Management

California Study Ties Fracking to Seismic Activity

While California state officials are mulling new regulations related to oil and natural gas drilling, including hydraulic fracturing (fracking), a Stanford-connected engineering researcher/consultant has completed an updated analysis on some earlier work cautioning that fracking can induce seismic activity in geologically active areas, such as some of California’s old producing fields.

January 18, 2013

Chevron: ‘Notably Higher’ Profits in Fourth Quarter

Chevron Corp. expects to report “notably higher” results for 4Q2012 than profits in the previous three months, management said in an interim update.

January 14, 2013
BLM Extends Comment Time for Wyoming Gas Drilling DEIS

BLM Extends Comment Time for Wyoming Gas Drilling DEIS

The federal Bureau of Land Management (BLM) office in Rawlins, WY, announced that it will hold a public open house next Tuesday and extend the public comment period into March on a draft environmental assessment for the proposed expansion of natural gas drilling in two counties.

January 9, 2013

BLM Extends Comment Time for Wyoming Gas Drilling DEIS

The federal Bureau of Land Management (BLM) office in Rawlins, WY, announced that it will hold a public open house next Tuesday and extend the public comment period into March on a draft environmental assessment for the proposed expansion of natural gas drilling in two counties.

January 9, 2013

Southeastern U.S. Could be Growth Area for Gas Assets

Since its analyst meeting early last year, Sempra Energy senior management has signaled that its newly designated U.S. Gas & Power (USGP) unit was intent on moving away from merchant power assets in the West and deploying more capital in the Southeast to support its gas infrastructure strategy. USGP maintains a regional headquarters in Greenville, SC.

January 7, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 7, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 7, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 4, 2013

Sempra Energy: Growing Gas Presence in Gulf Area

Since its analyst meeting early last year, Sempra Energy senior management has signaled that its newly designated U.S. Gas & Power (USGP) unit was intent on moving away from merchant power assets in the West and deploying more capital in the Southeast to support its gas infrastructure strategy. USGP maintains a regional headquarters in Greenville, SC.

January 4, 2013

BLM Utah Office Prepares for Spring Lease Sale

A Utah field office for the federal Bureau of Land Management (BLM) has begun seeking public comment on its environmental assessment (EA) of a proposal to offer 12 parcels totaling more than 14,000 acres for oil/natural gas leases in May 2013.

December 26, 2012
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