Locked

Chesapeake Vows to Appeal $100M Gas Lease Judgment

Chesapeake Energy Corp. on Wednesday said it would appeal a U.S. District Court decision Tuesday that ordered the producer to pay more than $100 million for reneging on agreements to purchase some natural gas mineral rights in Texas four years ago.

July 12, 2012

Chesapeake to Renegotiate 4,400-Plus New York Natural Gas Leases

In a landmark agreement announced Thursday, a drilling unit of Chesapeake Energy Corp. will allow more than 4,400 New York landowners locked into natural gas leases the opportunity to renegotiate their contracts, said New York Attorney General Eric T. Schneiderman.

June 15, 2012

Quicksilver Pursues Horn River Upstream Partner

Quicksilver Resources Inc., which last month locked in a natural gas midstream partner, now is ready to commit to a joint venture (JV) to help fund upstream development of a 130,000 net acre leasehold in the Horn River Basin, executives said last week.

January 9, 2012

Wanted: Horn River Upstream Partner

Quicksilver Resources Inc., which last month locked in a natural gas midstream partner, now is ready to commit to a joint venture (JV) to help fund upstream development of a 130,000 net acre leasehold in the Horn River Basin, executives said Thursday.

January 6, 2012

GAO: Size of Oil Shale Industry May Be Limited by Water Availability

The oil shale reserves in the Green River Formation are equal to the world’s proven oil reserves, according to the federal government.

December 2, 2010

Sweltering Eastern Heat Sparks Power Demand, But Not Gas Prices

With a relentless heat wave locked over much of the eastern United States, near-record electricity demand was recorded in New York state and PJM Interconnection’s 13-state and District of Columbia service area Tuesday, and temperatures Wednesday once again pushed demand to near-record levels. Despite the most recent heat wave, natural gas prices both in the cash and futures markets trailed lower Wednesday.

July 8, 2010

U.S. Sitting on Decades of Recoverable Gas, Says BP Chief

The United States “may now be sitting on between 50 and 100 years worth of recoverable natural gas,” and more than a century’s worth of undeveloped gas is locked in place around the world, BP plc CEO Tony Hayward said Thursday.

October 12, 2009

U.S. Sitting on Decades of Recoverable Gas, Says BP Chief

The United States “may now be sitting on between 50 and 100 years worth of recoverable natural gas,” and more than a century’s worth of undeveloped gas is locked in place around the world, BP plc CEO Tony Hayward said Thursday.

October 12, 2009

Gas Pipeline Operators Deal with Labor Shortages, Escalating Costs

When the sponsors of the Rockies Express Pipeline (REX) began to lay out their plans for the landmark natural gas pipeline, they locked in certain costs, including steel and labor, for the first half of the project. However, “that type of hedging is not available in today’s cost environment,” Sempra Energy CEO Donald Felsinger said. “The key point is that the Rockies Express or any similar pipeline couldn’t be duplicated at the same price.”

August 11, 2008

Gas Pipeline Operators Deal with Labor Shortages, Escalating Costs

When the sponsors of the Rockies Express Pipeline (REX) began to lay out their plans for the landmark natural gas pipeline, they locked in certain costs, including steel and labor, for the first half of the project. However, “that type of hedging is not available in today’s cost environment,” Sempra Energy CEO Donald Felsinger said. “The key point is that the Rockies Express or any similar pipeline couldn’t be duplicated at the same price.”

August 11, 2008
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