November 8, 2016

From UPI British energy company exploiting what it sees as the largest regional natural gas deposit MUSCAT, Oman, Nov. 8 (UPI) — British energy company BP said it extended an agreement in Oman to help develop a natural gas field that may require hydraulic fracturing to exploit fully. BP and Oman Oil Co. signed a deal with the government to revise a license

From Bloomberg Gas output from Ohio, home to the Utica shale formation, jumped 13 percent in August even as supplies dropped across the bulk of the U.S., including the neighboring Marcellus play in Pennsylvania. Chesapeake Energy Corp., Rice Energy Inc. and Gulfport Energy Corp. drilled most of the new wells in the state, data from Bloomberg Intelligence show. Producers are