Carefully

Flaws in a study of potential impacts of hydraulic fracturing (fracking) on drinking water supplies being conducted by the Environmental Protection Agency (EPA) must be addressed in order for the agency’s final report to be credible, according to a review of the study released Tuesday by the Battelle Memorial Institute.

Joining Canada’s EnCana Corp. in carefully monitoring capital expenditures (capex) and exploration in the coming year are two more top independents headquartered in Calgary: Nexen Inc. and Petro-Canada Inc., which last week detailed their reduced spending programs.

Joining Canada’s EnCana Corp. in carefully monitoring capital expenditures (capex) and exploration in the coming year are two more top independents headquartered in Calgary: Nexen Inc. and Petro-Canada Inc., which this week detailed their spending programs.

The Bureau of Land Management (BLM) split the baby on the controversial question of drilling on the Roan Plateau in Colorado with a decision allowing carefully programmed drilling on less than half, or about 34,000 acres, of the plateau area. The decision set aside about 17,000 acres with the restriction of no surface occupancy and proposed that the ban be extended to another 21,000 acres in special areas it has labeled as environmentally critical.

Carefully combing through its financial records for last year, like so many other energy companies these days, Northern Border Partners LP found a discrepancy related to some gathering and processing hedges. The company said it will have to revise downward previously estimated results for the fourth quarter and full year 2001.

Carefully combing through its financial records for last year, like so many other energy companies these days, Northern Border Partners LP found a discrepancy related to some gathering and processing hedges. The company said it will have to revise downward previously estimated results for the fourth quarter and full year 2001.

The Department of Interior’s Minerals Management Service (MMS)must carefully examine the option of including promising areas inits new 5-year leasing plan that have been subject to moratoria inthe past, the National Ocean Industries Association (NOIA) said.