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BLM Mulls New Gas, Oil Leases in Eastern Utah

Despite problems with past energy lease sales in Utah, the Bureau of Land Management (BLM) Canyon Country District plans to conduct additional planning and analysis for new natural gas, oil and potash (mined salt) leasing on about 783,000 acres of public lands within the Moab and Monticello planning areas in the eastern part of the state. Specifically, the Interior Department’s BLM intends to prepare a master leasing plan (MLP), amendments to the Moab and Monticello Resource Management Plans (RMP) and a single environmental impact statement (EIS).

March 12, 2012

Oklahoma Lawmakers OK $150M Driller Rebate

A vote by an Oklahoma Senate panel to refund $150 million of an estimated $294 million in tax breaks denied to oil and gas drillers over the past two years is “counter productive” to the state’s efforts to improve its economy, according to the Oklahoma Independent Petroleum Association (OIPA).

February 27, 2012

Oklahoma Lawmakers Approve $150M Rebate for Drillers

A vote by an Oklahoma Senate panel to refund $150 million of an estimated $294 million in tax breaks denied to oil and gas drillers over the past two years is “counter productive” to the state’s efforts to improve its economy, according to the Oklahoma Independent Petroleum Association (OIPA).

February 23, 2012

U.S. Crude Output Predicted to Jump 20% by Year’s End

Full-year U.S. crude production, excluding natural gas liquids (NGL), will jump by 20% by the end of this year, a full seven years ahead of Energy Information Administration (EIA) projections, Raymond James & Associates Inc. said Monday.

February 14, 2012

BP Discloses Bigger Eagle Ford Position

BP plc has accumulated close to 450,000 net acres in the the Eagle Ford Shale in South Texas, executives said Tuesday.

February 9, 2012

California Power Gen Gas Rises with Nuke Plant Down

California natural gas for electricity generation rose nearly 250 MMcf/d in the past week in the wake of Southern California Edison Co. (SCE) taking its 2,300 MW San Onofre Nuclear Generating Station (SONGS) entirely offline. The shutdown came from a scheduled outage at Unit 2 and an unplanned outage of Unit 3 when a small leak occurred last Tuesday.

February 7, 2012

Shale Gas Seen as Major Factor in LNG Export

The prospects for exporting U.S. natural gas are intertwined with a whole set of variables that are becoming increasingly tough to predict, according to the lead gas and electricity prognosticator at the California Energy Commission (CEC).

January 25, 2012

Air Quality Poised to Become Marcellus Issue in 2012

The impact of Marcellus Shale drilling on air quality is shaping up to be a major issue this year.

January 9, 2012

Ohio Quakes Won’t Impact Progress, Say Producers

Despite allegations that a wastewater disposal well in Youngstown may be responsible for about a dozen minor earthquakes in northeast Ohio over the past year, he oil and gas industry supporters told NGI last week that remain confident that the Ohio Department of Natural Resources’ (ODNR) decision to temporarily shut down a well will not have an impact on the emerging oil and gas industry in the state’s portions of the Marcellus and Utica shales.

January 9, 2012

California to Raise Safety Concerns in Regulatory Process

Still stung from federal rebukes of its past natural gas pipeline safety oversight in the wake of the San Bruno, CA, pipeline rupture in 2010, the California Public Utilities Commission (CPUC) is looking at ways to elevate safety considerations in all of its proceedings, including rate cases.

January 6, 2012
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