Chevron Appalachia LLC has temporarily ceased operations at seven wells across Pennsylvania over concerns about wellhead configurations and their ability to handle high pressures after a fatal explosion and fire at one of the company’s sites in Greene County, PA on Feb. 11.
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Excelerate Files at FERC for Lavaca Bay LNG Export Project
What would be the nation’s first floating liquefied natural gas (FLNG) export terminal could be operational in the fourth quarter of 2018, developer Excelerate Energy LP said in conjunction with its FERC filing for the Lavaca Bay LNG Project.
Maritime LNG Fueling Projects Advance
Ground was recently broken for the first phase of a liquefied natural gas (LNG) fueling facility in Port Fourchon, LA, that its developer claims would be the first of its kind in the country, providing LNG to fuel marine operations in the region.
Columbia Pipeline Group Sees Second-Largest Withdrawal From Storage
Extremely cold temperatures have hammered away at the amount of gas kept in storage by Columbia Pipeline Group (CPG), with the company experiencing its second-largest withdrawal since 1993.
Colorado Adopts Nation’s First Oil/Gas Methane Emissions Rules
Colorado regulators over the weekend adopted new rules to curb emissions from oil and gas drilling, including the nation’s first such regulations that target emissions of methane.
Chesapeake Making Hay While Sun Shines in Sale/Spin of Oilfield Services, Says Analyst
Chesapeake Energy Corp. (CHK) on Sunday disclosed plans to sell or spin its diversified oilfield services unit, created two-plus years ago, whose revenues in 2013 were $2.2 billion.
APGA Seeks CFTC Review of NatGas Futures Price Spike
The American Public Gas Association (APGA) has asked the Commodity Futures Trading Commission (CFTC) to look into a 10% price spike in the February New York Mercantile Exchange (Nymex) Henry Hub contract during the final hours of trading on the contract Jan. 29.
Pennsylvania Supreme Court Denies State’s Challenge to Act 13 Ruling
In one sentence the Pennsylvania Supreme Court has denied the state’s request to reconsider a landmark ruling that significantly weakened centralized oil and gas regulation and returned to municipalities their ability to change or enforce local zoning laws.
Chevron Shuts Down Seven PA Wells in Wake of Greene County Fire
Chevron Appalachia LLC has temporarily ceased operations at seven wells across Pennsylvania over concerns about wellhead configurations and their ability to handle high pressures after a fatal explosion and fire at one of the company’s sites in Greene County, PA on Feb. 11.
Spot Futures Record Largest Single-Day Drop in Five-and-a-Half Years
Physical natural gas values for Tuesday delivery saw mixed results Monday as declines dominated the Gulf Coast, Midcontinent, Rockies and the West, while the Midwest, East and Northeast saw their fair share of gains and losses. The real action on the day was occurring in the futures arena, where whiplash-inducing volatility continued its recent run. The March contract plunged 69 cents to $5.445 and the April contract shed 39.2 cents to $4.620. April crude oil added 62 cents to $102.82/bbl.