Marathon Oil Corp.’s board of directors on Thursday relaunched two-year-old plans to separate upstream and downstream operations and form two independent energy companies.
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The public has a chance to comment on a relaunched natural gas project to be built in Uintah County, UT, according to the Bureau of Land Management (BLM) field office in Vernal, UT. Stewart Petroleum Corp.’s Tumbleweed II project is to be located on about 7,600 acres around 32 miles south of Ouray, UT. In a draft environmental analysis (EA) of the project, BLM evaluated up to nine deep, exploratory gas wells that would be drilled from seven well pads. About 12 miles of gas pipeline would be constructed, and four miles of roads would be upgraded or added. Total surface disturbance would be about 45 acres. BLM said the draft EA for Tumbleweed II analyzes four alternatives: proposed action alternative, no action alternative, buried pipeline alternative and additional directional drilling alternative. After the public comment period ends Oct. 16, the draft EA is to be finalized, and BLM said it would issue its decision.
Utah Gas Project Undergoes Public Scrutiny
The public has a chance to comment through mid-October about a relaunched natural gas project to be built in Uintah County, UT, according to the Bureau of Land Management (BLM) field office in Vernal, UT.
EnCana’s Long-Awaited Split a Go
EnCana Corp.’s share price shot up by more than 7.5% by midafternoon Friday after the company relaunched plans to split into two energy companies, one a North American-focused unconventional natural gas producer, the other an integrated oil company.
Investors Enthusiastically Support EnCana’s Long-Awaited Split
EnCana Corp.’s share price shot up almost 8% Friday after the company relaunched plans to split into two energy companies, one a North American-focused unconventional natural gas producer, the other an integrated oil company.