Chance

The public has a chance to comment on a relaunched natural gas project to be built in Uintah County, UT, according to the Bureau of Land Management (BLM) field office in Vernal, UT. Stewart Petroleum Corp.’s Tumbleweed II project is to be located on about 7,600 acres around 32 miles south of Ouray, UT. In a draft environmental analysis (EA) of the project, BLM evaluated up to nine deep, exploratory gas wells that would be drilled from seven well pads. About 12 miles of gas pipeline would be constructed, and four miles of roads would be upgraded or added. Total surface disturbance would be about 45 acres. BLM said the draft EA for Tumbleweed II analyzes four alternatives: proposed action alternative, no action alternative, buried pipeline alternative and additional directional drilling alternative. After the public comment period ends Oct. 16, the draft EA is to be finalized, and BLM said it would issue its decision.

The public has a chance to comment through mid-October about a relaunched natural gas project to be built in Uintah County, UT, according to the Bureau of Land Management (BLM) field office in Vernal, UT.

Alaska natural gas producers are being offered a chance to win shares in a $3 billion bonus if they sign up for delivery capacity on TransCanada Corp.’s entry in the contest to build a pipeline to the Lower 48.

Alaska natural gas producers are being offered a chance to win shares in a $3 billion bonus if they sign up for delivery capacity on TransCanada Corp.’s entry in the contest to build a pipeline to the Lower 48.

The 2009 Atlantic hurricane season is likely to look much like the just-concluded 2008 season: above-average activity, with an above-average chance of at least one major (Category Three or greater) hurricane making landfall on the Gulf Coast, according to weather forecasters at Colorado State University (CSU).

The 2009 Atlantic hurricane season is likely to look much like the just-concluded 2008 season: above-average activity, with an above-average chance of at least one major (Category Three or greater) hurricane making landfall on the Gulf Coast, according to weather forecasters at Colorado State University (CSU).

The previous day’s 8.8-cent gain by September futures, along with some forecasters saying there was a chance Tropical Storm Fay could reenter the Gulf of Mexico (GOM) closer to the offshore production area, resulted in higher prices in most of the cash market Wednesday.

Waning La Nina conditions and a continued warm water cycle in the Atlantic Basin increase the chance that storms will hit the United States during the upcoming Atlantic hurricane season, chief long-range forecaster Joe Bastardi and his AccuWeather.com team said Friday. Bastardi and Andover, MA-based WSI Corp., which issued a separate tropical storm forecast last week, each said those same trends will bring an above average hurricane season.

Energy analysts at Raymond James & Associates Inc. cut their natural gas price forecast through the rest of the year on the “reasonable chance” that U.S. gas prices could fall to $5/Mcf or lower over the next two months because of bloated storage levels.