The cost involved in drilling a well in the Eagle Ford shale has soared from approximately $5.3 million to as much as $10 million, according to an expert in exploration and production.
Kitimat LNG partners, Encana Corporation, Apache Canada Ltd. and EOG Resources Canada Inc. announced in a statement released October 13 that the National Energy Board (NEB) has provided Kitimat LNG with a 20-year export license that allows it to export liquid natural gas (LNG) from Canada.
Icarus failed to escape with his father from Crete because he flew too close to the sun. Now, some oil companies are now hoping that getting closer to the sun will bring them success.
Local water districts in Texas are restricting the use of water for exploration and production companies that engage in hydraulic fracturing or "fracking."
Activity related to the Tyler Formation is spilling from North Dakota to South Dakota, amid industry speculation that the play could contain significant crude reserves.
Financial services firm Dundee Securities recently reiterated its Neutral rating and C$2.40 target share price for oil and gas company RMP Energy (RMP:TSX).
Wunderlich Securities revised its estimates for Master Limited Partnership (MLP) Spectra Energy Partners, LP (SEP:NYSE) on October 5.
A Pennsylvania court case that has the potential to reverse a century of case law and several Marcellus shale gas leases has been appealed to the state's Supreme Court.
