Harrison

Industry Briefs

SandRidge Energy Inc. has agreed to sell its East Texas natural gas properties in Gregg, Harrison, Rusk and Panola counties to NFR Energy LLC for $231 million. The properties include about 25,000 net acres with average 2011 production of approximately 25 MMcfe/d. Proceeds from the deal, which is expected to close in November, will be used to fund a portion of SandRidge’s oil-focused drilling program, the Oklahoma City, OK-based company said. As a result of the sale, SandRidge expects production to be 23.9 MMBoe in 2011 and 27.7 MMBoe in 2012. SandRidge recently increased its 2011 production guidance to 24.1 MMboe from the previously announced 23.3 MMboe.

September 28, 2011

People

New Mexico’s newly elected Gov. Susana Martinez has nominated former astronaut and U.S. senator Harrison Schmitt as the state’s secretary for Energy, Minerals and Natural Resources. The governor’s announcement follows a decision to dismiss the state’s environmental board tied to a cap-and-trade proposal. Schmitt is charged by the new governor to “harness and develop” energy sources in New Mexico as a means of reviving the state’s sputtering economy and creating new jobs. Schmitt’s nomination is subject to confirmation by state lawmakers. He said he will work with the governor to “enhance New Mexico’s potential” as “a leader in energy and natural resource development.” With an undergraduate degree from the California Institute of Technology and a doctorate degree from Harvard University, Schmitt earned an Air Force jet pilot’s wings in 1965 and Navy helicopter wings two years later. He participated in the National Aeronautical and Space Administration’s scientist-astronaut program beginning in 1965, and provided support for the Apollo 11 mission, before flying into space as part of the Apollo 17 mission. He landed on the Moon Dec. 11, 1972.

January 17, 2011

Former Astronaut Tabbed by New Mexico Governor for Energy Post

New Mexico’s newly elected Gov. Susana Martinez has nominated former astronaut and U.S. senator Harrison Schmitt as the state’s secretary for Energy, Minerals and Natural Resources. The governor’s announcement follows a decision to dismiss the state’s environmental board tied to a cap-and-trade proposal in the opening days of her new administration (see Power Market Today, Jan. 10).

January 13, 2011

Transportation Notes

Citing limited operational flexibility, mild weather and testing at its Harrison storage field, Tennessee said a systemwide OFO Action Alert will become effective Thursday until further notice for all Balancing Parties. They are required to maintain an actual daily flow rate not exceeding 2% of scheduled quantities or 500 Dth, whichever is greater, for overdeliveries into the system and undertakes from it.

October 6, 2010

Penn Virginia’s Bossier Test Well ‘Exceeded’ Expectations

The success of a horizontal test well in the emerging Lower Bossier Shale in Harrison County, TX, is expected to ramp-up at an initial rate of 10-15 MMcf/d once there is sufficient takeaway capacity from the region, Penn Virginia Corp. (PVA) said Friday.

June 2, 2008

Transportation Notes

Dominion experienced a rupture Saturday on a 20-inch supply line to one of its storage facilities in Harrison County, WV. The blast occurred in a remote area and didn’t cause a fire or injuries, a spokesman said. The line was isolated shortly afterwards, and because it wasn’t a residential line, no one lost service, he said. The pipeline was continuing an investigation into the cause of the incident Monday.

August 2, 2005

Mississippi Plans Offshore Development; Citizens Protest

Harrison County, Mississippi supervisors voted unanimously last Tuesday on a resolution opposing oil or gas exploration or drilling any closer than 12 nautical miles south of the barrier islands, part of the Gulf Islands National Seashore just off the county’s coastline. The resolution will go on to the Mississippi Development Authority (MDA), which is drawing up plans for development of the state’s offshore resources in the Gulf of Mexico (GOM).

June 6, 2005

Coastal Mississippians Condemn Close-in GOM Drilling

Harrison County, Mississippi supervisors voted unanimously Tuesday on a resolution opposing oil or gas exploration or drilling any closer than 12 nautical miles south of the barrier islands, part of the Gulf Islands National Seashore just off the county’s coastline. The resolution will go on to the Mississippi Development Authority (MDA), which is drawing up plans for development of the state’s offshore resources in the Gulf of Mexico (GOM).

June 2, 2005

NGPL Plans 10 Bcf Expansion at Texas Storage Field

Natural Gas Pipeline Company of America (NGPL) is planning to add 10 Bcf of working gas capacity to its North Lansing gas storage field in Harrison County, TX. The pipeline company is offering incremental storage capacity in an open season that started Monday and will end March 21.

March 7, 2005

NGPL Plans 10 Bcf Expansion at Texas Storage Field

Natural Gas Pipeline Company of America (NGPL) is planning to add 10 Bcf of working gas capacity to its North Lansing gas storage field in Harrison County, TX. The pipeline company is offering incremental storage capacity in an open season that started Monday and will ending March 21.

March 1, 2005
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