Lifted

Tennessee lifted Wednesday an Imbalance Warning in Zones 0, L, 1, 2, 3 and 4 but continued to request that all parties match physical flow with scheduled quantities.

Louisiana Attorney General Buddy Caldwell has filed a civil lawsuit against the Department of Interior (DOI) over the federal government’s redrawing of Gulf of Mexico (GOM) boundaries that determine how states receive mineral royalties.

Cobalt International Energy Inc. is preparing to drill its first company-operated well in the deepwater Gulf of Mexico (GOM) since the drilling moratorium was lifted, the Houston-based independent said late Wednesday.

Tennessee lifted Wednesday a longstanding Imbalance Warning in upstream Zones 0-4 but said it continues to request that all parties match physical flow with scheduled quantities.

The Barnett Shale and Horn River Basin lifted Fort Worth-based Quicksilver Resources Inc. to a quarterly production record during the third quarter while the company continued to chip away at its substantial debt.

Production from shale plays — natural gas, natural gas liquids (NGL) and crude oil — lifted Enterprise Products Partners LP to record quarterly earnings during the third quarter. The company remains bullish on supply of and demand for NGLs and last Tuesday announced the anchor shipper on a landmark project that would carry ethane from the Marcellus Shale to the Gulf Coast.

Production from shale plays — natural gas, natural gas liquids (NGL) and crude oil — lifted Enterprise Products Partners LP to record quarterly earnings during the third quarter. The company remains bullish on supply of and demand for NGLs and Tuesday announced the anchor shipper on a landmark project that would carry ethane from the Marcellus Shale to the Gulf Coast.

Lifted by high commodity prices and refinery margins, Chevron Corp. topped Wall Street expectations in the third quarter, reporting Friday that profits nearly doubled from a year earlier to $7.8 billion ($3.92/share) from $3.8 billion ($1.87). A consensus forecast by analysts had expected earnings to average $3.48/share in the latest period.

Lifted by high commodity prices and refinery margins, Chevron Corp. topped Wall Street expectations in the third quarter, reporting that profits nearly doubled from a year earlier to $7.8 billion ($3.92/share) from $3.8 billion ($1.87). A consensus forecast by analysts had expected earnings to average $3.48/share in the latest period.