Tag: Fayetteville Shale Play

Economic impact of Fayetteville Shale play ongoing after a decade

Although no one is baking a cake or holding a big celebration, it has now been a full decade since Fayetteville Shale leader Southwestern Energy Corp. announced in 2004 that…

Arkansas natural gas severance tax collections hit new high in 2013

A relatively higher price and the continued production of natural gas from existing wells resulted in a record of $62.685 million in Arkansas’ gross natural gas severance tax revenue during…

Report: New energy sources boost disposable income

A report from Englewood, Colo.-based IHS suggests that the unconventional oil and natural gas production in the U.S. boosted disposable income by $1,200 per household in 2012, with the income…

Arkansas severance tax revenue on record pace

Natural gas severance tax revenue for the first four reporting months of 2013 is ahead of the same period in 2011 when the collections eventually reached a record annual tally…

GE to locate oil & gas R&D center in Oklahoma

General Electric announced Wednesday (April 3) that it will build a $110 million “Oil & Gas Global Research Center” in Oklahoma that will create 125 high-wage jobs in the state….

Fayetteville Shale Play part of LNG export debate

Easing the rules to allow exports of U.S. produced liquified natural gas (LNG) is an energy policy is becoming a contentious energy policy discussion, with the outcome most likely to…

Study says fracking not harming Arkansas water

For nearly a decade, natural gas drilling in Arkansas has been accused of harming the drinking water in the Fayetteville Shale play. On Wednesday, the U.S. Geological Survey gave the…

Arkansas natgas tax collections down more than 33%

The persistent low price of natural gas and the move by energy producers to produce higher-margin domestic oil and other liquids has pushed Arkansas severance tax collections lower more than…

Shale writedowns begin as lower prices persist

The record slump in natural-gas prices signals companies from BHP Billiton Ltd. to Ultra Petroleum Corp. are at risk of writing off billions of dollars of assets — including assets…

Vanguard deal includes properties in the Arkoma Basin

Houston-based Vanguard Natural Resources announced Monday (July 2) that it has closed on the $434.4 million deal to acquire natural gas and liquids reserves and operations from Denver-based Antero Resources….

Fayetteville Shale Play impact revised upward

Job creation and investment related to the Fayetteville Shale Play have topped 2008 predictions of $17.9 billion in economic activity between 2008 and 2012. A study released Tuesday (June 5)…

Arkansas drops a spot on natural gas list

Arkansas maintained its status as one of the top 10 largest marketers of natural gas in the U.S., but cheap wellhead prices and the industry’s switch to oil-rich shale plays…

Little Rock CVB names Stasha King Irby as VP for Sales and Services

ATU approves budget that includes tuition and fee increases

Northeast Arkansas Outstanding Business Awards winners honored

Building Arkansas’ future through partnership