The federal Bureau of Land Management (BLM) office in Rawlins, WY, announced that it will hold a public open house next Tuesday and extend the public comment period into March on a draft environmental assessment for the proposed expansion of natural gas drilling in two counties.
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Endurance Receives $100M to Expand Presence in Bone Spring
Endurance Resources Holdings LLC announced Monday that Lime Rock Partners, a global energy-focused private equity firm, had committed $100 million for Endurance to acquire oil-focused assets and additional opportunities in two Southeast New Mexico counties that overlay the Bone Spring formation.
For Third Consecutive Year, Comstock Targets Oil in South, West Texas
Comstock Resources Inc. announced Monday that it plans to spend about $420 million on exploration and development activities in 2013, with a drilling program focused on its oil-weighted holdings in South and West Texas — in the Eagle Ford Shale and Wolfbone and Wolfcamp formations in the Permian Basin, respectively.
BLM Expands Practices to Protect Wildlife
The Bureau of Land Management (BLM) on Friday announced an expansion of best management practices (BMP) for the fluids minerals industry to protect wildlife near oil, natural gas and geothermal facilities on federal land.
Jackson to End Tenure as EPA Administrator
Environmental Protection Agency (EPA) Administrator Lisa Jackson has announced her intention to resign after President Obama’s State of the Union speech, bringing to an end a sometimes tumultuous four-year tenure.
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DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.
Argentina’s YPF, Bridas Sign $1.5B Shale Agreement
Yacimientos Petroliferos Fiscales (YPF) SA, Argentina’s newly state-owned energy company, announced Friday that it had signed a two-year, $1.5 billion agreement with Bridas Corp. to explore and drill for oil in two of the country’s shale plays.
BLM Expands Practices to Protect Wildlife
The Bureau of Land Management (BLM) on Friday announced an expansion of best management practices (BMP) for the fluids minerals industry to protect wildlife near oil, natural gas and geothermal facilities on federal land.
Gulfport Tacks More Utica Acreage Onto Agreement in Ohio
Four days after Gulfport Energy Corp. said it would buy 30,000 net acres in the Utica Shale in eastern Ohio, the company announced Thursday that the agreement has been amended to include an additional 7,000 net acres for $70 million.
Noble Energy Targeting Niobrara, Marcellus in 2013
Noble Energy Inc. announced Thursday that it plans to spend $3.9 billion on capital expenditures (capex) in 2013, almost half of which will go toward drilling horizontal wells in the Niobrara-Denver Julesburg (DJ) Basin.