A state district judge in New Mexico Tuesday handed the state’s oil/gas industry an early new year’s present, putting a halt to legal appeals of ongoing industry efforts to revise rules for handling drilling and production waste, the so-called “pit rule.” An Oil Conservation Commission hearing on the industry efforts is now scheduled for Jan. 23 in Santa Fe.
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Report: BC Should Cap Natural Gas Production, End Subsidies
A progressive political advocacy group said the government of British Columbia (BC) should cap annual natural gas production and end subsidies to the industry over fears that it is expanding too rapidly at the expense of air, water and power resources.
California Governor Fires Two Over Drill Permitting Row
Two high-ranking state oil/gas drilling officials were fired by California’s Gov. Jerry Brown for putting too many roadblocks in the state’s permitting process, it was reported Monday. The move brought immediate praise from the exploration/production (E&P) industry, which has increasingly been critical of what its leaders viewed as an overly arduous process for obtaining permits to drill new wells.
California Governor Fires Two Over Drill Permitting Row
Two high-ranking state oil/gas drilling officials were fired by California’s Gov. Jerry Brown for putting too many roadblocks in the state’s permitting process, it was reported Monday. The move brought immediate praise from the exploration/production (E&P) industry, which has increasingly been critical of what its leaders viewed as an overly arduous process for obtaining permits to drill new wells.
Syngas from Hydrogen Eyed in Europe
With a strong natural gas pipeline/storage infrastructure but limits on supply sources, Europe is putting more research and development into making synthetic methane from hydrogen, which some energy stakeholders think will be the future means of beefing up natural gas supplies. A number of large utilities are partnering with researchers in Germany who think this has commercial possibilities.
West Virginia Panel Calls for ‘Dramatic’ Well Fee, Bonding Hikes
A committee of West Virginia lawmakers voted Wednesday to recommend steep increases in permit fees and bonding requirements for Marcellus Shale drilling, resolving two key areas of disagreement as they work to cobble together a draft regulatory reform bill.
Southern Union, Williams to Discuss $9.4B Bid
Southern Union Co. said Friday it would sit down with Williams to discuss its revamped $9.4 billion merger offer, putting the squeeze on Energy Transfer Equity LP (ETE), which already has an agreement in place.
Raymond James: Don’t Hold Breath for European Shale Gas
Last year “large overseas companies” invested more than $15 billion in U.S. shale plays, and they weren’t putting down the money to “expect juicy margins at $4/Mcf gas,” analysts with Raymond James & Associates Inc. said last week.
Raymond James: Don’t Hold Breath for European Shale Gas
Last year “large overseas companies” invested more than $15 billion in U.S. shale plays, and they weren’t putting down the money to “expect juicy margins at $4/Mcf gas,” analysts with Raymond James & Associates Inc. said Monday.
Quebeckers Split on Hydrofracking Report; No Ban in New Brunswick
While Quebec’s announcement that hydraulic fracturing could continue on a limited basis has divided people in the province, a government official in the neighboring province of New Brunswick said a moratorium on the practice won’t be implemented there.