Repercussions

In a challenge that could have repercussions in small towns across Pennsylvania’s Marcellus Shale, Range Resources on Tuesday filed an appeal of South Fayette Township’s ban on drilling in conservation areas and all residential zones, including suburban communities and rural farmland.

While repercussions such as the bankruptcy filing of Seahawk Drilling Inc. are already being felt from the months-long de facto moratorium on Gulf of Mexico oil and natural gas drilling, the shockwaves from the U.S. government action are likely to reverberate for many years to come, even after the permitting flowrate gets back up to speed, according to a panel of drilling and well service veterans speaking at CERAWeek 2011 in Houston.

While repercussions such as the bankruptcy filing of Seahawk Drilling Inc. are already being felt from the months-long de facto moratorium on Gulf of Mexico oil and natural gas drilling, the shockwaves from the U.S. government action are likely to reverberate for many years to come, even after the permitting flowrate gets back up to speed, according to a panel of drilling and well service veterans speaking at CERAWeek 2011 in Houston.

In a long-awaited decision that is likely to have widespread repercussions for liquefied natural gas (LNG) suppliers, an administrative law judge (ALJ) last Tuesday recommended that FERC approve the more conservative interchangeability standards proposed by Florida Gas Transmission (FGT) to receive Btu-rich regasified LNG in southern Florida for transportation through its 5,000-mile system.

In a decision that is likely to have widespread repercussions for liquefied natural gas (LNG) suppliers, an administrative law judge (ALJ) Tuesday recommended that FERC approve the more conservative interchangeability standards that Florida Gas Transmission (FGT) proposed to receive Btu-rich regasified LNG in southern Florida for transportation through its 5,000-mile system.

Still trying to make heads or tails on what the long-term repercussions from Hurricane Rita will be, November natural gas futures stayed in a fairly tight range Monday before settling at $14.017, up 9.6 cents from Friday.

Following Enron Corp.’s inevitable Chapter 11 bankruptcy filing on Sunday, reports of exposure to possible losses due to the energy giant’s failure continue to come in from companies and financial institutions around the world, reflecting the broad reach both of the company’s business and its stock.

In a move that could have far-reaching legal repercussions for pipelines, producers and other companies operating on Indian lands, two affiliated Montana Indian tribes have brought a civil lawsuit in a tribal court seeking to collect more than $3 million in back taxes from Northern Border Pipeline.

In a move that could have far-reaching legal repercussions for pipelines, producers and other companies operating on Indian lands, two affiliated Montana Indian tribes have brought a civil lawsuit in a tribal court seeking to collect more than $3 million in back taxes from Northern Border Pipeline.