Confirmed

Second LNG Study Said Favorable to Exports

Two top energy lawmakers in the Senate confirmed last week that the long-awaited second part of a Department of Energy (DOE) report on the economic impact of exporting domestically produced natural gas will likely be released before the end of the year, and that the results will be favorable to gas exports. Congress was called on to express its support for gas exports.

December 3, 2012

Industry Brief

Calpine Corp. has confirmed that it plans to develop a 309 megawatt natural gas-fired generation plant in Delaware and continue its efforts to switch from coal to gas in the portfolio it obtained when it acquired Conectiv Energy’s generation fleet from Pepco Holdings Inc. in a $1.3 billion deal two years ago (see Daily GPI, Aug. 2, 2010). Calpine said the completion of the Garrison Energy Center in Dover, DE, depends upon “continued successful development milestones,” but Calpine is “committed to proceed with full-scale development efforts.” Calpine CEO Jack Fusco said Calpine voluntarily eliminated the coal-fired plants among the 19 facilities it purchased from Pepco, and the Garrison plant development is the next step in that commitment.

November 2, 2012

Internal Investigation Clears Encana of Collusion

Encana Corp.’s board of directors has concluded that the producer did not collude with “competitors” on land leasing in Michigan two years ago.

September 7, 2012

Devon Completes Fourth Tuscaloosa Marine Shale Well

Devon Energy recently completed its fourth horizontal well in the Tuscaloosa Marine Shale (TMS) and the initial production test figures show the strongest oil production results of the company’s TMS wells drilled to date” at 384 b/d, according to the Louisiana Department of Natural Resources (DNR).

July 16, 2012

Senate Approves FERC, EIA Nominations

The Senate late Thursday confirmed by voice vote the nominations of Tony Clark and John Norris to FERC and Adam Sieminski to head the Energy Information Administration (EIA).

May 29, 2012

Senate Approves FERC, EIA Nominations

The Senate late Thursday confirmed by voice vote the nominations of Tony Clark and John Norris to the Federal Energy Regulatory Commission and Adam Sieminski to head the Energy Information Administration (EIA).

May 28, 2012

TMS Well Flows at More Than 1,000 boe/d

Goodrich Petroleum Corp. Wednesday confirmed that a recently drilled well in the Tuscaloosa Marine Shale (TMS) of Louisiana and Mississippi had an initial flow rate exceeding 1,000 boe/d.

May 24, 2012

Heidelberg Appraisal Well Confirms Field’s Extension, Says Anadarko

A sidetrack appraisal well at the Heidelberg prospect in the deepwater Gulf of Mexico (GOM) has successfully confirmed an extension of up to 1,500 acres, an Anadarko Petroleum Corp. executive said Thursday.

April 20, 2012

Shale Gas Drilling Backlog Grows, Says Societe Generale

A well count “evolution” is taking place across the United States because the “cost of opportunity of drilling shale gas is growing,” said Societe Generale analysts in a note to clients.

April 9, 2012

Encana Hunts for North American Drilling Partners

Calgary-based Encana Corp. confirmed last week that it is looking for a partnership to help finance some of its North American oil and liquids-rich opportunities.

April 9, 2012