Energy Archive

AIPRO President Mark Thomas on Keeping Oil Numbers in the Black

by Arkansas Business Staff 9/15/2014 12:00 am

The mission of AIPRO is to represent the interests of oil and natural gas producers and royalty owners in Arkansas, while educating others about the benefits oil and gas bring to the state.

Fracking Techniques Deemed Corporate Secret

by George Waldon 9/15/2014 12:00 am

The refinements of directional drilling have enhanced shale plays with increased opportunities afforded by lateral boring.But when it comes to the below-ground magic of fracking, innovative techniques sometimes are buried in corporate secrecy.

Hanna Still Believes in Arkoma Basin's Future

by Marty Cook 9/15/2014 12:00 am

Hanna Oil & Gas Co. of Fort Smith has been drilling gas wells in the Arkoma Basin for two generations covering more than 50 years. President Bill Hanna, son of founder Jim Hanna, is confident the basin will be around and still producing for the next generation of Hannas. That has already started as Bill's oldest son, Griffin, started work in the field for the company after graduating with a finance degree from the University of Denver.

Regulators Cite Greater Shale Knowledge as Environmental Complaints Dwindle

by Jan Cottingham 9/15/2014 12:00 am

A decade of shale play development has seen a resolution of some of the early concerns, and two of the Arkansas regulators most involved in overseeing the gas industry in the play credit the growing “maturity” not just of the industry but of their own agencies and the public.

South Arkansas Formation Proves Disappointing So Far

by Michelle Corbet 9/15/2014 12:00 am

The Lower Smackover Brown Dense formation has, so far, been a disappointment for exploration companies, mineral rights owners and state regulators hoping for a 21st century oil boom in south Arkansas and north Louisiana.

Natural Gas Severance Tax Collections 150 Times Larger

by Arkansas Business Staff 9/15/2014 12:00 am

Development of the Fayetteville Shale Play, and especially the damage that heavy drilling equipment caused to sleepy county roadways, provided the political cover needed to raise Arkansas' severance tax on natural gas for the first time in more than 50 years.

Royalty Owners Haul Exxon Subsidiary XTO to Court Over Royalties

by Mark Friedman 9/15/2014 12:00 am

Independence County plaintiffs say in a federal lawsuit that XTO wasn't getting the highest price possible for natural gas because it was selling the product to its own subsidiary, Cross Timbers Energy Services Inc., at below-market prices.

Natural Gas in Fayetteville Shale Takes Arkansas from Zero to Billions in 10 Years

by Michelle Corbet 9/15/2014 12:00 am

In the past decade, the players in the Fayetteville Shale have shuffled and consolidated, drilling has peaked and retreated, employment has expanded and contracted, technology has advanced, environmental and infrastructure concerns have reared their heads and government has responded.

Technological Innovations Bring Profitable Changes to the Fayetteville Shale

by George Waldon 9/15/2014 12:00 am

New advances have enabled companies to drill deeper and more complex wells to tap the gas shale, too. Mixed in with the drilling improvements are new fracking techniques that increase the productivity of wells.

Dassault Breaks Ground on $60M Hangar Dedicated to New Models

by Mark Carter 9/2/2014 10:17 am

Dassault Falcon Jet breaks ground on a $60 million expansion at its Little Rock completion facility.

Lou Ann Nisbett On What Attracts Industry to Pine Bluff

by Arkansas Business Staff 8/25/2014 12:00 am

Lou Ann Nisbett is the president and CEO of the Economic Development Alliance for Jefferson County.

Ozone Standard Threatens Arkansas (Feedback)

by Charles M. Miller 8/25/2014 12:00 am

How does the government expect the companies we advise to comply with a regulation when the agency pushing the rule sees no path toward meeting its standard?

$50M Revitalization Plan Aims To Turn El Dorado into Cultural Mecca

by Michelle Corbet 8/25/2014 12:00 am

With a declining population and an unstable job market, the city of El Dorado is investing in quality of life in an effort to boost its economy.

Trinity Renewed: Keller Links Health of Episcopal Church to Community

by Jan Cottingham 8/25/2014 12:00 am

When he took office six months ago, the Rev. Christoph Keller III told Little Rock developer Rett Tucker, a longtime church member who helped recruit Keller, that he intended to be an “energetic interim.” To that end, Keller has launched an effort to reinvigorate the cathedral, which will mark the 130th anniversary of its downtown founding on Oct. 30.

In Memphis, TVA Will Replace Coal with Natural Gas

by Lance Turner 8/21/2014 03:12 pm

The Tennessee Valley Authority voted Thursday to replace its Allen Fossil Plant in Memphis with a natural gas plant, a move aimed at improving air quality conditions in the area.

Company Plans $900M, 440-Mile Crude Oil Pipeline Across Arkansas

by Lance Turner 8/21/2014 01:34 pm

Plains All American Pipeline L.P. says it will build a 440-mile crude oil pipeline to connect its Plains Cushing, Okla. terminal to the Valero Memphis Refinery.

Highland Pellets to Build $130M Plant in Pine Bluff

by Arkansas Business Staff 8/20/2014 09:26 am

Highland Pellets LLC said Wednesday that it will build a 500,000 metric ton per year wood pellet facility in Pine Bluff.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

Report Finds Illegal Use of Diesel in Fracking; Companies Point to Changing Definitions

by Michelle Corbet 8/14/2014 03:32 pm

The Environmental Integrity Project says some oil and gas companies have continued the illegal injection of diesel fuel during hydraulic fracturing, including Southwestern Energy and ExxonMobil subsidiaries in the Fayetteville Shale.