2008

Williams Cos. Inc. and its subsidiaries combined to lift 4Q2009 profits 50% from a year earlier, and with its pipeline partnership transaction now complete, the Tulsa-based producer is looking for new exploration and midstream opportunities, CEO Steve Malcolm said Thursday.

Occidental Petroleum Corp. (Oxy) said Wednesday that its year-end 2009 worldwide proved reserves jumped to 3.23 billion boe from 2.98 billion boe at the end of 2008.

Occidental Petroleum Corp. (Oxy) said Wednesday that its year-end 2009 worldwide proved reserves jumped to 3.23 billion boe from 2.98 billion boe at the end of 2008.

El Paso Corp. raised its total unproved natural gas and oil reserves by an estimated 44% in 2009 from year-end 2008 levels, with most of the gains coming from the Haynesville and Eagle Ford shales, the Houston-based company reported Tuesday.

El Paso Corp. raised its total unproved natural gas and oil reserves by an estimated 44% in 2009 from year-end 2008 levels, with most of the gains coming from the Haynesville and Eagle Ford shales, the Houston-based company reported Tuesday.

Range Resources Corp.’s 2009 natural gas-weighted proved reserves grew 18% to 3.1 Tcfe from 2.7 Tcfe at year-end 2008, the Fort Worth, TX-based independent producer reported Thursday.

Range Resources Corp.’s 2009 natural gas-weighted proved reserves grew 18% to 3.1 Tcfe from 2.7 Tcfe at year-end 2008, the Fort Worth, TX-based independent producer reported Thursday.

A year has passed since the natural gas rig count peaked in October 2008, but “normalized” estimated quarterly gas supply from publicly traded producers didn’t cross into negative territory until July from the 1Q2009 peak, which points to “substantial uncertainties” for supply and demand drivers in 2010, energy analysts with Raymond James & Associates Inc. said Monday.

Inergy LP’s Inergy Midstream LLC is conducting two nonbinding open seasons, one for its Marc I Hub Line Project and the second for its North-South Project, through Aug. 21.