Operated

New Mexico PRC Fines PNM for 2008 Gas Safety Violation

In response to a mid-2008 incident when it still operated a natural gas utility in the state, PNM Resources’ New Mexico utility was fined $371,000 Tuesday by the state Public Regulation Commission (PRC) for allegedly mishandling a gas leak in an underground vault at a busy Albuquerque intersection. The regulators said it was the largest penalty ever assessed on a utility in the state.

July 8, 2010

Transportation Notes

The ExxonMobil-operated Sable Offshore Energy Project (SOEP) facility returned to normal production levels for gas day Sunday, according to Spectra Energy subsidiaries Maritimes Canada and Maritimes U.S. The facility produces between 400 and 500 MMcf/d of natural gas and 20,000 b/d of natural gas liquids near Sable Island on the edge of the Nova Scotian continental shelf in eastern Canada. The SOEP planned maintenance outage, which began in early May, was originally expected to end for gas day May 11.

May 18, 2010

Transportation Notes

The Hess Corp.-operated Sea Robin Gas Processing Plant was shut in late Tuesday morning, according to a notice by Sea Robin Pipeline. The pipeline reduced Plant Volume Reduction nominations by two-thirds for Wednesday’s gas day and said they would be cut to zero Thursday for the duration of the plant outage, during which gas will continue to be dehydrated. Shippers were encouraged to call downstream delivery point operators to see if they will be accepting gas from Sea Robin Pipeline during this outage.

May 15, 2008

Industry Briefs

EOG Resources Inc. has retained Meagher Oil & Gas Properties Inc. to sell operated producing properties in Oklahoma’s Lincoln and Oklahoma counties. The package includes an average 99% working interest (80% net revenue interest) in 6,442 net acres in 30 sections of which 2,463 acres are producing. The assets include 19 wells within a six-mile radius producing high-Btu gas from the Pen and Cleveland sands, EOG said. Production is 954 Mcf/d , with 2.5 b/d of oil net projected for June. Estimated net cash flow for June is $270,000. A salt water disposal well and water lines are in place. Upside, said EOG, includes one additional Peru location identified and two Hunton/Oswego extensional locations. The bid due date is May 22; the effective date is June 1. Closing is expected by June 27. Contact Jacque Semple at (918) 481-5900, extension 221.

April 30, 2008

Florida’s First LNG Storage Gets Environmental Nod at FERC

A draft environmental impact statement (EIS) for Floridian Natural Gas Storage Co. LLC’s (FGS) Floridian Natural Gas Storage project, prepared by FERC staff says if the proposed project is constructed and operated in accordance with FGS’ proposed minimization and mitigation measures, recommended mitigation measures, and applicable laws and regulations, the facilities would result in limited adverse environmental impacts.

March 31, 2008

Florida’s First LNG Storage Gets Environmental Nod at FERC

A draft environmental impact statement (EIS) for Floridian Natural Gas Storage Co. LLC’s (FGS) Floridian Natural Gas Storage project, prepared by FERC staff says if the proposed project is constructed and operated in accordance with FGS’ proposed minimization and mitigation measures, recommended mitigation measures, and applicable laws and regulations, the facilities would result in limited adverse environmental impacts.

March 25, 2008

Transportation Notes

Sea Robin Pipeline announced that the Hess Corp.-operated Sea Robin Gas Processing Plant had returned to service Tuesday afternoon and that the pipeline was again accepting Plant Thermal Reduction nominations. Columbia Gulf said it would resume accepting up to 612,281 Dth/d in receipt nominations Thursday from Sea Robin-Erath; it had reduced the volume to 100,000 Dth/d Tuesday after the plant was shut in Sunday.

January 24, 2008

Chesapeake Energy Completes $1.1B Monetization

Chesapeake Energy Corp. has monetized a portion of its proved reserves and production from certain company-operated wells in Kentucky and West Virginia, the company said last Wednesday.

January 7, 2008

Chesapeake Energy Completes $1.1B Monetization

Chesapeake Energy Corp. has monetized a portion of its proved reserves and production from certain company-operated wells in Kentucky and West Virginia, the company said Wednesday.

January 3, 2008

Industry Briefs

ExxonMobil Production Co. is soliciting bids to sell its operated interests in several Texas fields. In West Texas, fields included in the sale are Wink South (Winkler County), Yarbrough & Allen (Ector County), and Will-O (Val Verde County). The East Texas area fields include Giddings (Burleson, Lee, Grimes and Washington counties) and Pruitt Van (Van Zandt County). The Texas Panhandle field for sale is Lathem (Hartley County). Bids will be due March 2, and the effective date of the sale will be June 2. A compact disc containing sales instructions and sample agreements, accounting, geological engineering data and land descriptions will be available in mid-January. A data room will be open to prospective bidders in February. For more information contact Deborah Adams at (713) 656-5840 or Deborah.L.Adams@exxonmobil.com.

December 12, 2007
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