With two weeks still left in 2010, Range Resources Corp. said Wednesday it has more than doubled its Marcellus Shale production year/year.
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Transportation Notes
Opal Plant operator Williams Field Services (WFS) said Tuesday afternoon existing cold in the plant area and “the projected extremely cold weather forecast going into the long holiday weekend may require WFS to make nomination reductions. These cuts would be due to the potential for current and future [equipment] freeze-offs. We are encouraging all customers to nominate the gas they believe is currently flowing.” WFS also advised customers to rank the gas they would prefer to have cut if that became necessary.
Bevy of Anadarko’s Onshore Wells Awaiting Infrastructure
Anadarko Petroleum Corp. has 100 wells, “maybe a few more,” in the Marcellus Shale alone that are not completed or tied in as they await infrastructure, a company executive said Tuesday.
Consensus Grows: CSU Sees ‘Very Active’ Hurricane Season Ahead
The Atlantic hurricane season, which officially began this week, will be “very active,” with 18 named storms, including 10 hurricanes, five of them intense (Category Three or greater), forming before the season ends Nov. 30, according to Colorado State University (CSU) forecasters.
‘Extremely Active’ Hurricane Season Possible, NOAA Says
The 2010 Atlantic hurricane season, which begins Tuesday (June 1) is expected to be “active to extremely active,” with 14-23 named storms, including eight to 14 hurricanes, three to seven of them intense (Category Three or greater), according to an outlook issued Thursday by the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center.
Concerns Raised About BP Liability Under Oil Spill Fund
Lawyers for commercial fishermen in southern Louisiana said they are “extremely concerned” about a provision in the Oil Spill Liability Trust Fund that limits BP’s liability responsibility to no more than $75 million for damages that may be claimed by companies, individuals and/or the government, aside from the costs of containing and cleaning up the massive spill.
Bearishness Reigns; Quotes Fall at Nearly All Points
Thursday’s burst of extremely mild firmness in most of the cash market proved to be short-lived as prices fell at nearly all locations Friday. Spring-like weather was spreading to more areas, and the previous day’s decline of 12.4 cents by April futures and the typical weekend drop of industrial load also depressed spot gas numbers.
Bearishness Reigns; Quotes Fall at Nearly All Points
Thursday’s burst of extremely mild firmness in most of the cash market proved to be short-lived as prices fell at nearly all locations Friday. Spring-like weather was spreading to more areas, and the previous day’s decline of 12.4 cents by April futures and the typical weekend drop of industrial load also depressed spot gas numbers.
Now a Major Hurricane, Bill Stays at Sea
Though Bill remains hundreds of miles from the East Coast, it is now an “extremely dangerous” Category Four hurricane and could give the coast of New England a glancing blow by Sunday, the National Weather Service’s National Hurricane Center (NHC) said Wednesday.
Producer Groups Slam Colorado’s Draft Energy Rules
The Colorado Oil and Gas Association (COGA) is “extremely concerned” about the draft oil and natural gas rules issued last week by state regulators, which COGA said may have a negative effect on the booming energy industry.