A total of 29 parcels comprising 35,889 acres in a promising unconventional find in northeastern Nevada were sold to six companies for a total of $1.27 million by the Bureau of Land Management (BLM) during its quarterly oil and gas competitive lease sale held in Reno, NV, the agency said.
Articles from Comprising
Marcellus Shale ethane is a long way from the Mont Belvieu, TX, market center, making it the most likely supply to be rejected in times of surplus. But Marcellus producer Range Resources Corp. has an alternative — and a contract — to deliver some of its ethane to Philadelphia for sale to a European petrochemical producer.
The U.S. Transportation Department’s Office of Pipeline Safety(OPS) has ordered all three of the pipes comprising El Paso NaturalGas’ 1 Bcf/d South Mainline from Texas to California to remainclosed until extensive tests can be done to ensure they are safe tooperate.