Command

Industry Briefs

A news media tour was held Saturday at the Mayflower, AR, oil spill area under the joint command of local, state and federal officials, as well as ExxonMobil representatives. The event was held to provide an update of the spill, which occurred March 29 when a portion of the ExxonMobil Pegasus Pipeline ruptured. Since then, the portion of the 850-mile oil pipeline that failed has been removed for analysis at an independent laboratory and a new section of pipeline installed, all under state and federal oversight. In ExxonMobil’s most recent daily report the company indicated that cleanup was coming to an end and remediation of the area should begin soon. Monitoring by the company and various agencies has indicated that there has been no contamination of water or air from the spilling of what is estimated to be 5,000 bbl of oil. Besides U.S. Environmental Protection Agency representatives, there have been representatives from the federal Pipeline and Hazardous Materials Safety Administration, the Arkansas Attorney General’s Office and local government on the scene since the cleanup began. Arkansas Attorney General Dustin McDaniel launched an investigation several days after the incident (see Shale Daily, April 3).

April 23, 2013

Rig Still Grounded in Alaska as Arctic Drilling Questioned

On Friday the Kulluk Tow Incident Unified Command was planning “numerous air operations and overflights” of the Kulluk oil rig, which has been grounded off Sitkalidak Island in Alaska since Dec. 31.

January 7, 2013

West Virginia Gas Pipeline Ruptures Near Compressor Station

Authorities Tuesday said no one was killed after a 20-inch diameter transmission line owned by NiSource Inc. exploded just after midday near its Columbia Gas Transmission Lanham Compressor Station near Sissonville, WV, a rural community of 4,000 about 15 miles north of the state capital, Charleston.

December 12, 2012

Marcellus Producers Struggle to Manage Ethane

The rich gas corridor of the Marcellus Shale is attracting producers even at low natural gas prices, but while most natural gas liquids (NGL) command a premium in the Northeast, the lack of ethane markets in the region is a challenge, according to several industry players.

March 28, 2011

Marcellus Producers Struggle to Manage Ethane

The rich gas corridor of the Marcellus Shale is attracting producers even at low natural gas prices, but while most natural gas liquids (NGL) command a premium in the Northeast, the lack of ethane markets in the region is a challenge, according to several industry players.

March 28, 2011

Energy Industry Often Overlooks Bottom-Line Opportunities, Says Report

Price volatility, regulatory initiatives and the pressure to use the most advanced extraction technologies command most of the oil and gas industry’s attention, but companies shouldn’t overlook the opportunities that exist for those companies that actively manage their cash and working capital, according to a report by Ernst & Young.

November 29, 2010

Energy Industry Often Overlooks Bottom-Line Opportunities, Says Report

Price volatility, regulatory initiatives and the pressure to use the most advanced extraction technologies command most of the oil and gas industry’s attention, but companies shouldn’t overlook the opportunities that exist for those companies that actively manage their cash and working capital, according to a report by Ernst & Young.

November 29, 2010

Bearish Sentiment Still Rules at Most Points

With at least a couple of traders starting to express boredom over a stagnant market, moderate softness remained in command at most points Tuesday. Just as they have almost every day so far in the new year, some prices swam against the general tide: several instances of flat to up to more than a quarter higher numbers were seen in the Gulf Coast, Midcontinent/Midwest and West.

January 11, 2006

Weather, Storage Influences Keep Bears in Command

Although the screen was successful in a feeble attempt at rallying during regular-session activity, cash prices continued to fall Thursday as traders contemplated the dual market depressants of hefty volumes already socked away into storage less than midway through injection season along with temperatures that, while on the warm side, remain subpar for this time of year.

June 22, 2001