Tag: Shale
Marcellus Shale gas to help power natural gas-fire
The Pennsylvania Department of Environmental Protection (DEP) issued an air quality plan approval to Moxie Liberty LLC of Vienna, Va., for construction of a 936MW power plant in Bradford County, Pa.
ExxonMobil acquires Denbury Bakken assets
Denbury Resources Inc. has entered into an agreement to sell its Bakken assets in North Dakota and Montana to Exxon Mobil Corporation and its wholly owned subsidiary XTO Energy Inc.
Statoil’s plan to farm-in to at least 4 shale expl
Statoil revealed last month it had entered a farm-in agreement with Canada’s PetroFrontier covering exploration permits 103, 104, 127 and 128 in the Southern Georgina basin in the Northern Territory.
Mexichem seeks to develop shale gas in Mexico
Chemicals maker, Mexichem SAB has bought over 15 companies since 2007, is seeking to develop Mexico’s first shale gas projects, if the country sells licenses that would bypass a monopoly on fossil fuels.
BP entering Ohio’s Utica/Point Pleasant shale
BP has signed an agreement with the Associated Landowners of the Ohio Valley (ALOV) to lease approximately 84,000acres in Trumbull County, Ohio in the Utica/Point Pleasant shale basin.
MarkWest announces Utica & Marcellus Expansion
MarkWest Energy will operate about 2.3Bcf/d and 300,000Bbl/d of fractionation capacity, serving the Northeast shales, which includes the Utica, Marcellus and Huron, once expansion plan is complete.