Energy Archive

Southwestern Energy Says Fayetteville Shale Outpaces Expectations

by Michelle Corbet 8/5/2014 10:50 am

Southwestern Energy of Houston says its natural gas wells in central Arkansas' Fayetteville Shale Play and the Northeast United States' Marcellus Shale have continued to outpace expectations in the second quarter.

New Algorithm Finds Production Potential for Shale Plays

by Michelle Corbet 8/4/2014 03:18 pm

A pair of oil industry consultants have devised an algorithm that provides new estimates on shale gas play production potential based on Estimated Ultimate Recovery (EUR), the approximate quantity of oil or gas that can potentially be recovered from a well or reserve.

Springdale First in Northwest Arkansas To Get CNG Fuel Station

by Marty Cook 8/4/2014 12:00 am

Heath Ward, the executive director of Springdale Water Utilities, says it was an easy decision to commit to buy two vehicles that run on compressed natural gas.

Murphy Oil 2Q Earnings Off, Production Projection Revised Downward

by Michelle Corbet 7/31/2014 11:43 am

Income from continuing operations in the second quarter was $142.7 million, or 79 cents per diluted share, on flat revenue of $1.3 billion.

NERA Study: EPA Regs Would Cost Arkansas Jobs, Millions in Compliance

by Lee Hogan 7/31/2014 10:31 am

A new study conducted by NERA Economic Consulting, and commissioned by the National Association of Manufacturers, says new ozone regulations would cost Arkansas thousands of jobs per year and hundreds of millions of dollars in compliance costs.

Zilkha Biomass Announces $90M Facility, 52 Jobs in Monticello

by Lee Hogan 7/30/2014 10:10 am

Zilkha Biomass Energy plans to build a $90 million facility in Monticello that will create 52 jobs. Zilkha says it will make its Zilkha Black Pellet, the first commercially available pellet in the industry, at the Monticello factory.

Arkansas Business Presents the 2014 Power List

by Gwen Moritz 7/28/2014 12:00 am

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks.

Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'

by Arkansas Business Staff 7/28/2014 12:00 am

John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry. Big River Steel, a $1.3 billion project, is being built in Mississippi County near Osceola. It's expected to employ more than 525 workers with average yearly compensation of $75,000.

A Closer Look: Arkansas Unemployment and Employment

by Arkansas Business Staff 7/28/2014 12:00 am

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently.

Lessons Learned (Editorial)

by Arkansas Business Editors 7/21/2014 12:00 am

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints).

Proposal Would Raise Arkansas' Minimum Wage Rate

by Arkansas Business Staff 7/21/2014 12:00 am

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Arkansas Unemployment Rate Falls to 6.2 Percent But Labor Force Smaller

by Lee Hogan 7/18/2014 09:42 am

Arkansas' unemployment rate fell for the ninth consecutive month in June to 6.2 percent. It marks the fourth consecutive month that the state's unemployment rate has been below 7 percent.

Fort Smith's Pruitt Tool & Supply Co. Going Global

by Marty Cook 7/14/2014 12:00 am

From modest beginnings, Pruitt Tool now has nine offices across the United States and has business interests overseas in countries such as Russia and Turkey. The company rents its patented equipment, the Pruitt rotating control device, to oil rigs drilling for oil and gas.

Fayetteville's APEI Earns R&D 100 'Oscar of Innovation'

by Arkansas Business Staff 7/11/2014 03:49 pm

The R&D 100 is a prestigious list of the world's top 100 tech-based product innovations included each year in R&D Magazine. The R&D 100 is known as the "Oscars of Innovation" and past award winners have included the flashcube, ATM, fax machine and HDTV.

Vivione Partners with Global Firm to Offer Diagnostic Test for Oil and Gas Industries

by Mark Carter 7/9/2014 10:51 am

Vivione Biosciences of Pine Bluff has announced a partnership with the Institute for Environmental Health that will open up its pathogen detection system to the oil and gas industries.

Snyder CEO Joe Carter on How the Abatement Industry Continues To Grow

by Arkansas Business Staff 7/7/2014 12:00 am

Snyder Environmental, founded in 2001, specializes in asbestos abatement, mold remediation, dust control and lead paint removal in the Midwest and Southern U.S.

The Legal Pitfalls of LEED (J. Cliff McKinney II Expert Advice)

by J. Cliff McKinney II 7/7/2014 12:00 am

I am a major supporter of the LEED rating system and truly believe it is the best way to verify that a building is environmentally friendly. However, as with nearly anything, there are legal pitfalls that participants in the LEED rating system may not be aware of.

EPA's Clean Power Plan Fuels Carbon Debate

by Marty Cook 7/7/2014 12:00 am

On June 2, the Environmental Protection Agency announced its Clean Power Plan. Environmentalists and power companies have split opinions on the agency's goals.

No Daily Report, E-newsletters on Friday

by Arkansas Business Staff 7/3/2014 10:01 am

Arkansas Business will not send the Daily Report or weekly industry e-newsletters on Friday, the Fourth of July. Arkansas Business Publishing Group offices will be closed Friday as well, reopening on Monday. ABPG wishes everyone a happy Fourth.