Auction

NatGas from Argentina’s Neuquén Fetches $1.79/MMBtu for April in Auction

NatGas from Argentina’s Neuquén Fetches $1.79/MMBtu for April in Auction

Natural gas from Argentina’s province Neuquén, home to most of the Vaca Muerta deposit, fetched $1.79/MMBtu on average in the latest online auction held by Argentina’s online gas market Mercado Electrónico del Gas (Megsa).

March 31, 2020
NatGas from Argentina’s Neuquén Fetches $1.79/MMBtu for April in Auction

NatGas from Argentina’s Neuquén Fetches $1.79/MMBtu for April in Auction

Natural gas from Argentina’s province Neuquén, home to most of the Vaca Muerta deposit, fetched $1.79/MMBtu on average in the latest online auction held by Argentina’s online gas market Mercado Electrónico del Gas (Megsa).

March 31, 2020

Mississippi Canyon Yields Most — and Highest — Bids in BOEM Lease Sale

A cadre of 30 oil and gas producers submitted 257 total bids in Wednesday’s Gulf of Mexico (GOM) region-wide auction, with the Mississippi Canyon drawing the highest bid and a unit of Royal Dutch Shell plc far and away outbidding everybody.

March 20, 2019
Judge Orders Wyoming Drilling Halted on Climate Change Issues

Judge Orders Wyoming Drilling Halted on Climate Change Issues

A federal judge ruled late Tuesday that the Interior Department’s Bureau of Land Management (BLM) did an inadequate job of considering the effects of climate change when it authorized oil and gas lease sales in the West, and he ordered a temporary halt to drilling on more than 300,000 acres in Wyoming.

March 20, 2019

BOEM Schedules Another Region-Wide GOM Oil, Gas Auction for March

The Interior Department is planning yet another region-wide lease sale in the Gulf of Mexico (GOM) next March, when it plans to auction about 78 million acres for oil and natural gas development.

September 26, 2018
López Obrador’s Fracking Ban Threats Spur Mexican Business Leaders to Seek Review

López Obrador’s Fracking Ban Threats Spur Mexican Business Leaders to Seek Review

Business leaders in Mexico’s northern Gulf state of Tamaulipas fear that a potential ban on hydraulic fracturing (fracking) used in unconventional oil and natural gas drilling could doom their economically depressed region to a future of more poverty and crime.

September 14, 2018

Interior’s August GOM Auction to Offer 14,622 Shallow, Deepwater Blocks

Nearly 78 million acres are on offer for oil and natural gas development offshore Texas, Louisiana, Mississippi, Alabama and Florida in a federal auction to be held in August, the Department of Interior said Friday.

July 13, 2018
PJM Auction Adds More Natural Gas Capacity Versus Year Ago

PJM Auction Adds More Natural Gas Capacity Versus Year Ago

Natural gas continued to gain in PJM Interconnection’s annual capacity auction held this month.

May 25, 2018

Pemex Readies Oil & Gas Farmout Offensive; Posts Positive 1Q2018 Earnings

In what will be the largest auction of its type, Mexico’s state-owned oil company Petroleos Mexicanos (Pemex) is to offer seven farm-out license contracts in southeastern Mexico, the industry regulator, the National Hydrocarbons Commission (CNH) agreed Thursday.

April 30, 2018
Current Mexican Government’s Last Auctions Face More than Technical Challenges

Current Mexican Government’s Last Auctions Face More than Technical Challenges

What are almost certainly to be the last two upstream auctions of the current Mexican administration, which ends Dec. 1, will face a special challenge to potential investors.

April 9, 2018
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