Bidders

The Bureau of Land Management’s (BLM) Utah office said it broke records for most acreage, revenues, and bidders in its quarterly oil and gas lease sale earlier this month. The BLM said 159 parcels, covering 245,775 acres received bids and the sale drew $28 million, half of which will go to the state.

The Bureau of Land Management’s (BLM) Utah office said it broke records for most acreage, revenues, and bidders in its quarterly oil and gas lease sale last week. The BLM said 159 parcels, covering 245,775 acres received bids and the sale drew $28 million, half of which will go to the state.

After failing to attract any bids on two Burgos Basin blocks, Petroleos Mexicanos (Pemex) said two international groups are competing to develop non-associated natural gas reserves in the Fronterizo, one of the basin’s smaller blocks.

After failing to attract any bids on two Burgos Basin blocks, Petroleos Mexicanos (Pemex) said two international groups are competing to develop non-associated natural gas reserves in the Fronterizo, one of the basin’s smaller blocks.

The Department of Interior’s Minerals Management Service said that a sale it recently conducted sold more than 379,000 MMBtu of royalty-in-kind (RIK) gas produced from federal leases in the Gulf of Mexico. Seven companies purchased the gas during a winter heating season sale.

The Department of Interior’s Minerals Management Service said that a sale it recently conducted sold more than 379,000 MMBtu of royalty-in-kind (RIK) gas produced from federal leases in the Gulf of Mexico. Seven companies purchased the gas during a winter heating season sale.

Foiled bidders, led by an American producer, for a package of prize natural gas assets have learned the hard way that — in Canada’s top supplier province, at least – energy free trade does not erase inherited responsibilities to consumers. Burlington Resources Canada Energy Ltd., NCE Petrofund Corp. and NCE Energy Corp. got the lesson from the Alberta Energy and Utilities Board.

PG&E’s National Energy Group (NEG) announced the winning bidders in a recent open season for expansion capacity on its Gas Transmission-Northwest (GTN) pipeline system. Two power generators, Newport Northwest LLC and Calpine, were awarded 200,000 Dth/d of firm transportation capacity that will be available in 2002. The pipeline also is proceeding with another capacity offering that will convert to new firm service in 2003.

PG&E’s National Energy Group (NEG) announced the winningbidders in a recent open season for expansion capacity on its GasTransmission-Northwest (GTN) pipeline system. Two power generators,Newport Northwest LLC and Calpine, were awarded 200,000 Dth/d offirm transportation capacity that will be available in 2002. Thepipeline also is proceeding with another capacity offering thatwill convert to new firm service in 2003.