The U.S. Department of Interior (DOI) has proposed amending its regulations over how it determines the value, for royalty purposes, of oil produced on American Indian leases. If enacted, the department said the change could boost tribal royalties by $20 million annually.
Tag / Designated
SubscribeDesignated
Articles from Designated
Goodrich ‘Gaining Valuable Knowledge’ in TMS
Goodrich Petroleum Corp.’s Tuscaloosa Marine Shale (TMS) development is continuing, and the company has high hopes for the play. Meanwhile, it has returned to completing wells in the Haynesville Shale in anticipation of higher natural gas prices.
Southeastern U.S. Could be Growth Area for Gas Assets
Since its analyst meeting early last year, Sempra Energy senior management has signaled that its newly designated U.S. Gas & Power (USGP) unit was intent on moving away from merchant power assets in the West and deploying more capital in the Southeast to support its gas infrastructure strategy. USGP maintains a regional headquarters in Greenville, SC.
Sempra Energy: Growing Gas Presence in Gulf Area
Since its analyst meeting early last year, Sempra Energy senior management has signaled that its newly designated U.S. Gas & Power (USGP) unit was intent on moving away from merchant power assets in the West and deploying more capital in the Southeast to support its gas infrastructure strategy. USGP maintains a regional headquarters in Greenville, SC.
CFTC Assesses $1.78M in Fees to Oversee SRO Program
The Commodity Futures Trading Commission (CFTC) published a schedule of annual fees that it will charge designated contract markets (DCM) and registered futures associations for the operation of its self-regulatory organization (SRO) program.
Texas Hopes to Finalize Frack Fluid Rules by 2012
Officials with the Railroad Commission of Texas (RRC) said they hope to have all rules governing the public disclosure of hydraulic fracturing (fracking) fluids — including one key rule with a separate deadline — finalized by the end of the year.
Moody’s Drops Rating on Northern California Public Gas Buyer
After two months of being on a designated watch for possible downgrade, Northern California Gas Authority (NCGA), a gas purchaser for public-sector utilities, had its gas revenue bonds (Series 2007 A and B) rating dropped to “A2” from “A1” by Moody’s Investors Service.
House Deals Another Blow to Weaver’s Cove LNG
The House last Wednesday passed legislation (HR 415) that calls for the Taunton River in southeast Massachusetts to be designated as a Wild and Scenic Rivers system, putting another roadblock in the path of the embattled Weaver’s Cove Energy liquefied natural gas (LNG) project.
House Deals Another Blow to Weaver’s Cove LNG Project
The House Wednesday passed legislation (HR 415) that calls for the Taunton River in southeast Massachusetts to be designated as a Wild and Scenic Rivers system, putting another roadblock in the path of the embattled Weaver’s Cove Energy liquefied natural gas (LNG) project.
CFTC Chairman: No Evidence of Excess Speculation in Oil Market
Commodity Futures Trading Commission (CFTC) Acting Chairman Walter Lukken told a joint Senate committee hearing Tuesday that the agency has uncovered no evidence of excessive speculation in the crude oil market, but he could not rule out the possibility of manipulation.