Boardwalk Pipeline Partners LP has been feeling the impact of shifting market fundamentals as shrinking basis differentials make recontracting capacity on some of its pipelines more challenging. However, more demand from new power generators is waiting in the wings to take up the slack.
Impact
Articles from Impact
North Dakota Judge Rules on Shore Zone Mineral Rights
In a case that carries tens if not hundreds of millions of dollars of impact, a North Dakota District Court judge rendered the first opinion in a dispute over who is entitled to subsurface mineral rights in the “shore zone” along two major navigable waterways in the state. Ultimately, the issue will need to be resolved by the state Supreme Court, state officials said.
Industry Brief
A portion of excess funds from a recent Colorado state revenue forecast should be spent to study the impact of oil and gas exploration and development on air quality, according to the Governor’s Office of State Planning and Budgeting (OSPB). In an amended spending request to the state’s Joint Budget Committee, the OSPB asked that $492,776 go to the Colorado Department of Public Health and Environment (CDPHE) to conduct the survey, and another $567,000 from the state’s capital construction budget be used to purchase equipment for the survey. Gov. John Hickenlooper also recommended $1.3 million in cash fund spending authority for CDPHE to enter into a collaborative partnership with Colorado State University to begin collecting data for a broader study of the impacts of oil and gas operations on air quality in the state’s northern Front Range (see Shale Daily, Jan. 14).
Colorado County Extends Drilling Permit Moratorium
Saying they needed more time to implement new oil and natural gas drilling regulations, elected officials in Boulder County, CO, have extended for four months a drilling permit moratorium to June 10.
Colorado Oil Production at 50-Year High in 2012
Colorado’s oil production last year passed the 40 million bbl mark for the first time in 50 years, while natural gas and coalbed methane (CBM) production were down in the face of stubbornly low prices, according to preliminary data from the Colorado Oil and Gas Conservation Commission (COGCC).
North Dakota Legislature Looks to Reduce Gas Flaring
The North Dakota legislature is considering legislation that would impact exploration and production (E&P) companies, including offering incentives to eliminate natural gas flaring at the wellhead.
North Dakota Weighing E&P Legislation
The North Dakota legislature is considering legislation that would impact exploration and production (E&P) companies, including offering incentives to eliminate natural gas flaring at the wellhead.
New York Localities Make Divergent Moves on Fracking
Elected officials in the Town of Chenango, NY, voted 3-2 to reject a moratorium on local ordinances that, if enacted, would have delayed permitting for oil and natural gas activities, including hydraulic fracturing (fracking), within the Broome County town’s limits.
Murkowski: Interior EIS Locks Up NPR-A Gas Reserves
Sen. Lisa Murkowski of Alaska, the ranking member of the Senate Energy and Natural Gas Resources Committee, blasted the Obama administration’s final environmental impact statement (EIS) on the land management plan that will guide oil and natural gas development in the National Petroleum Reserve-Alaska (NPR-A) in the years ahead, saying it would restrict access to more than 80% of the gas reserves.
New York Taps Health Experts to Conduct Fracking Analysis
With a Nov. 29 deadline quickly approaching, the New York State Department of Health (DOH) has reportedly hired experts from three universities to conduct a health impact analysis of high-volume hydraulic fracturing (HVHF) in the state.