2020

California regulators Thursday set interim energy efficiency savings goals for the 2012-2020 period, which will have implications for the state’s greenhouse gas (GHG) limits (AB 32). Overall, the goal seeks to save enough energy to eliminate the need for an added 4,500 MW, or the equivalent of nine major generation plants.

BP plc on Tuesday announced plans to invest up to $2.4 billion through 2020 to recover an estimated 1.9 Tcf of coalbed methane (CBM) in the San Juan Basin of southwestern Colorado and northwestern New Mexico. The development program would grow BP’s current net San Juan production (425 MMcf/d net and 900 MMcf/d gross) by more than 20%, with output expected to exceed current production levels for at least 10 years.

BP plc on Tuesday announced plans to invest up to $2.4 billion through 2020 to recover an estimated 1.9 Tcf from coalbed methane (CBM) in the San Juan Basin of southwestern Colorado and northwestern New Mexico. The development program would grow BP’s current net San Juan production (425 MMcf/d net and 900 MMcf/d gross) by more than 20%, with output expected to exceed current production levels for at least 10 years.