Promise

BP plc’s latest attempt to collect some of the oil leaking from its crippled Macondo well in the Gulf of Mexico (GOM) was showing promise Friday morning, but it was too early to say whether the effort will be a success, the company said.

Goodrich Petroleum Corp.’s natural gas production results in the Haynesville Shale continue to show promise, the Houston-based producer said Friday.

With the promise of a new pipeline from the Rockies to the West Coast and ever-greater output from gas shale plays, a liquefied natural gas (LNG) terminal on the U.S. Pacific Coast is essentially dead, according to an El Paso Natural Gas executive who spoke at an energy conference in San Francisco last week.

With the promise of a new pipeline from the Rockies to the West Coast and ever-greater output from gas shale plays, a liquefied natural gas (LNG) terminal on the U.S. Pacific Coast is essentially dead, according to an El Paso Natural Gas executive who spoke Monday at an energy conference in San Francisco.

Separate announcements last week by Regency Energy Partners LP, Energy Transfer Partners LP (ETP) and CenterPoint Energy Field Services Inc. (CEFS) promise to build natural gas deliverability from the Haynesville Shale.

Apache Corp.’s natural gas drilling results in British Columbia’s Horn River Basin show more promise than initially estimated, with the potential recovery for individual horizontal wells estimated at 10 Bcf, executives said Thursday.

Apache Corp.’s natural gas drilling results in British Columbia’s Horn River Basin show more promise than initially estimated, with the potential recovery for individual horizontal wells estimated at 10 Bcf, executives said Thursday.

Making good on its promise made early this year, El Paso Corp. has launched an initial public offering for a master limited partnership (MLP), which will own and operate a portion of its natural gas transportation pipelines, storage and other midstream assets.

Colorado Gov. Bill Ritter has picked five new members for the Colorado Oil and Gas Conservation Commission (COGCC), fulfilling a campaign promise to increase and broaden the representation and pool of experience of the panel that oversees the state’s energy development.