The main thing that keeps Ralph Hill, Williams’ head of exploration and production, up at night is the slow pace of Powder River Basin drilling permits issued by the Bureau of Land Management (BLM). Although the pace has quickened, Hill told analysts Thursday that it’s still a far cry from the pace predicted by BLM, and Williams may have to compensate by speeding up drilling in other basins.
Frets
Articles from Frets
Williams Frets Over Pace of Powder River Permits, But Piceance Will Pick Up Slack
The main thing that keeps Ralph Hill, Williams’ head of exploration and production, up at night is the slow pace of Powder River Basin drilling permits issued by the Bureau of Land Management (BLM). Although the pace has quickened, Hill told analysts Thursday that it’s still a far cry from the pace predicted by BLM, and Williams may have to compensate by speeding up drilling in other basins.
February 13, 2004
Rig Count Plummets, IPAA Frets
Record low rig counts are a sure sign of an energy industry incrisis, according to the Independent Petroleum Association ofAmerica (IPAA). The Baker Hughes rotary rig count dated Jan. 22 forNorth America was at 942, a steep drop from the count one year agoof 1,508.
January 26, 1999
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
