Changes

Cuomo to Decide on New York Fracking Before 2014 Election?

New York Gov. Andrew Cuomo said he will make the long-delayed decision on whether to lift a moratorium on high-volume hydraulic fracturing (HVHF) before the next gubernatorial election in 2014.

May 29, 2013

Southwestern: $4 Gets Fayetteville Moving

When natural gas prices are $3.00/Mcf, Southwestern Energy Co. has 1,200-1,500 well locations to drill in the Fayetteville Shale, but “in today’s price environment, that changes substantially,” CFO Robert Craig Owen said last Wednesday in Austin, TX.

May 27, 2013

Southwestern’s Fayetteville Comes Alive With $4 NatGas

When natural gas prices are $3, Southwestern Energy Co. has 1,200-1,500 well locations to drill in the Fayetteville Shale, but “in today’s price environment, that changes substantially,” CFO Robert Craig Owen said Wednesday in Austin, TX.

May 24, 2013

Natural Gas E&P Rally Excites Investors

Natural gas prices have been rallying a bit lately, and stocks “tend to correlate” with changes in the forward curve, but the stock price rally hasn’t been accompanied by a gain in the strip price, Tudor, Pickering, Holt & Co. (TPH) analysts said in a note to clients.

March 20, 2013

Connecticut NatGas Expansion to Cost LDCs $2.26B

Connecticut Gov. Dannel Malloy’s energy plan, which calls for the construction of 900 miles of natural gas mains and a host of financial and regulatory changes to make gas available to as many as 300,000 homes and businesses, would cost the state’s natural gas local distribution companies (LDC) $2.26 billion, according to the state’s Public Utilities Regulatory Authority (PURA).

March 18, 2013
USGS: Shale Underlies Some of Susquehanna Valley’s Prime Aquifers

USGS: Shale Underlies Some of Susquehanna Valley’s Prime Aquifers

Portions of the Susquehanna River Valley aquifer in an area of New York that overlies the Marcellus and Utica shales are among the most favorable for potential large-scale groundwater supply, according to a U.S. Geological Survey (USGS) study.

March 15, 2013

Connecticut NatGas Expansion Would Cost LDCs $2.26B, Regulators Say

Connecticut Gov. Dannel Malloy’s energy plan, which calls for the construction of 900 miles of natural gas mains and a host of financial and regulatory changes to make gas available to as many as 300,000 homes and businesses, would cost the state’s natural gas local distribution companies (LDC) $2.26 billion, according to the state’s Public Utilities Regulatory Authority (PURA).

March 12, 2013

Utica Operators Face Changes Under Ohio Budget Bill

Operators of horizontal oil and natural gas wells in Ohio face a bevy of regulatory changes — including quarterly production reports, a $25,000 per well impact fee, and new testing and disposal requirements for drilling waste — under Gov. John Kasich’s biennial budget proposal.

March 4, 2013

New York Debate Enters New Stage as Fracking Rules Deadline Passes

As the state of New York missed Wednesday’s deadline to create regulations for high-volume hydraulic fracturing (HVHF), supporters and opponents of the practice took aim at Gov. Andrew Cuomo, anti-fracking lawmakers sought a one-year moratorium, and a landowners group said it would sue the state over the delay.

February 28, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 7, 2013
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