Assist

Denver-based Forest Oil Corp. said Monday it will market its Texas Panhandle oil and gas assets after having received unsolicited interest in the properties. A deal could garner $1 billion or more and would be “transformative” for the company, one analyst said.

The Alaska Department of Natural Resources’ (DNR) Division of Oil and Gas is soliciting proposals for a contractor or contractors to assist DNR in characterizing and developing alternatives to advance a North Slope liquefied natural gas (LNG) project. The study is intended to help the state stay abreast of risks and opportunities of the project and how they are influenced by world events. DNR said it hopes to gain an understanding of how its policies toward the disposition of its royalty share of North Slope natural gas may contribute to the success of the project. DNR said it anticipates that the contractor(s) will assemble a team of experts with various appropriate backgrounds. A pre-proposal conference will be held at 1:30 p.m. local time on Tuesday, May 17 in the offices of the Division of Oil and Gas in Anchorage. Prospective contractors are encouraged to attend in person or make prior arrangements to call via teleconference by contacting Marlys Hagen at (907) 269-8666. Proposals must be received by May 20 at the DNR offices.

New rules to encourage the state’s oil and natural gas operators to conserve water used in hydraulic fracturing (fracking) processes were adopted Tuesday by the Railroad Commission of Texas (RRC).

The Environmental Defense Fund (EDF) wants to hire a “state regulatory and legislative affairs manager” based in Washington, DC, who would to focus on natural gas. The manager would ” assist in organizing and managing efforts to enact a comprehensive set of regulations and reforms in key natural gas producing states,” with emphasis on the…

The Environmental Defense Fund (EDF) wants to hire a “state regulatory and legislative affairs manager” based in Washington, DC, who would to focus on natural gas. The manager would ” assist in organizing and managing efforts to enact a comprehensive set of regulations and reforms in key natural gas producing states,” with emphasis on the Appalachian region. The selected applicant would help “create and manage strategic coalitions and relationships with industry, regulators, policymakers, “grasstops” opinion leaders” and other nongovernmental organizations. Information is available at www.edf.org/jobs/state-regulatory-and-legislative-affairs-manager-natural-gas-program.

Houston-based Wild Well Control Inc., an oil and gas well fire company, was called in Wednesday to help assist in controlling a fire at a natural gas well that blew out just after midnight Tuesday in Utah (see Daily GPI, Jan. 24).

ZaZa Energy Corp. and Hess Corp. have ended a joint venture (JV) agreement they made in 2010 for activities in the Eagle Ford Shale in South Texas and the Paris Basin in France. ZaZa is taking over the Eagle Ford activities while Hess will hold the exploration licenses in France.

Seeking to create a uniform standard for how the oil and gas industry in the Appalachian Basin goes about drill site planning, developing and restoring the landscape once operations are complete, the Marcellus Shale Coalition (MSC) has released its first Recommended Practices (RP) report.

The Colorado Oil and Gas Conservation Commission (COGCC) is scheduled to consider a set of new rules on the disclosure of chemicals used in hydraulic fracturing (fracking) early next month, but the debate is already picking up steam regarding proposed exemptions for trade secret chemicals.