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.
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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.
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.
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.
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.
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.
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).
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.
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.
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.