Natural gas and oil operators on Thursday made headway in digging out from nearly a week of torrential rains and flash flooding that has claimed lives and property throughout the Front Range of Colorado. Two oil spills related to Anadarko Petroleum Corp.’s operations were getting the major attention of industry and state officials as they continued to make post-storm assessments of the impact of historic flooding.
Impacted
Articles from Impacted
Industry Begins Assessing Damage in Colorado
Some of the pieces, albeit uneven, were being put back in place Tuesday by natural gas and oil operators that have felt the sting of the torrential rains and flash flooding that has claimed lives and property throughout the Front Range of Colorado.
Shell May Dump Some North American Land After $2B Writedown
Royal Dutch Shell plc has launched a strategic review of its North American oil and gas operations, particularly the unconventional assets, after taking a charge of more than $2 billion on the value of its U.S. and Canadian liquids-rich properties.
Revised DOI Frack Rule Still Too Expensive, Industry Groups Say
The second version of the U.S. Department of Interior’s (DOE) proposed rule to regulate hydraulic fracturing (fracking) on public lands isn’t as bad as the first, but with a projected cost per well of $96,913, it still leaves much to be desired, industry groups said.
Early Work Under Way on TransCanada Mainline Conversion
TransCanada Corp.’s first quarter earnings were positively impacted by the recent decision by Canada’s National Energy Board (NEB) on the company’s Mainline restructuring proposal, the company said Friday. TransCanada also pushed back the in-service date of its long-delayed Keystone XL oil pipeline to late 2015 from the previously planned late 2014/early 2015 due to regulatory delays.
Early Work on TransCanada Mainline Conversion Under Way
TransCanada Corp.’s first quarter earnings were positively impacted by the recent decision by Canada’s National Energy Board (NEB) on the company’s Mainline restructuring proposal, the company said Friday. TransCanada also pushed back the in-service date of its long-delayed Keystone XL oil pipeline to late 2015 from the previously planned late 2014/early 2015 due to regulatory delays.
‘Less than a Third’ of GOM Rigs Affected by Safety Order
Less than one-third of the drilling rigs now operating in the Gulf of Mexico (GOM) apparently have been impacted by a possible defect in bolts that are connected to well blowout preventers (BOP), according to the Bureau of Safety, Environment and Enforcement (BSEE).
Faulty Bolts Affect Less than Third of GOM Rigs
Less than one-third of the drilling rigs now operating in the Gulf of Mexico (GOM) apparently have been impacted by a possible defect in bolts that are connected to well blowout preventers (BOP), according to the Bureau of Safety, Environment and Enforcement (BSEE).
Colorado Drilling Water Tests Draw Mixed Reviews
Colorado on Monday established new mandatory water sampling requirements for oil and natural gas drilling drawing criticism from industry and environmental groups. Sampling of multiple water wells before and after drilling is now required.
Industry Briefs
Of the estimated 33,000 natural gas customers who were impacted by Superstorm Sandy, New Jersey Natural Gas (NJNG) reported on Wednesday that it had restored service to about 18,000 meters on Long Beach Island in Monmouth County and parts of Ocean County. However, before gas can flow to the meters, residents have to return to their homes, have their electricity restored and hire qualified technicians to ensure the equipment is safe to operate, said a NJNG spokesman. He said it was a “little harder to quantify” how much of the distribution system’s infrastructure, which was damaged by Sandy, would have to be replaced.