Tuesday, September 24, 2013

Legislative Interim Committee Starts Discussion About Lease Pooling

A Judiciary interim committee of the West Virginia Legislature heard a presentation yesterday on the complex issue of lease pooling.  The "impartial" presentation was provided by a lobbyist for the W.Va. Surface Owners Rights Organization (SORO). Click to read story in today's Dominion Post

There is renewed interest by many in the state's natural gas industry to try to work toward passage of a lease integration bill during the 2014 regular session of the West Virginia Legislature.  That 60-day session starts Jan. 8, 2014.

Friday, September 13, 2013

West Virginia DEP Secretary Defends New Horizontal Well Regulations

West Virginia's Secretary of the Department of Environmental Protection defended his agency's new rules on horizontal well activities and stated that the rules are sound, sufficient. The Secretary made his comments during the recent Annual Meeting of the West Virginia Oil & Natural Gas Association.  The DEP's regulations continue to come under fire by environmental and surface owner groups. Click to read news story: http://www.theintelligencer.net/page/content.detail/id/589743.html

Thursday, September 5, 2013

NAM: U.S. To Benefit Greatly From Domestic Shale Production, Unless Regulators Overact

According to a report released this week, the United States will continue to reap enormous economic and job-creation benefits from domestic oil and shale gas production. This will be the case, however, unless federal and state lawmakers overregulate Shale production.

“This report confirms that manufacturers’ best days are ahead and that the shale revolution could spur economic growth and job creation for years to come,” said National Association of Manufacturers (NAM) President and CEO Jay Timmons in reaction to the recent IHS report cosponsored by the NAM and other trade associations. “Unfortunately, this growth is not a foregone conclusion. Overreach by state and federal lawmakers and regulators could slow this progress and, in the worst case, stop it.”

Click to read more.