Tag / Only

Subscribe

Only

Chesapeake to Renegotiate 4,400-Plus New York Natural Gas Leases

In a landmark agreement announced Thursday, a drilling unit of Chesapeake Energy Corp. will allow more than 4,400 New York landowners locked into natural gas leases the opportunity to renegotiate their contracts, said New York Attorney General Eric T. Schneiderman.

June 15, 2012

Contested Hearing on EOG ‘Fracking’ Sand Plant Set for July 12

The Texas State Office of Administrative Hearings (SOAH), which was created to referee contested cases, will hold a hearing July 12 in Gainesville, TX, on EOG Resources Inc.’s application for an air permit to build a plant to process sand to be used primarily to hydraulically fracture (frack) oil and natural gas wells.

June 13, 2012

WPX Energy: Pennsylvania Water Wells Not Fouled by Drilling

WPX Energy Inc. said it has determined through isotopic testing that four contaminated drinking water wells in Susquehanna County, PA, were fouled by naturally occurring methane and not by Marcellus Shale drilling.

May 11, 2012

Nicor Merger Smooth, But Weather Hurts Results, Says AGL CEO

The integration of Illinois-based Nicor Inc. to form the largest distribution-only natural gas utility operation in the nation went off without a hitch in the first quarter (see Daily GPI, Dec. 8, 2011) but financial results were pressured by unseasonable winter weather, AGL Resources Inc. CEO John Somerhalder told financial analysts Tuesday.

May 3, 2012

U.S. LNG Import Terminals Mostly Idle, Consultant Finds

In what can only be called a sign of the times for North American imports of liquefied natural gas (LNG), consultancy Pan EurAsian Enterprises Inc. said Monday it is no longer going to bother tracking daily sendout from nearly a dozen terminals. “There is a lot else going on in the world of global LNG that should be getting more of our attention,” the firm told clients in a note.

May 1, 2012

Cash Market Posts Strong Gains; May Futures Out Like a Lamb

With only a few exceptions all points rose Thursday with eastern points registering the strongest gains and weakness limited to a few points in the West.

April 27, 2012

Chesapeake to End CEO Well Plan; S&P Cuts Ratings

Chesapeake Energy Corp.’s board of directors Thursday was working with CEO Aubrey McClendon to terminate early the Founder Well Participation Program (FWPP) in which the CEO has a contractual right to participate and invest up to a 2.5% working interest in every new well the company drills.

April 27, 2012

Shales Give U.S. Economy Wings, Say Execs

The energy industry — thanks to advances in drilling and production techniques resulting in growing natural gas and oil supplies — can lift the U.S. economy out of its doldrums, but only if government regulation and permitting requirements don’t get in the way, speakers at a recent industry conference in Houston said.

April 9, 2012

Shales Give the U.S. Economy Wings, Executives Say

The energy industry — thanks to advances in drilling and production techniques resulting in growing natural gas and oil supplies — can lift the U.S. economy out of its doldrums, but only if government regulation and permitting requirements don’t get in the way, speakers at a recent industry conference in Houston said.

April 3, 2012

KMI Pipes For Sale Expected to Be Remade for Value

Among assets slated to be sold by Kinder Morgan Inc. (KMI) to win antitrust clearance for its acquisition of El Paso Energy Corp., the “only meaningful” buys are the 50% stake in the Rockies Express Pipeline (REX) and KMI’s Kinder Morgan Interstate Gas Transmission (KMIGT), an industry analyst said Friday. And it’s not because of what they are now, but what they could become.

March 19, 2012
1 5 6 7 8 9 49