XTO Energy

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How top energy companies engage in the U.S. methane policy debate in the coming weeks may tell us a lot about the future of natural gas. As these companies have themselves recognized, the role of natural gas in a world that can—and must—decarbonize depends on minimizing harmful emissions of methane from across oil and gas… Keep reading →

New EPA Regulation To Cut Emissions From Coal-Fired Plants In US

With last week’s launch of The Environmental Partnership, let’s take a more detailed look at the three emissions-reducing programs more than two dozen participating companies have announced as their initial focus: pneumatic controller upgrades, leak detection and well liquids removal. These sound a little technical, yet you don’t have to be a petroleum engineer to understand why the… Keep reading →

Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

The CEOs of ten leading oil and gas companies today announced intentions to move toward “near-zero” methane emissions, pledging to set a quantitative reduction target by this time next year. At first blush, it might sound like a modest step – a promise to make a promise. In fact, the CEOs announcement constitutes an important and welcome… Keep reading →

Exxon Posts Lower Net Revenue On Refining Costs

The degree to which the oil and gas industry can be trusted to play a constructive role in a low carbon future depends in no small measure on whether and how it reduces climate pollution today. That’s why company insiders, investors, and policy makers should take careful note of the sensible and innovative commitments announced by… Keep reading →

ExxonMobil Holds Annual Shareholder Meeting In Dallas

US natural gas markets surprised ExxonMobil by overperforming on output and underperforming on price, pushing back the expected payoff from the company’s $41 billion deal to buy gas producer XTO Energy. ExxonMobil’s acquisition of XTO, completed in June 2010, proved somewhat ill-timed. It saddled the major with a major North American natural gas producer almost… Keep reading →


Cost estimates for various methods of wastewater disposal and recycling vary, depending on both the reservoir in question, and the information source. A seven-well recycling and reuse program using electrocoagulation in Eddy County, New Mexico, substituted over 8 million gallons of produced water for fresh water, and saved $70,000-$100,000 per well in water management costs, according… Keep reading →

Supporters and opponents of shale gas development resumed their war of words on Thursday as Pennsylvania’s natural gas industry gathered for Shale Gas Insight, its annual forum on the development of the Marcellus Shale, one of America’s biggest gas reserves.

Industry and government leaders argued that fracking for natural gas can and is being done without endangering public water supplies, and that industry is taking increasing steps to ensure that fracking chemicals don’t seep in to groundwater. Keep reading →

When it comes to superlative descriptions of oil and gas reserves, the Utica Shale may be in a class of its own.

The rock layer that extends from Quebec to Kentucky with major concentrations in Ohio, Pennsylvania and West Virginia has been called the next big play for shale gas; attracted billions of dollars in land investment, and been hailed by Chesapeake Energy chief Aubrey McClendon as “one of the biggest discoveries in US history.” Keep reading →