Tag / Owed

Subscribe

Owed

Pennsylvania Impact Fees Total $203M in 2012

Natural gas producers in Pennsylvania have paid most of the $202.7 million owed for 2012 under the drilling impact fee enacted under Act 13 for the Marcellus Shale, state officials said.

May 20, 2013
Pennsylvania Producer Impact Fees Nearly $203M in 2012

Pennsylvania Producer Impact Fees Nearly $203M in 2012

Natural gas producers in Pennsylvania have paid most of the $202.7 million owed under the drilling impact fee enacted under Act 13, the state’s omnibus Marcellus Shale law.

May 15, 2013

Chesapeake Sues Gastar Over Failed Partnership

Chesapeake Energy Corp. filed a lawsuit against former partner Gastar Exploration Ltd., alleging that it is owed $130 million from a failed joint venture in Texas.

October 3, 2012

Pennsylvania Producers Beat Impact Fee Expectations

The Pennsylvania Public Utility Commission (PUC) said natural gas producers have paid most of nearly $206 million owed under the drilling impact fee enacted under Act 13, surging past the $180 million that the state had estimated it would take in this year from its new omnibus Marcellus Shale law.

September 17, 2012

Besting Expectations, Pennsylvania Producers Pay $206M in Impact Fees

The Pennsylvania Public Utility Commission (PUC) said Monday that natural gas producers have paid most of about $206 million owed under the drilling impact fee enacted under Act 13, surging past the $180 million the state thought it would take in this year from its new omnibus Marcellus Shale law.

September 12, 2012
Besting Expectations, Pennsylvania Producers Pay $206M in Impact Fees

Besting Expectations, Pennsylvania Producers Pay $206M in Impact Fees

The Pennsylvania Public Utility Commission (PUC) said Monday that natural gas producers have paid most of about $206 million owed under the drilling impact fee enacted under Act 13, surging past the $180 million the state thought it would take in this year from its new omnibus Marcellus Shale law.

September 12, 2012

Shell Offshore Pays $25M for Royalty Underpayments

Shell Offshore Inc. has agreed to pay $25 million to resolve claims that it underpaid royalties owed on oil and natural gas produced from federal leases, Interior Department’s Office of Natural Resources Revenue (ONRR) said Tuesday.

January 18, 2012

Industry Briefs

Anadarko Petroleum Corp. is buying BP America Production Co.’s 93% interest in the Wattenberg Processing Plant for $575.5 million. The plant in Adams County in northeast Colorado can process up to 195 MMcf/d of natural gas and 15,000 b/d of natural gas liquids and gas condensate. Upon closing Anadarko will operate and have 100% ownership. Anadarko volumes represent about 70% of plant throughput, said Chuck Meloy, Anadarko senior vice president of worldwide operations. “We are the largest producer in the Wattenberg field, with current sales volumes of approximately 63,000 boe/d, and our early efforts in the emerging horizontal Niobrara play are very encouraging,” Meloy said. The transaction is expected to close by mid-year, subject to regulatory approvals and contractual conditions.

March 28, 2011

Alabama High Court Rules for Exxon in Natural Gas Dispute

The Alabama Supreme Court has struck down a lower court ruling that ExxonMobil Corp. owed the state $3.6 billion for fraud and for underpaying the state in a contract dispute over natural gas pumped from Alabama-owned waters in Mobile Bay.

November 5, 2007

Court Defers to Interior Interpretation of Allowed Royalty Deductions

A federal court in Washington, DC, Thursday deferred to the Interior Department’s interpretation of which costs can be deducted when producers calculate royalties owed for the production of natural gas on federal lands.

August 24, 2007
‹ Previous 1 2