With solid second quarter results in the books, Encana Corp. is taking a look at its entire North American portfolio and has begun putting a “new emphasis on our portfolio of emerging liquids plays,” CEO Doug Suttles told investors on Wednesday.
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EnCana Signals Possible Shift in Colorado If Rules Revised
Colorado’s move to impose stricter regulations on the oil and natural gas industry may lead EnCana Corp. to reallocate a chunk of its North American exploration budget to more “friendly” areas of the United States, a company executive said last week.
EnCana Signals Possible Shift in Colorado If Rules Revised
Colorado’s move to impose stricter regulations on the oil and natural gas industry may lead EnCana Corp. to reallocate a chunk of its North American exploration budget to more “friendly” areas of the United States, a company executive said Tuesday.
FERC Denies Cost Reallocation for Converted FR Shippers on El Paso
FERC Monday upheld its prior decisions not to reallocate costs among El Paso Natural Gas pipeline’s former full-requirement (FR) shippers as part of the conversion of the FR shippers to contract demand (CD) service nearly four years ago.
Industrials Bear the Brunt of SoCal’s Capacity Costs
In an $88.1 million switch, California regulators last weekdecided to reallocate the bulk of Southern California Gas Co.’s$161.8 million in 1997 step-down charges paid to El Paso NaturalGas and Transwestern interstate pipelines serving southernCalifornia from the mass regulated consumers to large industrial(noncore) customers. SoCalGas maintains that the buy-out eventuallywill save its customers between $320 and $525 million.