First-Mover Advantage Still Key in U.S. Onshore Services Sector

The U.S. onshore oilfield sector was the first to adopt technological advances, an advantage that remains important today for the supply/demand dynamics of domestic operators, Fitch Ratings analysts said Thursday.

March 21, 2014
Majors Protest Sea Robin’s Escalating Pipeline Rates

Majors Protest Sea Robin’s Escalating Pipeline Rates

A group of producers has filed at FERC a protest to Sea Robin Pipeline Co.’s proposed rate increase, calling the request for increases of as much as 1,450% for gathering service — prompted, in large part, by declining gas receipts — “excessive.”

December 17, 2013

FERC OKs Rate Hike for Tetco’s New Jersey-New York Expansion

The rate hike reflects the larger-than-expected first-year total cost of service of $250.2 million for the expansion, which is expected to go into service on Nov. 1.

October 8, 2013

Idaho Regulators Hike Gas Utility Rates

After recent years of rate decreases, Idaho regulators approved purchased gas adjustment (PGA) rate increases on Wednesday for the state’s two major natural gas utility distribution companies: Spokane, WA-based Avista Utilities and Boise, ID-based Intermountain Gas Co. The rate changes are effective Tuesday (Oct. 1).

September 27, 2013

ALJ OKs Settlement Resolving Over-Recovery of Costs by Viking Gas

A FERC administrative law judge (ALJ) has approved an uncontested settlement between Viking Gas Transmission and its shippers resolving charges that the company over-recovered costs, resulting in unjust and unreasonable rates for shippers

September 24, 2013

Missouri Utility Hiking Rates, Encouraging Efficiency

A proposal to hike rates by Missouri Gas Energy (MGE) of Kansas City, MO, also includes incentives to encourage energy efficiency among consumers and options for the financing of energy-efficient appliances, the Laclede Gas Co. utility said.

September 17, 2013

Utilities Seek Cuts in Gas Rates, Cite Abundant Shale Supplies

A number of natural gas utilities across the United States have asked state regulators for a decrease in their rates as the winter heating season approaches, citing an oversupply of gas from shale gas development.

September 6, 2013

Noble Offshore Capacity ‘Sold Out,’ Margins Increase

Rates for offshore rigs improved and the amount of downtime fell between April and June, helping to buoy offshore drilling contractor Noble Corp. to higher-than-expected profits.

July 22, 2013

Range Sees 8 Bcf/d Potential from Marcellus

Range Resources Corp. has the potential to produce up to 8 Bcf/d from the Marcellus Shale, an executive said Tuesday.

May 23, 2013

BLM’s Fracking Rule Found Costly to Producers, States

Complying with the Bureau of Land Management (BLM) proposed hydraulic fracturing (fracking) rulemaking for drilling on public lands would cost as much as $180,250/well, or $370 million annually, according to economists with Oklahoma City University (OCU).

April 5, 2013