Three days after reporting an upbeat financial and operating performance in the second quarter, Chesapeake Energy Corp. said in a regulatory filing on Thursday it was subpoenaed in late June by the Department of Justice’s Midwest Field Office antitrust division.
Prevented
Articles from Prevented
New York IOGA Urges State to Complete Frack Study
New York’s Department of Environmental Conservation (DEC) should complete work on a supplemental generic environmental impact statement (SGEIS) on hydraulic fracturing (hydrofracking) by July 1 and the State Assembly should “reject all forms of obstructive legislation” that would delay natural gas development, according to letters sent to Gov. Andrew Cuomo and lawmakers by the The Independent Oil & Gas Association of New York (IOGA).
Court: New York Landowners Entitled to Payments Despite Moratorium
Even if producers are prevented from hydraulically fracturing (fracking) wells in New York, they may not declare a force majeure and still must pay property owners to hold the leases, a district court judge has ruled.
Court: New York Frack Moratorium Doesn’t Void Landowner Payments
Even if producers are prevented from hydraulically fracturing (fracking) wells in New York, they may not declare a force majeure and still must pay property owners to hold the leases, a district court judge has ruled.
BP: More Than 11,000 Bbl Collected Sunday
The apparatus collecting oil and natural gas spewing from BP plc’s blown Macondo well a mile below the surface of the Gulf of Mexico (GOM) prevented 11,100 bbl of oil from flowing into the GOM on Sunday, according to press reports.
Transportation Notes
CIG reported that during the final stages of repairs to its Totem Storage Field dehydration facility it encountered additional issues that prevented it from restoring full withdrawal capacity Thursday as previously planned (see Daily GPI, Dec. 17). Effective with Intraday 1 (Cycle 3) nominations for Thursday, Totem withdrawals were being reduced to the prorated scheduled quantity, CIG said, and any additional withdrawal nominations for subsequent cycles would be cut to zero until further notice. Injections remain unaffected by this outage, CIG noted.
Gas Producers Call for Hydrofrac Chemicals Disclosure
Confidentiality agreements with service operators have prevented natural gas producers from disclosing data about chemicals contained in hydraulic fracturing (hydrofrac) fluids, but it’s “silly” and “this is not acceptable,” Range Resources Corp. CEO John Pinkerton said Wednesday.
Gas Producers Call for Hydrofrac Chemicals Disclosure
Confidentiality agreements with service operators have prevented natural gas producers from disclosing data about hydraulic fracturing (hydrofrac) chemicals used in shale drilling, but it’s “silly” and “this is not acceptable,” Range Resources Corp. CEO John Pinkerton said Wednesday.
GAZ Picking Up Some of the UNG Slack, At Least For Now
The United States Natural Gas Fund (UNG) may have no more limited partnership units left it can sell, but that has not entirely prevented the flow of new money into exchange traded securities that mimic the movements of natural gas prices at the Henry Hub.
GAZ Picking Up Some of the UNG Slack, At Least For Now
The United States Natural Gas Fund (UNG) may have no more limited partnership units left it can sell, but that has not entirely prevented the flow of new money into exchange traded securities that mimic the movements of natural gas prices at the Henry Hub.