The drilling moratorium may have been lifted in the Gulf of Mexico (GOM) to allow operators to get back to work, but in reality, that’s hardly the case, Chevron Corp. CEO John Watson said on Friday.
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Transportation Notes
Florida Gas Transmission has canceled an Overage Alert Day for market-area customers.
ExxonMobil Regains Lead Among Global Energy Companies
ExxonMobil Corp. regained the top spot in a ranking of the 50 largest listed energy companies in 2010, lifted by its buyout of XTO Energy Inc. and a 7% gain in share price growth, according to the PFC Energy 50 annual ranking.
Is it Prime Time for GTL Conversion in the Shale Patch?
High oil prices have lifted producer interest in liquids-rich natural gas plays; they’ve also pulled up the economic attractiveness of converting gas to liquid fuels and other products.
Is it Prime Time for GTL Conversion in the Shale Patch?
High oil prices have lifted producer interest in liquids-rich natural gas plays; they’ve also pulled up the economic attractiveness of converting gas to liquid fuels and other products.
BLM Lifts Oil, Gas Lease Suspensions in Montana
The Bureau of Land Management (BLM) has lifted suspensions on 45 oil and natural gas leases in Montana that were caught up in the controversy over the impact of drilling on climate change (see Daily GPI, April 13).
Transportation Notes
Rockies Express lifted Tuesday the force majeure it had issued Monday in association with a unit outage at Turney Compressor Station. No service was affected, the pipeline said.
Transportation Notes
ANR reported completing repairs at the Eunice Compressor Station in southeast Louisiana and has lifted all associated capacity restrictions.
Jack/St. Malo Deepwater Project Moves Forward
In a positive turn less than two weeks after federal officials lifted the offshore drilling moratorium, Chevron Corp. on Thursday sanctioned the long-awaited Jack/St. Malo project, a promising project that it would operate in the Lower Tertiary trend in the deepwater Gulf of Mexico (GOM).
Interior Lifts Moratorium, But Drilling Not likely to Resume Soon
The Obama administration’s moratorium on deepwater drilling in the Gulf of Mexico has been lifted, but only for those operators that can show that they have complied with existing and the tougher new safety and drilling regulations. The action immediately came under attack from producers and Capitol Hill lawmakers, who question whether it will significantly change the status quo in the Gulf.