A bill passed unanimously by the Ohio House of Representatives early last year that would help oil and natural gas companies more easily form drilling units by allowing them to unitize state-owned land such as roads, universities and wildlife areas, remains stuck in the Senate Energy and Natural Resources Committee.
Bennett
Articles from Bennett
SandRidge Buying West Texas Gathering System
SandRidge Energy Inc. is buying the Pinon Gathering Co. LLC from EIG Global Energy Partners for $48 million cash and $78 million in senior secured notes. Pinon owns 370 miles of gathering lines supporting SandRidge natural gas and carbon dioxide production from the Pinion field in West Texas.
California Fines Producer For False Reports, Other Violations
As part of its move to get tougher with day-to-day oversight of oil and natural gas operators, California’s chief oilfield regulator levied a $257,800 fine against Bakersfield-based Bennett Petroleum Inc. for admitted falsified reports to the state and other violations.
FERC Issues Transco Northeast Expansion a Favorable DEIS
FERC staff Friday issued a favorable draft environmental impact statement (DEIS) for Transcontinental Gas Pipe Line’s (Transco) proposal to build a $182 million expansion of its system to meet growing natural gas demand in New York City and the Rockaways with Marcellus Shale gas supplies.
Preparing for New Global Warming Restrictions
Touting the strong position of natural gas in any newinitiatives to reduce global warming, former Sen. J. BennettJohnston urged support for an early action program to give creditfor companies taking early steps to reduce greenhouse gasemissions.