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News Briefs: Report Shows Uptick in Shale Activity
Acquisition and merger activity in the U.S. oil and gas industry jumped in the second quarter of 2014, according to Energy Practice of PwC.
A total of 54 oil and gas deals worth a…
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News Briefs: West Virginia Sees Modest Job Growth in Oil and Gas Sector
According to an Oct. 8 report from Workforce West Virginia, the state’s oil and gas industry grew by just 69 jobs in 2013, although average salaries increased by more than $2,400…
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News Briefs: White House Discusses Fracking with Exxon, Chevron
Officials from ExxonMobile, Chevron and Halliburton met with White House officials last week to talk about an upcoming federal fracking regulation for operations on public lands,…
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News Briefs: Three Mines Set to Close in West Virginia
Alpha Natural Resources, a supplier of metallurgical coal, announced Sept. 26 that it will close three mines in West Virginia because of weak market conditions and government…
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News Briefs: New Bakken Pipeline Delayed Until 2017
Enbridge Inc. said on Sept. 30 that it does not expect its planned Sandpiper oil pipeline to be in service until 2017, a year later than originally expected, according to a Reuters news…
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News Briefs: Eagle Ford Generates $87 Billion in Economic Output
According to a study released by the University of Texas at San Antonio Institute for Economic Development, the Eagle Ford Shale generated more than $87 billion in total economic output…
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News Briefs: Permian Basin Shoots Past Water Use Projections
According to a projection from PacWest Consulting Partners in Houston, Texas, oilfield water usage in the Permian Basin could reach 540 million barrels in 2014, which is a revision from…
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News Briefs: Eagle Ford Flaring Still a Problem
A recent San Antonio Express-News series has spurred discussion over flaring in the Texas Eagle Ford area.
Nelson Wolff, a judge in Bexar County, Texas, wants the two agencies that…
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News Briefs: Company News From the Oil and Gas Industry
Buckeye Partners acquires Eagle Ford facilities
Buckeye Partners LP, based in Houston, announced Sept. 2 that it has agreed to pay $860 million to acquire an 80 percent interest in a…
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News Briefs: Utica Shale Hits 1,000-Well Milestone
The Utica Shale play reached the 1,000-well milestone as of Aug. 9 according to the Ohio Department of Natural Resources.
The state Department of Natural Resources says that Ohio has…
