Keeping

Keeping U.S. natural gas at home would yield more economic bang per molecule than liquefying and exporting it, according to a study conducted by Charles River Associates and paid for by The Dow Chemical Co., which has lobbied hard against exporting liquefied natural gas (LNG).

A U.S. District Court in Denver ruled Wednesday that the Bureau of Land Management’s (BLM) practice of keeping secret from the public the identity of entities nominating public lands for oil and natural gas development is unlawful.

Analysts are keeping an eye on costs and production results from the still-emerging Tuscaloosa Marine Shale (TMS), but Amelia Resources LLC is going “100 mph” to market 47,300 net acres in the play, which management believes may hold a resource potential of more than 1 billion bbl.

Analysts are keeping an eye on costs and production results from the still-emerging Tuscaloosa Marine Shale (TMS), but Amelia Resources LLC is going “100 mph” to market 47,300 net acres in the play, which management believes may hold a resource potential of more than 1 billion bbl.

Colorado’s Air Quality Control Commission voted to partially adopt federal clean air rules that target hydraulic fracturing (fracking) emissions and hold public meetings next year to consider full implementation of the Environmental Protection Agency (EPA) rules.

Agreements between two oil and gas producers and a small Front Range Colorado town have added to the state’s rules covering hydraulic fracturing and depend solely on the state for enforcement. Memoranda of understanding (MOU) inked separately by Encana Oil & Gas Co. and Anadarko Petroleum Corp. with the city of Erie, CO, include several best management practices mutually agreed to with city officials and incorporated into state permitting requirements for new wells.

California regulatory staff has released a report urging “significant penalties” for Pacific Gas and Electric Co.’s (PG&E) lax natural gas pipeline record-keeping and alleging that some of the misclassifications had resulted in pressures that violated federal standards and presented “significant risks” to the general public and went unreported for years.

Although keeping a lid on the details of the deal for now, Rex Energy Corp. said the Utica Shale joint venture it recently entered into with MFC Drilling Inc. and Abarta Oil & Gas Co. Inc. requires it to drill and complete one well and begin drilling two others by Nov. 15, and requires three additional wells each year until the company satisfies the carry obligation. The JV covers a three county region of eastern Ohio.

The conditions that have been keeping a lid on natural gas prices — unusually warm winter weather and robust gas supplies — had both positive and negative impacts on Boardwalk Pipeline Partners LP’s (BPP) business in 1Q2012, according to CEO Stan Horten.