Mexico

Senate Panel Puts ANWR in Budget Resolution; Dems Vow to Fight It

Key Democratic lawmakers, including Minority Leader Harry Reid of Nevada and Sen. Jeff Bingaman of New Mexico, expressed deep dissatisfaction with the Senate Budget Committee’s approval Thursday of a provision authorizing drilling in the Arctic National Wildlife Refuge (ANWR) as part of the budget package for fiscal year 2007.

March 10, 2006

ConocoPhillips Offers Guaranteed Gas Deliveries in Alabama in Return for LNG Terminal Okay

Working to improve the prospects for its proposed LNG terminal in the Gulf of Mexico off the coast of Alabama, ConocoPhillips has offered several concessions to the state, including guaranteeing that up to 200 MMcf/d of gas would be on call for use in the state on a monthly basis at market prices.

February 21, 2006

ConocoPhillips Offers Guaranteed Deliveries to AL in Return for LNG Terminal OK

Working to improve the prospects for its proposed Compass Port LNG terminal off the coast of Alabama in the Gulf of Mexico, ConocoPhillips has offered several concessions to the state, including guaranteeing that up to 200 MMcf/d of gas would be on call for use in the state on a monthly basis at market prices.

February 20, 2006

Deepwater Mars Platform to Resume Partial Production by Mid-Year

Royal Dutch Shell, the largest operator in the Gulf of Mexico, expects some of the output from its deepwater Mars platform to resume by mid-year, with full ramp up in the second half of 2006. The platform, which produces about 4% of Shell’s total Gulf output, was extensively damaged following Hurricane Katrina last fall.

February 13, 2006

Shell: Deepwater Mars Platform to Resume Some Production by Mid-Year

Royal Dutch Shell, the largest operator in the Gulf of Mexico, expects some of the output from its deepwater Mars platform to resume by mid-year, with full ramp up in the second half of 2006. The platform, which produces about 4% of Shell’s total Gulf output, was extensively damaged following Hurricane Katrina last fall.

February 10, 2006

Senators Introduce Bill to Move OCS Leasing Closer to Florida Coast

U.S. Sens. Pete Domenici (R-NM), Jeff Bingaman (D-NM), Jim Talent (R-MO) and Byron Dorgan (D-ND) have launched a counterattack on the issue of drilling in the eastern Gulf of Mexico, introducing legislation Tuesday instructing the Secretary of the Interior to develop an oil and gas leasing program for Lease Area 181 that can extend up to a line 100 miles off the Florida Coast and west of the Military Mission Line.

February 8, 2006

Southern Union Sells PA LDC, Moves to Houston, Furthers Pipeline, Midstream Role

The Sid Richardson purchase includes 4,000 miles of natural gas and gas liquids pipe in the Permian Basin in West Texas and New Mexico, about 450 MMcf/d of cryogenic processing capacity among six interconnected plants, 930 MMcf/d of high-pressure treating capacity and a gas liquids and gas marketing operation based in Houston and Fort Worth.

January 30, 2006

Post-Hurricanes, Large Customers, Utility Battle Over NW Natural Gas Retail Contracts

As a glaring footnote to natural gas price volatility sparked immediately after the two big Gulf of Mexico hurricanes late last summer, Portland, OR-based Northwest Natural Gas Co. and some of its largest customers are locked in a dispute over retail natural gas deals the utility offered them.

January 24, 2006

Hurricanes: MMS Counts the Toll on GOM Infrastructure

“The overall damage caused by Hurricanes Katrina and Rita has shown them to be the greatest natural disasters to oil and gas development in the history of the Gulf of Mexico,” said MMS Regional Director Chris Oynes.

January 20, 2006

Study Finds Impact from LNG Projects on Gulf of Mexico Marine Life to be Minimal

The Center for Liquefied Natural Gas (CLNG) said Tuesday new data shows the actual impact of offshore liquefied natural gas (LNG) projects on marine life in the Gulf of Mexico will be “substantially less” than originally identified by environmental analyses. CLNG arrived at its findings following an independent ecological review of the analyses.

January 18, 2006