energy Regulatory Commission (FERC), putting it one step closer to the expected start-up date of its first liquefied natural gas (LNG) facility, according to a company press release. Texas
The hydraulic fracturing ban approved by the city of Denton on November 4 comes into effect today, but is already being contested by the industry in Denton’s courts. The Texas Oil and Gas Association (TXOGA) filed a lawsuit calling the ban invalid and unenforceable just hours after the ban was approved. Now, Denton’s attorneys have filed a legal brief calling
The Denton, Texas City Council voted 5-2 Tuesday night against enacting a permanent ban on the continued permitting of hydraulic fracturing within its city limits. City leaders had introduced a temporary ban on new permits in May after fracing-ban proponents delivered a petition containing about 2,000 signatures. The city’s temporary ban is set to expire in September, according to an
Unit Corp. (ticker: UNT) announced signing a Purchase and Sale Agreement to purchase 84,000 net acres and production located in the Anadarko Basin from Noble Energy, Inc. (ticker: NBL) for $617.1 million. Unit will use availability under its existing credit facilities and a new $400MM senior subordinated debt offering to complete this all-cash transaction. The western Oklahoma and Texas Panhandle
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