The Pennsylvania Senate energy committee has reported out two bills that would better protect oil and natural gas royalty interest owners. SB 138 would allow landowners to inspect the records of gas companies to verify proper payments, and SB 139 would prohibit a gas company from “retaliating” in response to landowner questions about the accuracy of those payments. The bills will now be heard by the full Senate. Similar versions failed last year after they stalled in the state House of Representatives. Pennsylvania lawmakers have tried but failed for years to pass legislation that would better protect landowners, who have, among other things, raised concerns about post-production costs being deducted from their royalties.
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The U.S. Fish and Wildlife Service (FWS) erred in spring 2014 when it listed the lesser prairie-chicken (LPC) as a “threatened” species, a U.S. District Court judge in Texas ruled. FWS failed to properly consider efforts implemented by states to protect the bird and failed to follow its own rules when arriving at the listing designation, he said.
U.S. domestic crude oil production is at its highest level in 20 years, outstripping pipeline capacity and, increasingly, making its way to refineries and storage centers via railroads, according to the Energy Information Administration (EIA).
While the United States has undergone a “tectonic shift” underground with the shale revolution, that shift has failed to translate to attitudes above-ground, Sen. Lisa Murkowski (R-AK) she told a crowd of more than 900 from around the world attending the Energy Information Administration Energy Conference in Washington, DC.
Stability has come to the Texas oil and gas exploration and production sector, which is a good thing for producers and for consumers, said the economist who compiles the state’s monthly Texas Petro Index (TPI).
Williams officials said they have concluded that “a failed pressure gauge is the source of the hydrocarbon fluids” the company found last month near its Parachute Gas Plant. “The leak was stopped on Jan. 3, 2013 at 12:33 a.m. The gauge was part of valve set on a four-inch NGL pipeline belonging to Williams Partners.”
Royal Dutch Shell plc failed to maintain “adequate oversight” of its Alaska offshore contractors, on which it relied for “many critical aspects of its program,” and that led to problems in the inaugural drilling program in the Beaufort and Chukchi seas last summer, the Department of Interior said Thursday.