Bound

Oil Services Recovery Seen Tied to Gas Prices

Natural gas-directed drilling is bound to go up in 2010 as supplies fall, but energy analysts don’t think there will be as many rigs needed to increase supplies.

September 4, 2009

Rosetta Challenges Calpine Bankruptcy Disclosure Statement

Independent oil and gas operator Rosetta Resources Inc. earlier in September filed an objection to Chapter 11-bound Calpine Corp.’s reorganization plan for emerging from bankruptcy. Rosetta, which purchased Calpine’s oil and natural gas reserves in 2005, has unresolved disputes with the independent power plant operator.

September 24, 2007

Snohvit Production On-Line and Some Is U.S.-Bound

France’s Total and Norway’s Statoil said last week the Snohvit gas field, in the Barents Sea, has begun production, with some of the output bound for the United States in the form of liquefied natural gas (LNG).

September 24, 2007

Snohvit Begins Gas Production with Some Bound for U.S. as LNG

France’s Total and Norway’s Statoil said Friday the Snohvit gas field, in the Barents Sea, has begun production, with some of the output bound for the United States in the form of liquefied natural gas (LNG).

September 24, 2007

Rosetta Challenges Calpine Bankruptcy Disclosure Statement

Independent oil and gas operator Rosetta Resources Inc. filed an objection to Chapter 11-bound Calpine Corp.’s reorganization plan for emerging from bankruptcy. Rosetta, which purchased Calpine’s oil and natural gas reserves in 2005, has unresolved disputes with the independent power plant operator.

September 18, 2007

Rosetta Resources Reaches Partial Settlement with Calpine

Houston-based independent producer Rosetta Resources Inc. has reached a partial settlement with Chapter 11-bound Calpine Corp. over the independent power generation developer/operator’s sale two years ago of its North American oil and natural gas reserves. No dollar amount was assigned to the partial deal, which is subject to approval by the U.S. Bankruptcy Court, Southern District of New York.

August 13, 2007

Rosetta Resources Reaches Partial Settlement with Calpine

Houston-based independent producer Rosetta Resources Inc. announced Monday it has reached a partial settlement with Chapter 11-bound Calpine Corp. over the independent power generation developer/operator’s sale two years ago of its North American oil and natural gas reserves. No dollar amount was assigned to the partial deal that is subject to approval by the U.S. Bankruptcy Court, Southern District of New York.

August 9, 2007

State Dept. Defends Passage of Quoddy Bay LNG Tankers Through Canadian Waters

In a letter to Quoddy Bay LNG LLC, the Department of State said it would continue to assert U.S. rights under international law and defend “innocent passage” of U.S.-bound liquefied natural gas (LNG) tankers through Head Harbour Passage, a dangerous stretch of Passamaquoddy Bay, which straddles the U.S.-Canadian border.

April 9, 2007

State Dept. Defends Passage of Quoddy Bay LNG Tankers Through Canadian Waters

In a letter to Quoddy Bay LNG LLC, the Department of State said it would continue to assert U.S. rights under international law and defend “innocent passage” of U.S.-bound liquefied natural gas (LNG) tankers through Head Harbour Passage, a dangerous stretch of Passsamaquoddy Bay, which straddles the U.S.-Canadian border.

April 9, 2007

Futures Test Recent Range’s Upside, Settle 44.2 Cents Higher

Natural gas futures continued their range-bound dance Monday as May natural gas tested the upper limits of the recent $6.65 to $7.65 trading range. After hitting a high of $7.630 late in the afternoon, the prompt month went on to settle at $7.577, up 44.2 cents on the day.

April 18, 2006