Schedule

Chenango, NY, Considering One-Year Moratorium on Oil, Gas Activities

Elected officials in the Town of Chenango, NY, voted unanimously on Wednesday to schedule a public hearing over whether to enact a one-year moratorium on oil and natural gas activities, including hydraulic fracturing (fracking).

August 20, 2012

CFTC Assesses $1.78M in Fees to Oversee SRO Program

The Commodity Futures Trading Commission (CFTC) published a schedule of annual fees that it will charge designated contract markets (DCM) and registered futures associations for the operation of its self-regulatory organization (SRO) program.

May 8, 2012

Industry Brief

The expansion of Boardwalk Field Services LLC’s Eagle Ford Shale gathering system and construction of an associated cryogenic gas processing plant is on schedule, as is work on the Boardwalk Pipeline Partners LP (BPP) subsidiary’s $90 million Marcellus Shale gathering system project, according to company officials. “We expect that a portion of our Marcellus gathering line will go into service in the very near future, and additional portions of the gathering line will go into service over the next 12 to 24 months,” BPP CEO Stan Horten said during a conference call with financial analysts. Boardwalk is adding about 55 miles of 20- and 24-inch gathering pipeline to its existing 340-mile South Texas gathering system (see Shale Daily, Feb. 7). Once complete, the combined pipeline system will have the capability to move more than 300 MMcf/d of liquids-rich gas from Karnes and Dewitt counties in the heart of the Eagle Ford play. The Marcellus gathering system in northeastern Pennsylvania is designed to connect Southwestern Energy Co. wells in the region to Tennessee Gas Pipeline Co.’s (TGP) Line 300 (see Shale Daily, Oct. 11, 2011). BPP’s 1Q2012 operating revenues were $312.9 million, a 1% increase from $311 million during 1Q2011, and the Houston-based partnership’s net income was $92.6 million, a 12% increase from $83 million a year ago.

May 3, 2012

Ex-CFTC Chair: ‘Unrealistic’ Dodd-Frank Deadline Set

The Commodity Futures Trading Commission (CFTC) and Congress set far too an “ambitious” schedule to implement rules bringing the $300 trillion U.S. derivatives market under agency oversight for the first time, said a former CFTC commissioner.

August 1, 2011

Ex-CFTC Chair: Congress Set ‘Unrealistic’ Dodd-Frank Deadline

The Commodity Futures Trading Commission (CFTC) and Congress set far too an “ambitious” schedule to implement rules bringing the $300 trillion U.S. derivatives market under agency oversight for the first time, said a former CFTC commissioner.

July 26, 2011

Crown Landing LNG Again Seeks Permit Extension

Continuing schedule delays — exacerbated by a ruling by the Department of Transportation Pipeline Hazardous Materials Safety Administration (PHSMA) that ended the use of a key vapor gas dispersion model — have prompted Crown Landing LLC to ask FERC for a one-year extension to revise a permit application for a liquefied natural gas (LNG) terminal on the Delaware River in Gloucester County, NJ.

May 9, 2011

Crown Landing LNG Again Seeks Permit Extension

Continuing schedule delays — exacerbated by a ruling by the Department of Transportation Pipeline Hazardous Materials Safety Administration (PHSMA) that ended the use of a key vapor gas dispersion model — have prompted Crown Landing LLC to ask FERC for a one-year extension to revise a permit application for a liquefied natural gas (LNG) terminal on the Delaware River in Gloucester County, NJ.

May 9, 2011

Consol Wells Producing on Former Dominion Land

Consol Energy announced Wednesday that its plans to drill 70 wells in the Marcellus Shale play by the end of the year were slightly ahead of schedule, thanks to the 13 horizontal wells it drilled during 1Q2011.

April 15, 2011

More Call for Testing Radium Levels in Drilling Wastewater

Whether wastewater from natural gas drilling sites will be more extensively analyzed for radiation levels still is an unknown, but some Pennsylvania water systems don’t plan to wait and will step up radiological tests, officials said this week.

March 3, 2011

Shale-Focused Horn River Pipeline Gets OK

Canada’s National Energy Board (NEB) has approved TransCanada Corp. unit NOVA Gas Transmission Ltd.’s (NGTL) construction and operation of its C$307 million Horn River Project, which would help carry growing supplies of shale gas to market.

January 31, 2011