HOUSTON, July 20 -- Energen Corp., Birmingham, Ala., will write off $10 million in unproved capitalized leasehold associated with its deep Conasauga shale acreage in Alabama in the second quarter of ...

A gas shale play is taking off in northern Alabama on the east side of the Valley and Ridge Province. The Alabama Oil & Gas Board set a hearing for Feb. 16 in Ashville, Ala., on an application by ...

Despite current low oil and natural gas prices, production may soon begin in the mountains of northern Georgia, where unique geological features may allow production from shale without using hydraulic ...

Energen Corp. has said some of the deep shale natural gas formations it was hoping would pay off for the company and the state aren't economically sustainable given current economic conditions. "We ...

DALTON - Trillions of cubic feet of natural gas believed to lie below the hills of northwest Georgia have remained virtually untouched and unwanted - until now. Shale gas drilling is slowing across ...

The country floats on waves of cheap natural gas. Prices plummet. Drilling rigs sit idle. Layoffs and bankruptcies abound. A perfect time, in other words, for wildcatter Jerry Spalvieri to prospect ...