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Warren’s Atlantic Rim Acquisition Adds 18.3 Bcf of Proved Reserves

Warren’s Atlantic Rim Acquisition Adds 18.3 Bcf of Proved Reserves

Warren Resources Inc. Monday said it closed on its previously announced deal to acquire additional natural gas and midstream assets from subsidiaries of Anadarko Petroleum Corp. in the Atlantic Rim Project area in Wyoming’s Washakie Basin.

October 16, 2012
Warren Resources Acquires Anadarko’s Atlantic Rim Assets For $21M

Warren Resources Acquires Anadarko’s Atlantic Rim Assets For $21M

Beefing up its Atlantic Rim Project area acreage in the Washakie Basin of Wyoming, which includes shallower coalbed methane (CBM) targets and the Niobrara Shale below, Warren Resources Inc. is exercising its preferential rights to acquire additional oil, natural gas and midstream assets from subsidiaries of Anadarko Petroleum Corp for approximately $21 million.

September 6, 2012

Gas Industry Had Early Access to New York Rules, Says Group

Natural gas industry representatives were granted early access to New York’s preliminary unconventional drilling regulations up to six weeks before the rules were made public, the public health advocate Environmental Working Group (EWG) claimed on Thursday, citing documents obtained under a Freedom of Information (FOI) request.

June 29, 2012

APGA Asks Congress to Reform NGA for Pipe Over-Recoveries

A group of municipal gas utilities has called on Congress to pass legislation to reform Section 5 of the Natural Gas Act (NGA) so that shippers can receive retroactive refunds for over-collections of rates by interstate natural gas pipelines. The request was accompanied by a recent study estimating that pipelines over-recovered more than $4 billion from their customers over a five-year period.

April 23, 2012

APGA: Pipe Over-Recoveries Require Change in NGA Refund Authority

A group of municipal gas utilities has called on Congress to pass legislation to reform Section 5 of the Natural Gas Act (NGA) so that shippers can receive retroactive refunds for over-collections of rates by interstate natural gas pipelines. Its request was accompanied by a recent study estimating that pipelines over-recovered more than $4 billion from their customers over a five-year period.

April 20, 2012

Chesapeake Inks Second Deal With Ohio Landowners’ Group

Hundreds of landowners with the nonprofit Associated Landowners of the Ohio Valley (ALOV) have agreed to sign lease agreements with Chesapeake Energy Corp.

November 7, 2011

Laser Abandons Public Utility Plans; Peregrine, Pentex Move On

Laser Northeast Gathering Co. LLC is abandoning its efforts to have a proposed gathering system in northeast Pennsylvania classified as a public utility with the Pennsylvania Public Utility Commission (PUC).

September 14, 2011

Chesapeake to Royalty Owners: The Haircut Is in the Mail

The monthly check from Chesapeake Exploration LLC will still be in the mail to Barnett Shale royalty owners, but some of them will find it to be a little lighter than in the past.

August 12, 2011

Economic, Jobs Losses Mount as GOM Permit Delays Increase

If drilling permit and plan approvals in the Gulf of Mexico (GOM) returned to levels that would support the industry’s capacity to explore and operate safely, an estimated $44 billion would be added to U.S. gross domestic product (GDP) and another 230,000 jobs could be supported, one-third of them outside of the Gulf region, according to a new study by IHS CERA/IHS Global Insight.

July 25, 2011

Economic, Jobs Losses Mount With Increasing GOM Permitting Delays

If drilling permit and plan approvals in the Gulf of Mexico (GOM) returned to levels that would support the industry’s capacity to explore and operate safely, an estimated $44 billion would be added to U.S. gross domestic product (GDP) and another 230,000 jobs could be supported, one-third of them outside of the Gulf region, according to a new study by IHS CERA/IHS Global Insight.

July 22, 2011