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Range Sells Nora CBM Assets for $876M to Pay Down Debt

Range Resources Corp. said late Tuesday it has an agreement to sell its coalbed methane (CBM) assets in Virginia’s Nora Field for $876 million, delivering on a plan to ditch noncore properties, raise more liquidity and cut its debt during the commodity downturn.

November 4, 2015

Marcellus Shale Was Star of EQT 2010 Results

EQT Corp. grew its proved natural gas reserves by 28% in 2010, ending the year with 5,220 Bcfe. The growth came due to drilling in the Marcellus Shale, continuing improvement in the estimated ultimate recovery of Marcellus wells, as well as an increase in the projected number of wells to be drilled in the Marcellus over the next five years, EQT said.

January 28, 2011

As Brownell Successor Mulled, APGA Urges Swift Action on FERC Nominees

As the White House ponders a successor for outgoing FERC Commissioner Nora Mead Brownell, a municipal gas distributor group has called on the Senate Energy and Natural Resources Committee to act promptly on the pending nominations of Jon Wellinghoff and Phillip D. Moeller to the Federal Energy Regulatory Commission.

June 8, 2006

Brownell Sees Growing Exasperation With Planning Processes

FERC Commissioner Nora Brownell sees a “growing belief” that the power industry’s planning process “is narrowly focused and isn’t particularly inclusive, nor is it transparent.”

May 1, 2006

Federal Energy Regulator: Northeast Offers Example of ‘Failure to Plan’

A “classic example” of the country’s “failure to plan is New England and, frankly, the whole Northeast. We just aren’t doing it right,” FERC Commissioner Nora Brownell said last Thursday in an appearance at the Platts Northeast Power Markets Forum in Arlington, VA.

April 3, 2006

Brownell Sees Merit in Flexibility on Transmission Incentives

FERC Commissioner Nora Brownell last week made the case for why it would make sense for the Commission to avoid adopting a one-size-fits-all approach to the crafting of a policy on incentives designed to boost investments in the nation’s transmission infrastructure.

November 7, 2005

FERC Denies Wood, Brownell Violated Ex Parte Rules

A FERC spokesman has denied allegations that FERC Chairman Pat Wood and Commissioner Nora M. Brownell during a conference call gave Wall Street analysts the heads up on how they intended to vote in pending cases involving manipulation of western energy markets. The agency quickly followed that up with an order Wednesday defending the two.

April 24, 2003

Federal Regulators Wrap Up Kansas Severance Tax Refund Cases

With Commissioner Nora M. Brownell shouting “amen and hallelujah,” the Federal Energy Regulatory Commission moved last Wednesday to wrap up a raft of tangled and drawn-out cases that involved the payment of refunds by producers who sold natural gas in the early 1980s at prices that, because they included the Kansas ad valorem tax, were above the maximum legal limit allowed.

December 23, 2002

Federal Regulators Wrap Up Kansas Severance Tax Refund Cases

With Commissioner Nora M. Brownell shouting “amen and hallelujah,” the Federal Energy Regulatory Commission moved Wednesday to wrap up a raft of tangled and drawn-out cases that involved the payment of refunds by producers who sold natural gas in the early 1980s at prices that, because they included the Kansas ad valorem tax, were above the maximum legal limit allowed.

December 19, 2002

FERC Commissioner Warns Power Companies Against Retribution

FERC Commissioner Nora Brownell last Thursday said if her agency uncovers instances where a power company engages in retribution against another company that has taken a beef over interconnection, for example, FERC will offer a “swift response” to such retaliation.

November 25, 2002
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