2006

Forget previously discussed concerns about 2006, it’s the summer of 2005 that’s worrying California state energy officials who gathered to review an update of the state Energy Action Plan Tuesday. Dominating their discussions were “what-if” questions and proposed contingencies, including everything from mandatory load-reduction programs to accelerated power plant-building and delayed plant closings for older units

EOG Resources Inc. plans to grow its production 6.5% in 2004, 10% in 2005 and 7% in 2006 — and expects North American natural gas to be a key component of the growth, the CEO said Monday.

Alaska plans to add more North Slope Foothills area-wide oil and gas lease sales to its 2002-2006 leasing schedule this January, which Gov. Tony Knowles said was in response to an increased industry interest in North Slope natural gas. The first area-wide Foothills lease sales held in May resulted in Alaska leasing the most acreage in any state ever, 950,000 acres.

Alaska plans to add more North Slope Foothills area-wide oil and gas lease sales to its 2002-2006 leasing schedule, to be released in January. Gov. Tony Knowles said the state was responding to an increased industry interest in North Slope natural gas. The first area-wide Foothills lease sales held in May resulted in Alaska leasing the most acreage in any state ever, 950,000.

New initiatives proposed by the Minerals Management Servicecould contribute an additional 500 Bcf to 1 Tcf/year of gasproduction between 2004 and 2006, according to MMS Director WaltRosenbusch.