Proposing

MMS Proposes Bonus, Royalty Credits for Ceding Florida Leases

Interior Department’s Minerals Management Service (MMS) is proposing to amend its regulations to provide credits to producers that relinquish eligible leases within 125 miles of the Florida coastline.

February 11, 2008

MMS Proposes Bonus, Royalty Credits for Ceding Florida Leases

Interior Department’s Minerals Management Service (MMS) is proposing to amend its regulations to provide credits to producers who relinquish eligible leases within 125 miles of the Florida coastline.

February 6, 2008

Maritimes Phase V: $240M for Compression and Loop

Maritimes & Northeast Pipeline is proposing to increase the capacity of the U.S. portion of its pipeline system to transport new gas supplies from EnCana Corp.’s planned Deep Panuke project, located off the coast of Nova Scotia, to markets in Atlantic Canada and the Northeast United States, the company said Tuesday.

February 6, 2008

Industry Briefs

Columbia Gas of Pennsylvania filed with the Pennsylvania Public Utility Commission (PUC) for a rate hike, its first such request in 12 years, the utility said. The company is proposing an increase of $59.9 million annually (a 10.3% increase in annual revenues). Residential customers using 7.2 Mcf/month would pay $113.94, an increase of $10.99, or less than 11%, the company said. Commercial customers using 43.5 Mcf/month would pay $557.89, up $23.13. Industrial customers using 500 Mcf/month would pay $6,029.45, up $241.11. The proposed effective date for the increase is March 28. However, this will likely be suspended while the PUC reviews the request. The review is expected to last about nine months. The company said it has pledged to expand its weatherization and customer assistance efforts. It also noted that it recently announced plans to invest $1.4 billion to replace aging pipes and other facilities. The goal is to replace about 600,000 feet of aging underground pipes and distribution facilities each year.

February 4, 2008

MMS Proposes Changes to Royalty Relief Regulations

Interior Department’s Minerals Management Service (MMS) is proposing changes to its regulations governing royalty relief for deepwater leases to comply with a 2004 decision of the U.S. Court of Appeals for the Fifth Circuit.

December 26, 2007

MMS Proposes Changes to Royalty-Relief Regulations

The Interior Department’s Minerals Management Service (MMS) is proposing changes to its regulations governing royalty relief for deepwater leases to comply with a 2004 decision of the U.S. Court of Appeals for the Fifth Circuit.

December 24, 2007

Low-Carbon Amendment Garners Schwarzenegger’s Praise

California Gov. Arnold Schwarzenegger praised a U.S. Senate committee Wednesday for proposing an energy bill amendment that he thinks is modeled after his state’s low-carbon fuel standard. Schwarzenegger has been championing the idea of a national low carbon standard for the past two years, seeking political help on Capitol Hill and in various state capitals.

December 7, 2007

Draft Resource Plan for Portion of Green River Basin Proposed

The Bureau of Land Management (BLM) is proposing a “moderate” approach to protect the environment and allow oil and natural gas development going forward in a draft resource management plan (RMP) for Lincoln, Uinta and Sweetwater counties in southwestern Wyoming’s Green River Basin.

July 23, 2007

Northwest Pipeline Advances Colorado Lateral Project

Following a successful open season, Williams’ Northwest Pipeline last Thursday said it is proposing to construct its new 33-mile Colorado Hub Connection Project (CHC), which would provide transportation service from the Greasewood and Meeker hubs located in Rio Blanco County, CO, to a location near Sand Springs, CO, which has various pipeline interconnects and Northwest’s existing system to access western markets.

July 23, 2007

Northwest Pipeline Advances Colorado Lateral Project, Offers Reverse Open Season

Following a successful open season, Williams’ Northwest Pipeline on Thursday said it is proposing to construct its new 33-mile Colorado Hub Connection Project (CHC), which would provide transportation service from the Greasewood and Meeker hubs located in Rio Blanco County, CO, to a location near Sand Springs, CO, which has various pipeline interconnects and Northwest’s existing system to access western markets.

July 20, 2007