Relating

San Bruno Settlement Talks Break Down, PG&E CEO Says

Talks for the settlement of outstanding state regulatory cases relating to the 2010 San Bruno natural gas transmission pipeline rupture and explosion have broken down, and Pacific Gas and Electric Co. (PG&E) now expects to litigate the issues at the California Public Utilities Commission (CPUC), said PG&E Corp. CEO Tony Earley.

May 6, 2013
‘Attractive Prices’ Lead Atlas to Add to Barnett Leasehold

‘Attractive Prices’ Lead Atlas to Add to Barnett Leasehold

Atlas Resource Partners LP (ARP) has picked up its third big leasehold this year in the Barnett Shale by agreeing to pay $255 million to DTE Energy Co. for an affiliate that owns close to 35 million boe of proved reserves in the Fort Worth Basin and in the Marble Falls, TX, area.

November 21, 2012

Industry Brief

The Railroad Commission of Texas (RRC) is proposing to amend its rules relating to water protection to allow for a wider variety of recycling activities. The existing rules contemplate two categories of commercial recycling facilities: mobile and stationary. Since adoption of the rules in 2006, RRC has received an increasing number of applications for permits for facilities that fit neither category. Therefore, RRC proposed to create a third category: a semi-mobile commercial recycling facility. It proposes to authorize on-lease, non-commercial recycling of produced water and/or hydraulic fracturing (fracking) flowback fluid, and to clarify requirements for off-lease or centralized noncommercial recycling of produced water and/or fracking flowback fluid. It also proposes to amend the definition of “fresh makeup water pit” to allow use of such a pit in conjunction with fracking of an oil or gas well for the storage of fresh water or treated fracking flowback fluid used to make up fracking fluid for use in a new well. The changes are intended to reduce the demand for fresh water for fracking. The proposal was recently published in the Texas Register.

October 5, 2012

University at Buffalo: ‘No Plans’ to Alter Shale Institute Operations

The University at Buffalo (UB) will not change the operations of the Shale Resources and Society Institute (SRSI), despite a controversy over an SRSI hydraulic fracturing (fracking) study that threatened to overshadow its conclusions, UB said.

July 2, 2012

Industry Briefs

Anadarko Petroleum Corp., which was a 25% owner of the doomed Macondo well in the deepwater Gulf of Mexico, has agreed to pay BP plc $4 billion to settle claims relating to last year’s well blowout and oil spill and will no longer pursue claims of gross negligence against the oil major. The settlement, which BP said was not an admission of liability, ends a dispute with Anadarko about how to divvy up responsibility to compensate those affected by the tragedy. In May a unit of Mitsui Ltd., which owned a 10% stake in the BP-operated well, agreed to pay nearly $1.07 billion for related damages (see NGI, May 23). Under terms of the settlement, Anadarko agreed to transfer its stake in the Macondo well back to BP, and BP agreed to indemnify Anadarko for some claims, excluding the civil, criminal and administrative fines and potential claims for punitive damages.

October 24, 2011

Anadarko Settles Macondo Claims with BP

Anadarko Petroleum Corp., which was a 25% owner of the doomed Macondo well in the deepwater Gulf of Mexico (GOM), has agreed to pay BP plc $4 billion to settle claims relating to last year’s well blowout and oil spill and will no longer pursue claims of gross negligence against the oil major.

October 18, 2011

Shale Boom Prompts GE Oil & Gas Acquisition

Growing producer demand for well services to support development of North American shale natural gas plays is a main driver behind GE’s planned acquisition of the well support division of John Wood Group plc for $2.8 billion, the company said.

February 15, 2011

Texas Regulators, Industry Question Diesel Fuel Fracking Rules

Language included in the Energy Policy Act of 2005 (EPACT) relating to the use of diesel fuel in hydraulic fracturing (fracking) “is extremely unclear and is open to interpretation,” making it unclear if the use of diesel fuel in fracking operations would be a violation of the Safe Drinking Water Act (SDWA), according to a Texas Railroad Commission (RRC) spokesman.

February 7, 2011

Texas Regulators, Industry Question EPA Diesel Fuel Fracking Rules

Language included in the Energy Policy Act of 2005 (EPACT) relating to the use of diesel fuel in hydraulic fracturing (fracking) “is extremely unclear and is open to interpretation,” making it unclear if the use of diesel fuel in fracking operations would be a violation of the Safe Drinking Water Act (SDWA), according to a Railroad Commission of Texas (RRC) spokesman.

February 4, 2011

Texas Cities Hindering Gas Development, Says Attorney

Natural gas exploration and production began in urban areas of the Barnett Shale in North Texas nearly a decade ago, and early municipal regulation of the activity was less onerous than it is today, an industry lawyer told a Texas House committee Thursday.

November 22, 2010
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