The DeWitt County, TX, tax base might be bursting with Eagle Ford Shale dollars, but the South Texas county’s roads are buckling under the weight of trucks and other vehicles in the service of developing the play, a new study has found. And a county judge claims his county and others in the play are being short-changed when it comes to funds for road repair.
Rebuild
Articles from Rebuild
BP’s Deepwater Thunder Horse Ramp-up Pushed to Mid-2008
BP plc plans to “retrieve and rebuild” all of the seabed production equipment from the Thunder Horse field in the deepwater Gulf of Mexico (GOM), a significant setback which could push the ramp-up to mid-2008 — as much as three years longer than originally anticipated.
BP’s Deepwater Thunder Horse Ramp-up Pushed to Mid-2008
BP plc plans to “retrieve and rebuild” all of the seabed production equipment from the Thunder Horse field in the deepwater Gulf of Mexico (GOM), a significant setback which could push the ramp-up to mid-2008 — as much as three years longer than originally anticipated.
Prices Mostly Fall Again, But Firmness Increases
As on Friday, the cash market was mixed and mostly softer again Monday. However, with air conditioning load starting to rebuild gradually in the South and already being well established in the Southwest, Monday’s trading featured were more flat to moderately higher points in the mix than on Friday.
Analysts Cut Price Forecasts on Storage Surplus
Spring and summer gas prices will have to remain in the $6/MMBtu area (Henry Hub) or lower to rebuild industrial demand, stimulate gas-fired power generation (whose main competitor is now coal rather than residual fuel oil) and deter liquefied natural gas (LNG) imports, said Credit Suisse analyst Carl Kirst in a research note on Wednesday.
Shell Announces $2B Share Buyback Program
Under pressure to rebuild investor confidence in the wake of this year’s oil and gas reserves accounting scandal, Royal Dutch/Shell Group on Thursday announced a $2 billion share buyback. The major also reported strong quarterly operating earnings despite a 16% decline in net income.
Wisconsin Energy Threatens to Unplug
Wisconsin Energy Corp.’s proposal to build and rebuild powerplants in the state was a little less certain at the end of lastweek after the company threatened to pull the plug on its $6billion proposal if it is not allowed to spin off its power plantsinto an unregulated subsidiary.
Wisconsin Energy Threatens to Unplug
Wisconsin Energy Corp.’s proposal to build and rebuild powerplants in the state is a little less certain today after thecompany threatened to pull the plug on its $6 billion proposal ifit is not allowed to spin off its power plants into an unregulatedsubsidiary.