October natural gas fell again in uninspired trading that saw traders ascribe the losses to more mild weather patterns. October dropped 6.8 cents to $3.730 and November fell 6.5 cents to $3.820. November crude oil lost $1.00 to $85.92/bbl.
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House Panel Ponders Online BLM Lease Sales
A House bill that would open the door to the Department of the Interior’s (DOI) Bureau of Land Management (BLM) holding onshore oil and gas lease auctions online would speed sales, reduce fraud and ensure the best return to taxpayers on leases, according to Rep. Bill Johnson (R-OH), who introduced the bill last month.
Industry Brief
Crosstex NGL Pipeline LP is holding a binding open season through Oct. 14 for capacity on a new natural gas liquids (NGL) pipeline system (the Crosstex NGL Pipeline) to transport unfractionated NGLs produced in the Permian Basin, Midcontinent, Barnett Shale, Eagle Ford Shale and Rocky Mountain areas from the Mont Belvieu, TX, area to NGL fractionation facilities in Eunice and Riverside, LA. Crosstex Energy LP and Crosstex Energy Inc. plan to construct the common carrier pipeline with a preliminary design capacity of at least 70,000 b/d to Eunice, with a lesser amount of capacity available to Riverside (see Shale Daily, July 27). Crosstex NGL Pipeline is scheduled to be operational in the first quarter of 2013. For more information, contact Brad Iles at (214) 721-9363, or brad.iles@crosstexenergy.com.
House Panel Ponders Online BLM Lease Sales
A House bill that would open the door to the Department of the Interior’s (DOI) Bureau of Land Management (BLM) holding onshore oil and gas lease auctions online would speed sales, reduce fraud and ensure the best return to taxpayers on leases, according to Rep. Bill Johnson (R-OH), who introduced the bill last month.
Atmos Accused of Flipping, SMHT Violations
FERC has “preliminarily determined” that Atmos Energy Corp. and two affiliates committed capacity release violations within the past decade.
DOE Fracking Panel Developing Timeline for Actions
Nearly 200 people crowded the phone lines of an open meeting Monday night to hear public comments surrounding the Secretary of Energy Advisory Board (SEAB) Natural Gas Subcommittee’s initial report on hydraulic fracturing (fracking).
DOE Fracking Panel Developing Timeline for Actions
Nearly 200 people crowded the phone lines of an open meeting Monday night to hear public comments surrounding the Secretary of Energy Advisory Board (SEAB) Natural Gas Subcommittee’s initial report on hydraulic fracturing (fracking).
North Carolina Senate Overrides Veto of Energy Bill
The North Carolina Senate voted to go against the wishes of Democratic Gov. Bev Perdue, overriding her veto of an energy bill that would open the door to offshore natural gas drilling.
North Carolina Senate Overrides Energy Bill Veto
The North Carolina Senate voted Wednesday to go against the wishes of Democratic Gov. Bev Perdue, overriding her veto of an energy bill that would open the door to offshore natural gas drilling.
Virginia Senators Push for Offshore Leasing
U.S. Sens. Jim Webb (D-VA) and Mark Warner (D-VA) introduced legislation Wednesday that would open the door for oil and gas exploration and production off the coast of Virginia.