Multi

The administration’s multi-agency approach to hydraulic fracturing (fracking) studies and the appearance of mission-creep is causing confusion within the oil and natural gas industry, according to some critics on Capitol Hill.

As part of what is supposed to be a three-state, multi-county action eventually, Garfield County commissioners in Colorado approved a joint resolution Monday that is highly critical of federal Bureau of Land Management (BLM) scaled-back plans for oil shale development.

For the third time, California regulators Thursday gave the green light to Sempra Energy’s Southern California Gas Co. (SoCalGas) to embark on a proposed $1 billion, multi-year transition to an advanced metering system consistent with what all of the state’s other private-sector utilities have been doing the past five years.

Unless an accord was reached over the weekend, the initial multi-district litigation (MDL) trial centering on the Macondo well explosion in April 2010 is scheduled to begin Monday in New Orleans. Sources said late last week the defendants were attempting to come to terms with lawyers representing thousands of plaintiffs.

Kinder Morgan Energy Partners LP (KMP) and Martin Midstream Partners LP have formed joint venture (JV) Pecos Valley Producer Services LLC to develop a multi-commodity rail terminal in Pecos, TX, to serve oil and gas producers in the Permian Basin of West Texas.

Exploration and production (E&P) companies are in the early stages of a “multi-year, double-digit growth spending upcycle” around the globe that is characterized by increased drilling in complex geologies on land, as well as deepwater development, according to a new survey by Barclays Capital analysts.

Exploration and production (E&P) companies are in the early stages of a “multi-year, double-digit growth spending upcycle” around the globe that is characterized by increased drilling in complex geologies on land, as well as deepwater development, according to a new survey by Barclays Capital analysts.

FERC has approved Tricor Ten Section Hub LLC’s proposal to convert a depleted oil and natural gas reservoir in Southern California to a high-deliverability multi-cycle gas storage facility to cater to multiple markets in the West. California-based Tricor Energy LLC, parent of the storage company, is an independent energy firm that produces, transports and sells natural gas from its oilfields in California.

FERC has approved Tricor Ten Section Hub LLC’s proposal to convert a depleted oil and natural gas reservoir in Southern California to a high-deliverability multi-cycle gas storage facility to cater to multiple markets in the West. California-based Tricor Energy LLC, parent of the storage company, is an independent energy firm that produces, transports and sells natural gas from its oilfields in California.