More than a year after becoming the only local jurisdiction in New Mexico to ban all oil and natural gas activity, Mora County’s three-member elected commission voted last Tuesday against repealing the ban it passed in April 2013. However, an industry representative predicts that the ban will be repealed next year.
Foster
Articles from Foster
Amec, Foster Wheeler $3.2B Tie-Up to Create Upstream, Downstream Services Giant
Natural gas and oil engineering giant Amec plc has an offer on the table to acquire Foster Wheeler AG for $3.2 billion, a merger that would create an upstream and downstream oilfield services behemoth.
Chesapeake Markets DJ Basin Properties
A package of five conventional and unconventional properties in the northern Denver-Julesburg (DJ) Basin of Wyoming and Colorado is up for sale by Chesapeake Energy Corp. Gross acreage is estimated at more than 684,000 acres; net acreage totals about 504,000 acres, according to Meager Energy Advisors, the listing agent.
Mexican Shale Discovery Prompts $10.4B Pipeline Plan
Prompted in large part by the recent discovery of significant shale gas deposits in the country’s north and east, Mexico will invest $10.4 billion to build more than 2,800 miles of natural gas pipelines and local distribution networks by 2018, a nearly 40% increase compared with the country’s current pipeline network, President Felipe Calderon said.
California Gas Future: Mixed, Manageable, Report Says
California has hedged itself reasonably well against the continuing uncertainty of natural gas prices and supplies, but the state needs to foster development of more regional western transmission pipeline and storage infrastructure while also determining the long-term potential for more shale gas, given the adverse environmental impacts it can carry. This is the essence of the natural gas portion of the state’s latest Integrated Energy Policy Report (IEPR), which is predominantly focused on the electricity sector.
California Gas Future: Mixed, Manageable, Report Says
California has hedged itself reasonably well against the continuing uncertainty of natural gas prices and supplies, but the state needs to foster development of more regional western transmission pipeline and storage infrastructure while also determining the long-term potential for more shale gas, given the adverse environmental impacts it can carry. This is the essence of the natural gas portion of the state’s latest Integrated Energy Policy Report (IEPR), which is predominantly focused on the electricity sector.
MMS Seeks Companies to Explore in Alaska’s Frontier Areas
The Minerals Management Service (MMS), looking to foster exploration in more remote areas of the Alaska Outer Continental Shelf, is assessing industry interest in exploring for oil and gas in Alaska’s Chukchi Sea/Hope Basin and Norton Basin.
MMS Seeks Companies to Explore in Alaska’s Frontier Areas
The Minerals Management Service (MMS), looking to foster exploration in more remote areas of the Alaska Outer Continental Shelf, is assessing industry interest in exploring for oil and gas in Alaska’s Chukchi Sea/Hope Basin and Norton Basin.
MMS Calls for Interest in Alaskan Frontier Exploration
A part of its plan to help foster exploration in largely unexplored areas of the Alaska Outer Continental Shelf, the Minerals Management Service (MMS) is asking companies about their interest in exploring for oil and gas in the Chukchi Sea, Hope Basin, and Norton Basin.
MMS Calls for Interest in Alaskan Frontier Exploration
A part of its plan to help foster exploration in largely unexplored areas of the Alaska Outer Continental Shelf, the Minerals Management Service (MMS) is asking companies about their interest in exploring for oil and gas in the Chukchi Sea, Hope Basin, and Norton Basin.