The Colorado Oil and Gas Conservation Commission (COGCC) reconvened Thursday in Denver, but was unable to resolve lingering issues and delayed until Feb. 11 finalizing new setback requirements for oil and natural gas wells.
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Colorado Officials Set Near-Final Setback Rules
The Colorado Oil and Gas Conservation Commission (COGCC) ended three days of hearings in Denver Wednesday as it drew closer to finalizing new setback requirements for oil and natural gas wells, but it still fell short of finishing the unpopular and complex task.
Abraxas Selling Eagle Ford Stake, Alberta Basin Properties
San Antonio-based Abraxas Petroleum Corp. is finalizing talks to sell its 25% working interest in the Nordheim Project in the Eagle Ford Shale to an institutional buyer for about $20 million, the company said Monday.
Alaska LNG Export Project Said Close
ExxonMobil Corp., ConocoPhillips and BP plc apparently are close to finalizing a deal with Alaskan officials to build a liquefied natural gas (LNG) export terminal to transport natural gas to overseas markets.
Alaska LNG Export Project Said Close
ExxonMobil Corp., ConocoPhillips and BP plc apparently are close to a finalizing a deal with Alaskan officials build a liquefied natural gas export terminal to transport the state’s abundant natural gas to overseas markets.
EQT Interested in Midstream Partnership
EQT Corp. plans to stay in the midstream business, but not on its own.
BOEM Finalizing GOM Lease Extension Plan
The Interior Department’s Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) is finalizing a plan to extend deepwater leases in the Gulf of Mexico (GOM) for one year.
BOEM to Extend Some Deepwater Leases
The Interior Department’s Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) is finalizing a plan to extend deepwater leases in the Gulf of Mexico (GOM) for one year.
Completion Delays, Low Gas Prices Have Comstock Eyeing Eagle Ford Shift
Due to the limited availability of high-pressure pumping services, Comstock Resources Inc. said it continues to experience significant delays in completing its Haynesville or Bossier shale wells in North Louisiana. As a result, along with the relatively low price of dry natural gas, Comstock said it might put more focus on its liquids-rich Eagle Ford drilling program next year.
LNG Agreements to Provide Access, Marketing Services
Russia’s Houston-based Gazprom Marketing & Trading USA (GM&T USA) and Norway’s Statoil ASA said last week they are finalizing agreements to allow Gazprom to import liquefied natural gas (LNG) to the regasification terminal at Cove Point, MD, where Statoil holds capacity. Also last week, Barclays Capital and Excelerate Energy LLC said they have agreed for Barclays to market Excelerate’s LNG cargoes arriving at its Northeast Gateway deepwater port. Barclays also will provide optimization and hedging services as part of what the firm said is its new Barclays Capital LNG Services division.