Management

Court Dings BLM for Failing to Assess Fracking Impact in Monterey

The federal Bureau of Land Management (BLM) did not give sufficient attention to the potential environmental impact from hydraulic fracturing (fracking) when it issued oil/gas leases for 2,500 acres two years ago, a judge in the U.S. District Court, Northern District of California, in San Jose ruled on Monday.

April 11, 2013

PG&E Gas Operations Rebound, Meet NTSB Goals, Exec Says

With close cooperation with its major unions, a lot of new management expertise and a commitment throughout its company workforce, Pacific Gas and Electric Co.’s (PG&E) natural gas system has risen from the trauma of the San Bruno pipeline rupture and explosion two and a half years ago, Nick Stavropoulos, PG&E Corp. executive vice president of gas operations, told an energy conference in Houston Tuesday.

March 27, 2013
EIA: Pennsylvania’s NatGas Production Rose 69% Despite Less Drilling

EIA: Pennsylvania’s NatGas Production Rose 69% Despite Less Drilling

The U.S. Energy Information Administration (EIA) said natural gas production in Pennsylvania increased 69% in 2012, despite a reduction in drilling activity.

March 22, 2013

Ohio Issues Second Unitization Order in the Utica Shale

The chief of the Ohio Department of Natural Resources’ (ODNR) Division of Oil and Gas Resources Management (DOGRM) has issued a unitization order for Chesapeake Energy Corp. in Carroll County, putting forced pooling into effect for a second time in the emerging Utica Shale.

March 20, 2013

BLM Sells Leases in Unconventional Nevada Play

A total of 29 parcels comprising 35,889 acres in a promising unconventional find in northeastern Nevada were sold to six companies for a total of $1.27 million by the Bureau of Land Management (BLM) during its quarterly oil and gas competitive lease sale held in Reno, NV, the agency said.

March 19, 2013

Industry Briefs

Twin Eagle Resource Management LLC said it will market crude oil rail trans-loading capacity at GT Logistics LLC’s GT OmniPort facility in Port Arthur, TX. GT Logistics operates a unit train facility with about eight miles of track, 18 rail car unloading racks and a two-station barge dock. It maintains direct rail service with the Union Pacific and Burlington NorthernSanta Fe rail lines. The facility has direct access to the Intercoastal Waterway and will have deepwater access after further capital investment, the companies said. GT OmniPort began operations in September and has capacity of 100,000 b/d. Twin Eagle unit Enserco Midstream LLC plans to construct four crude oil storage tanks at the GT OmniPort facility that are expected to be operational in the third quarter. The parties intend to construct additional storage capacity and to establish pipeline connectivity with refiners and other markets in the area. GT OmniPort is adjacent to the Port Arthur refinery community, which has demand for about 2 million b/d of crude oil.

March 18, 2013

BLM OKs Anadarko’s Drilling Project in Wyoming

The Bureau of Land Management (BLM)’s Buffalo Field Office in Wyoming has approved Anadarko Petroleum Corp.’s Crazy Cat East oil and natural gas drilling project about 40 miles south of Buffalo in North Central Wyoming.

March 11, 2013

New Midstream Company Targeting Liquids-Rich Utica

Crosstex Energy Inc. and former management of Enerven Compression Services are forming a company called E2 that will serve Utica Shale producers with natural gas compression and condensate stabilization facilities for their liquids-rich production.

March 7, 2013

Carrizo 4Q: Oilier Is Better

The fourth quarter was Carrizo Oil & Gas Inc.’s ninth consecutive quarter of revenue growth and one during which it charted record oil production and oil revenue, affirming the wisdom of management’s decision to transform Carrizo into an oil company, CEO Chip Johnson said.

February 27, 2013

Pipeline Would Link Eagle Ford Gas to Mexico Power Plants

NET Midstream unit NET Mexico Pipeline LP plans to build a 124-mile, 42-inch diameter natural gas pipeline to carry gas produced in the Eagle Ford Shale of South Texas to the Texas-Mexico border.

February 25, 2013
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