Anadarko Petroleum Corp. appears to be joining a growing list of companies interested in the Utica Shale of Ohio.
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Cabot: Marcellus Constraint Not Pinching Production
The third quarter production of Cabot Oil & Gas Corp. has not been affected by “recent operational challenges and the logistics of moving gas in northeast Pennsylvania,” the company said Friday.
West Virginia City Moves Against Two Gas Wells
City officials in Morgantown, WV, were scheduled to meet Tuesday night to discuss two resolutions targeting two Marcellus Shale gas wells in the city’s industrial park and take up a proposed watershed protection ordinance.
Regulators OK Sale of Norse Assets to Appalachian
Norway’s Norse Energy Corp. ASA said Monday it has received regulatory approval to sell two natural gas pipeline companies so that it can focus on exploration and production activities in the Marcellus Shale play in New York.
Regulators Approve Sale of Norse Assets to Appalachian
Norway’s Norse Energy Corp. ASA said Monday it has received regulatory approval to sell two natural gas pipeline companies operating in conventional areas of Pennsylvania and New York to Appalachian Transportation and Marketing LLC for $20.7 million.
Pennsylvania DEP Clarifies Protocol for Inspections
The Pennsylvania Department of Environmental Protection (DEP) said its inspectors have always been allowed to issue notices of violation (NOV) to Marcellus Shale operators without requiring approval from top agency officials. The agency said it has issued its staff a clarification stating as much.
Futures Bulls Start Their Engines on Scant 31 Bcf Build
Natural gas futures bulls received the spark they were looking for Thursday after the Energy Information Administration (EIA) reported that only 31 Bcf was injected into underground storage for the week ending April 22. Because most industry estimates heading into the report were for an injection of about 40 Bcf, traders responded by pushing June natural gas futures to a close of $4.571, up 16.3 cents from Wednesday’s regular session close.
PG&E Gas Pipeline, Storage Programs Get OK
Pacific Gas and Electric Co. (PG&E) received approval from California regulators Thursday to increase its rates annually over the next four years to support its natural gas transmission pipeline and storage system, which has been placed under a microscope since a pipeline rupture and explosion in San Bruno last year. Rate changes are effective May 1.
No Tsunami Damage to Coastal California Nukes, Power Plants
While the West Coast of North America received a relatively light slap compared to the devastation in Japan following that nation’s worst-ever recorded earthquake and tsunami, California officials reported an estimated $50 million in damages, centered in two Northern California counties — Del Norte and Santa Cruz. The state’s string of coastal electric generation plants, except for the northern most at Humboldt Bay, reported no impact.
California Estimates $50M in Tsunami Damage; Power Plants Unaffected
While the West Coast of North America received a relatively light slap compared to the devastation in Japan following that nation’s worst-ever recorded earthquake and tsunami, California officials reported an estimated $50 million in damages, centered in two Northern California counties — Del Norte and Santa Cruz. The state’s string of coastal electric generation plants, except for the northern most at Humboldt Bay, reported no impact.