Designated

Interior Proposes Changing Method for Calculating American Indian Oil Royalties

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.

June 19, 2014

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.

May 10, 2013

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.

January 7, 2013

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.

January 4, 2013

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.

May 8, 2012

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.

July 14, 2011

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.

December 29, 2008

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.

July 21, 2008

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.

July 18, 2008

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.

June 18, 2008
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