Dozen

Nearly a dozen CEOs of large U.S.-based publicly owned oil and gas companies earned some of the biggest compensation packages in the country last year, according to preliminary data compiled by Equilar, an executive compensation data firm.

Nearly a dozen CEOs of large U.S.-based publicly owned oil and gas companies earned some of the biggest compensation packages in the country last year, according to preliminary data compiled by Equilar, an executive compensation data firm.

The Ben Franklin Shale Gas Innovation & Commercialization Center (SGICC) has named a dozen finalists in its annual Shale Gas Innovation Competition, which will award a total of $75,000 to three winners to be selected next month.

The cash market Wednesday staged a broad rally of 15 cents with only a half-dozen points falling into the loss column as Old Man Winter refused to let go even with the first day of spring only a week away.

More than a dozen people were injured, at least two critically, and a young woman’s body had been recovered after an apparent natural gas leak triggered a huge explosion and four-alarm fire just after 6 p.m. Tuesday in an upscale Kansas City, MO, shopping district.

The federal Bureau of Land Management (BLM) has released an environmental assessment (EA) of XTO Energy Inc.’s proposed Riverbend gas project and is seeking public comment by Oct. 10.

Combined heat and power (CHP), or cogeneration, is advocated for a dozen states heavily dependent on coal-fired power generation as a way to ease off of coal and address global climate change. CHP often relies on natural gas as its fuel source, although biomass, biogas and other fossil fuels also can be used. A report by the American Council for an Energy Efficient Economy predicts that in the next two decades there will be “substantial changes” in the way electricity is produced, and CHP is one of the tools for making the transition smoother and less carbon-intensive. “Energy efficiency, and CHP, in particular, represent significant near-term opportunities to make highly cost-effective investments in new energy resources,” said Anna Chittum, author of the report, “Coal Retirements and the CHP Investment Opportunity.” The report urges states to encourage their utilities to invest more in CHP as a means of meeting future demand.

The Department of Energy (DOE) on Friday said it will invest $5.6 million in more than a dozen research projects to increase understanding of the potential of methane hydrates as an energy source.

Although among the smaller, less-life threatening of Colorado’s wildfires so far this summer, the Pine Ridge fire along the Western Slope tested the gas industry with the shutting in of more than 100 wells in part of the Piceance Basin (see Shale Daily, July 9), but the response was effective and expected by the gas industry, according to Encana Corp.’s manager in charge on the ground, David Grisso.