Richard Nemec began writing for NGI in 1995 and has 30 years experience in the energy industry. He holds BA from the University of Southern California, Los Angeles; and a MA in journalism from Northwestern University, Evanston, IL; and completed MBA courses at Northwestern's Evening Graduate School of Management.
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Encana Corp. has named investment banker Andy Rogers as vice president for business development throughout North America. Rogers is expected to head up Encana’s efforts to secure resources and help reposition its asset base. During the past 10 years, Rogers has been with Jefferies & Co. and has completed more than $20 billion of oil/gas transactions across North America.
Industry Brief
Protect Colorado, an industry-backed citizens campaign against two proposed statewide oil/natural gas drilling local control ballot measures (Initiatives 88 and 89), has launched a website urging voters to reject the measures. The measures, backed by U.S. Rep. Jared Polis (D-CO), follow an abandoned move for a legislative compromise on the issue (see Shale Daily, July 17). The website is aimed at fighting “arbitrary and unnecessary” ballot measures that jeopardize private property rights and could hurt the state’s economy. Gov. John Hickenlooper and U.S. Sen. Mark Udall (D-CO) oppose the initiatives.
BLM Head Decries Staff Shortage; Eyes Fees to Hire More Inspectors
The head of the U.S. Department of Interior’s Bureau of Land Management (BLM) lamented a shortage of BLM inspectors that has caused the agency to miss timely inspections on about 40% of the nation’s high-priority oil and gas sites.
Pipe Supplier, Commerce Department Make Deal on Dumping
Interpipe Co., a global steel pipe supplier with North American offices in Houston, said Monday it has reached a settlement with the U.S. Commerce Department regarding its imposition earlier in the month of a higher tariff on tubular steel (pipe) imported from the Ukraine, South Korea and seven other nations (see Daily GPI, July 15).
Shale Gas as Clean-Burning as Conventional in Power Plants
Life cycle greenhouse gas (GHG) emissions from natural gas-fueled power plants are the same whether they are fueled with gas from shale or conventional basins, according to a study published in the Proceedings of the National Academy of Sciences.
DOE Offers $4.5B for Alternative Fuels as NatGas Advances Continue
As part of the Obama administration’s all-of-the-above energy strategy, the U.S. Department of Energy (DOE) said it will provide $4.5 million (corrected 7/29/14) in the Clean Cities Program to expand the use of alternative fuel vehicles. Concept papers are due to DOE by Aug. 1, with full proposals required by Oct. 1.
County to Rehear Oregon LNG Pipeline Permit Case
The Clatsop County Board of Commissioners has set a new hearing and process for Oregon LNG’s application for a permit to cross county lands with a 36-inch diameter transmission pipeline to link a proposed liquefied natural gas (LNG) export facility with interstate supply pipelines in the state of Washington.
CSX Railing More Crude, Warns Against Dropping Train Speeds
Florida-based CSX Corp. senior executives on Wednesday underscored the continuing growth in the amount of crude oil being shipped by rail and voiced concerns about proposed federal regulations that would drop average train speeds in response to a series of tank car accidents in the past 18 months (see Shale Daily, Aug. 22, 2013).
Limited Injections Allowed to Resume at Suspect Colorado Wastewater Well
Reflecting a growing caution in the oil/natural gas sector to temblors, the Colorado Oil and Gas Conservation Commission (COGCC) has ordered changes in a wastewater injection site in Weld County, asserting that actions at the location are deemed to be potentially related to nearby low-level seismic activity.
Bakken in Full Development; Niobrara Hot for E&P, Whiting Exec Says
Fresh from becoming the largest Bakken producer through a pending multi-billion-dollar acquisition, Whiting Petroleum Corp.’s exploration/development (E&P) senior executive said Wednesday the North Dakota shale play has reached full development phase, while the Niobrara Shale in Colorado may eventually hold twice as many energy resources.