Maintenance

Shales Continue Pushing Lower 48 Production Higher

Shales Continue Pushing Lower 48 Production Higher

Natural gas production in the Lower 48 and Other States categories, which include some of the nation’s most prolific shale plays, was up in February compared with January and with February 2012, according to the Energy Information Administration’s (EIA) Monthly Natural Gas Gross Production Report.

May 2, 2013

Vanguard Is Oil/Gas ‘Agnostic,’ Focused on Margin

Unlike many producers today, Vanguard Natural Resources LLC is not necessarily focused on oil and natural gas liquids (NGL)-rich acquisitions. The company has done recent deals for both liquids and dry gas assets, instead focusing on margin and how the properties fit into its structure, CEO Scott Smith said Monday.

March 5, 2013

Industry Brief

The North Dakota Department of Mineral Resources (DMR) has developed a Internet-based mapping tool to help community officials plan for road maintenance, dust control and other traffic-related problems that accompany expanded oil and natural gas development in the Bakken Shale and adjacent formations. The enhanced mapping includes information and locations for “permit status before spud” to provide the pre-drilling status for newly permitted well sites. It provides a new layer to the DMR oil/gas division’s GIS mapping system, enabling planners to identify where truck traffic could be most concentrated for a given period. “Users will be able to identify the operator of the rig and or well, as well as possible time frames when permits could be drilled,” said Attorney General Wayne Stenehjem. The GIS map server is available at the DMR website as part of the North Dakota Industrial Commission (www.dmr.nd.gov/oilgas).

December 17, 2012

QEP Resources Fined $1.2M for Inaccurate Royalty, Production Records

The Interior Department’s Office of Natural Resources Revenue (ONRR) has fined QEP Resources $1.2 million for “knowing or willful maintenance” of inaccurate oil and natural gas royalty and/or production reports on ONRR’s financial system.

August 27, 2012

Oneok: Ethane Inventories Declining Through Year

Excess ethane inventories are being worked off as maintenance at petrochemical facilities is completed. Ethane inventories are expected to decline for the remainder of the year while petrochemical plants operate at high utilization and rely upon ethane as their primary feedstock, Oneok Partners President Terry Spencer said during an earnings conference call last Wednesday.

August 6, 2012

Oneok: Ethane Inventories Declining Through Year

Excess ethane inventories are being worked off as maintenance at petrochemical facilities is completed. Ethane inventories are expected to decline for the remainder of the year while petrochemical plants operate at high utilization and rely upon ethane as their primary feedstock, Oneok Partners President Terry Spencer said during an earnings conference call Wednesday.

August 3, 2012

QEP Fined $1.2M for Inaccurate Royalty Reports

The Interior Department’s Office of Natural Resources Revenue (ONRR) has fined Denver-based producer QEP Resources Inc. $1.2 million for the “knowing or willful maintenance” of inaccurate oil and natural gas royalty and/or production reports on ONRR’s financial system.

July 12, 2012

Ohio Governor Expected to Sign Frack Rules Bill After House Passage

The Ohio House of Representatives overwhelmingly voted in favor of an energy bill that also creates new rules for hydraulic fracturing (fracking) in the state. The bill is to be sent to Gov. John Kasich for his signature.

May 29, 2012

PG&E Seeks Cooperative Pipe Safety Plan

Pacific Gas and Electric Co.’s (PG&E) four-year, $2.2 billion plan to boost the safety and maintenance of its natural gas pipeline system is being more aggressively defended by executives, who have called for California regulators and major gas utility pipeline operators to work more cooperatively to implement a comprehensive upgrade to the intrastate gas pipeline network.

March 5, 2012

PG&E Defends Pipe Plan, Seeks Cooperative Safety Effort

Pacific Gas and Electric Co.’s (PG&E) four-year, $2.2 billion plan to boost the safety and maintenance of its natural gas pipeline system is being more aggressively defended by executives, who called Tuesday for California regulators and major gas utility pipeline operators to work more cooperatively to implement a comprehensive upgrade to the intrastate gas pipeline network.

March 1, 2012