FERC said it had requested authorization by Southwest Gas Storage Co. to abandon in place a 1,110-horsepower compressor unit and related equipment at its Waverly Storage Compressor Station in Morgan County, IL (Docket No. CP14-46). The Federal Energy Regulatory Commission said Southwest wants to abandon the unit “because it does not anticipate needing it at its present location for the foreseeable future [and] it has become increasingly expensive to maintain.” FERC said the unit has not been used for over twelve months, and that it would cost Southwest $8.5 million to replicate the compressor unit elsewhere. If no motion to intervene is filed with 60 days the proposal will be deemed authorized.
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SRBC Approves Water Withdrawals, Updates Comprehensive Plan
The Susquehanna River Basin Commission (SRBC) announced it has approved five water withdrawal permits for oil and gas operators in Pennsylvania and adopted a five-year update to the organization’s comprehensive plan, it said Thursday.
January 24, 2014
Hess to Spend $2.85 B to Develop Bakken, Utica
Hess Corp. plans to spend $5.8 billion on capital expenditures (capex) in 2014, and will devote nearly half of that amount to developing its assets in the Bakken and Utica shales, with emphasis on the Bakken.
January 24, 2014
Hess to Spend $550 Million on Deepwater GOM Projects
Hess Corp. plans to spend $5.8 billion on capital expenditures (capex) in 2014, devoting $550 million to production and development projects in the deepwater Gulf of Mexico (GOM).
January 24, 2014
ConEd: Nearly 1,300 Large Buildings in NYC Switched from Oil to NatGas in 2013
Consolidated Edison Co. of New York Inc. (ConEd), a unit of Consolidated Edison Inc., said Thursday that nearly 1,300 large buildings in New York City converted from oil to natural gas for heating purposes in 2013, a more than 50% increase over the preceding year.
January 23, 2014
Clean Energy Group Issues Federal NatGas Policy Recommendations
Former Colorado Gov. Bill Ritter said President Obama “deserves credit for his resolve to take on climate change,” but he added that “considerable work by the administration” remains, and a privately funded clean energy group founded and chaired by Ritter said 29 policy recommendations covering natural gas issues should be enacted.
January 22, 2014
Propane Deliveries Falling Short in Bitter Cold
Bitter cold temperatures, high demand, dwindling supplies and high prices have all combined to create a “perfect storm” propane shortage, leaving suppliers scrambling and prompting nearly two dozen states and the federal government to take steps to ease the crisis.
January 22, 2014
Cold Weather Driving ‘Unprecedented’ U.S. Propane Shortage
Bitter cold temperatures, high demand, dwindling supplies and high prices have all combined to create a “perfect storm” propane shortage, leaving suppliers scrambling and prompting nearly two dozen states and the federal government to take steps to ease the crisis.
January 22, 2014
NC Commission OKs Secrecy for Some Frack Chemicals
Operators in North Carolina — should oil and gas drilling eventually be allowed in the state — will not be required to disclose all of the chemical additives used in hydraulic fracturing (fracking), but they will be required to prove certain chemicals should be deemed trade secrets.
January 21, 2014
Pennsylvania Ruling Leaves DEP With ‘Nothing to Waive’
Pennsylvania Gov. Tom Corbett’s energy executive said “it’s not surprising or alarming” that the state Department of Environmental Protection (DEP) has never denied an operator’s request for a waiver to the stream and wetland setback requirements enshrined in Act 13, the state’s omnibus Marcellus Shale law.
January 17, 2014