Conducts

A nonprofit organization that conducts voluntary reviews of state oil and natural gas regulations has made a few minor recommendations for Colorado’s hydraulic fracturing (fracking) regulations, but concluded that the program is well managed and contains some strengths the shale gas industry would find noteworthy.

Details are emerging of how the government of Quebec plans to allow companies to drill for shale gas in the province while it conducts a two-year environmental assessment of the growing industry.

Copper Eagle Gas Storage LLC., a joint event of El Paso Corp. and Pinnacle West Energy, currently is conducting a non-binding open season to assess market interest in a proposed high-deliverability natural gas storage facility to be located west of Phoenix, AZ, in Maricopa County.

Copper Eagle Gas Storage LLC., a joint event of El Paso Corp. and Pinnacle West Energy, currently is conducting a non-binding open season to assess market interest in a proposed high-deliverability natural gas storage facility to be located west of Phoenix, AZ, in Maricopa County.

The staff of the Federal Energy Regulatory Commission is undertaking a “comprehensive” review of the reporting requirements for natural gas pipelines, the electricity industry and oil pipelines to determine which still are needed and which aren’t.

The staff of the Federal Energy Regulatory Commission is undertaking a “comprehensive” review of the reporting requirements for natural gas pipelines, the electricity industry and oil pipelines to determine which still are needed and which aren’t.

Because of interest in moving more natural gas from the prolificPiceance Basin in northwest Colorado to interconnects withNorthwest Pipeline Co. in Rio Blanco County, CO, and QuestarPipeline Co. in Utah, Colorado Interstate Gas has begun an openseason to solicit support for expanding its Parachute CreekLateral.

The Oil & Gas Asset Clearinghouse, which conducts live floorand Internet bidding on oil and gas properties and prospects, soldmore than $34.4 million of properties at its ninth hybrid auctionheld Dec. 13. The Clearinghouse’s Selective Offering auctioned 321lots that consisted of more than 1,200 wells.