U.S. oil and gas drilling permits climbed 23% year/year in October and were up 39% from September, a strong sign that activity is likely to improve early next year, Evercore ISI said Thursday.
Articles from Issued
Atlantic Sunrise Moving Forward After Pennsylvania Issues Key Permits
Williams Partners LP’s Transcontinental Gas Pipe Line Co. LLC (Transco) has received long-awaited water crossing and earth disturbance permits for the Atlantic Sunrise pipeline project, paving the way for a sorely needed 1.7 Bcf/d expansion to serve natural gas producers in northeast Pennsylvania.
BLM Draft Proposals Unsettle Energy Industry in Western Colorado
The Bureau of Land Management (BLM) in Colorado this week issued two draft environmental proposals that could set back future oil and natural gas development in parts of western Colorado, including previously issued leases in the Thompson Divide and Roan Plateau.
ZaZa, EOG Step Up Eagle Ford JV Activity
ZaZa Energy Corp. and joint venture (JV) partner EOG Resources Corp. have revised their agreement in order to further develop and expand their Eaglebine/Eagle Ford Shale East assets
FERC Comes Down on Both Sides of ISO-NE Fuel Delivery Dispute
New England power generators will be held responsible for outages based on their economic decisions not to line up deliveries of natural gas or other fuel, but will not be liable if they can demonstrate the fuel/transportation is unavailable, according to a mixed ruling issued by FERC in response to a complaint filed by the New England Power Generators Association (NEPGA).
Ohio, Pennsylvania, West Virginia Issued 411 Permits in July
State regulators in Ohio, Pennsylvania and West Virginia collectively issued 411 permits for oil and gas drilling during the month of July, most of which targeted the Marcellus and Utica shales.
State Dept. OKs Canadian Ethane Pipeline Link in North Dakota
The Obama administration has issued a presidential permit for the 80-mile U.S. pipeline link in North Dakota that is slated to carry ethane as part of a 430-mile international pipeline through Saskatchewan and terminating in Alberta.
FERC Proposes NatGas Pipes, Transmission Operators Share Information
FERC on Thursday issued a draft notice of proposed rulemaking (NOPR) that would allow interstate natural gas pipelines and electric transmission operators to share nonpublic operational information that they believe would promote reliable service and better planning on their systems. The proposal is the first concrete step that the Federal Energy Regulatory Commission (FERC) has taken toward coordinating the two markets.
ALJ Finds REX Fuel Tracker Unlawful; Calls for $22.2M Refund
A FERC administrative law judge (ALJ) initial decision issued last week has found that the fuel tracking provisions for Rockies Express Pipeline LLC (REX) are not just and reasonable, recommended refunds to shippers of $22.2 million, and endorsed an alternative to the existing tracker, which was found to be overly complex and almost impossible to monitor.
Pony Express Conversion Project Gets Favorable Environmental Nod
FERC on Friday issued a favorable environmental assessment (EA) of Tallgrass Interstate Gas Transmission’s proposal to convert the Pony Express Pipeline to meet the increasing demand for crude oil transportation service out of the Bakken formation.