Garnered

Industry Brief

Wyoming’s Office of State Lands and Investments garnered $11.6 million for first-year rental and application fees on state trust land parcels offered at a quarterly oil/natural gas lease sale last Wednesday in Cheyenne. The state lands office sold all 199 parcels it offered covering approximately 83,609 acres of state trust lands. Bids ranged from $1 to $5,500/acre, the state unit said. Revenue generated from the state trust lands oil/gas lease auction is distributed to public education, the University of Wyoming and the Veteran’s Home of Wyoming. The “real revenue” from the auction comes later when there is production from the leases, according to Ryan Lance, director of the lands/investment office. The office will hold its next oil/gas lease auction Aug. 8.

April 10, 2012

Many Not Thrilled With West Virginia’s New Marcellus Law

One day after HB 401 — also known as the Natural Gas Horizontal Wells Control Act –garnered overwhelming support in both houses of the West Virginia legislature (see Shale Daily, Dec. 15), advocates for the shale gas industry, surface owners’ rights and the environment told NGI’s Shale Daily on Thursday that the bill isn’t all they had hoped for.

December 16, 2011

Devon Posts Record Earnings

Operating results and a “successful” repositioning of the company’s assets garnered Devon Energy Corp. record net earnings last year, CEO John Richels said last Wednesday.

February 21, 2011

Haynesville Area Leading Louisiana Production Climb

Natural gas production in Louisiana last year hit a level not seen since 1980, according to state records. In 2010 the state produced nearly 2.06 Tcf, which is nudging up against the 2.67 Tcf produced 21 years ago.

February 18, 2011

Devon Posts Record Earnings

Operating results and a “successful” repositioning of the company’s assets garnered Devon Energy Corp. record net earnings last year, CEO John Richels said Wednesday.

February 17, 2011

North Louisiana Garners More Interest in Latest Sale

The latest monthly lease sale held by Louisiana’s Mineral and Energy Board last Wednesday garnered more than $500,000 in bonuses, which brought the total collected for fiscal 2010-2011 to more than $24.3 million.

February 14, 2011

Industry Brief

Wabash Gas Storage LLC said a recent open season garnered bids for more than three times the capacity of its 12-14 Bcf storage facility under development in eastern Illinois near Midwestern Gas Transmission Co. pipeline’s Paris compressor station (see Daily GPI, Nov. 16). Injection and withdrawal capacity of the facility is estimated at 200,000 MMBtu/d. Wabash also received expressions of interest in having the storage project interconnect with the Rockies Express and Panhandle Eastern pipeline systems.

December 23, 2010

Shippers Commit to Marcellus Projects

Two pipeline expansion projects to carry Marcellus Shale gas to markets in Canada and the Northeast have garnered significant shipper support, said National Fuel Gas Supply Corp. and Empire Pipeline Inc., which comprise the pipeline and storage segment of National Fuel Gas Co.

May 3, 2010

National Fuel Signs Up Marcellus Shippers

Two pipeline expansion projects to carry Marcellus Shale gas to markets in Canada and the Northeast have garnered significant shipper support, said National Fuel Gas Supply Corp. and Empire Pipeline Inc., which comprise the pipeline and storage segment of National Fuel Gas Co.

April 29, 2010

National Fuel Signs Up Marcellus Shippers

Two pipeline expansion projects to carry Marcellus Shale gas to markets in Canada and the Northeast have garnered significant shipper support, said National Fuel Gas Supply Corp. and Empire Pipeline Inc., which comprise the pipeline and storage segment of National Fuel Gas Co.

April 29, 2010
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