Denver-based Tom Brown Inc. scored well earnings-wise in the second quarter, but production-wise, the independent’s natural gas numbers were off about 8% compared with a year ago. Oil and gas production overall this year is forecast to be down from 2002 levels, but recent drilling success in the Rocky Mountains and a new acquisition should result in 14% growth from the first quarter through the end of the year, management said Friday.
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Emergency Pipe Reconstruction Rule Released by FERC
Interstate natural gas pipelines scored a key victory last Wednesday in a final FERC rule that gives pipes “additional flexibility” to rebuild damaged facilities and restore service following an “emergency interruption,” whether caused deliberately or not.
FERC Votes Out Emergency Pipe Reconstruction Rule
Interstate natural gas pipelines scored a key victory Wednesday in a final FERC rule that gives pipes “additional flexibility” to rebuild damaged facilities to restore service following an “emergency interruption,” whether caused deliberately or not.
CMS, TXU Report Financial Progress
As energy merchants and utilities slowly pick themselves off the mat and get back into the game, CMS Energy Corp. and TXU Corp. last week scored some positive news.
Tenth Circuit Royalty Decision ‘Major Victory’ for Producers
The oil and natural gas industry scored a “major victory” this month when the Tenth Circuit Court of Appeals ruled that the Department of Interior (DOI) does not have unfettered authority to collect back royalties from producers, but rather is restricted by the statute of limitations that governs all government contract claims.
Cross-Border Investment No Longer an Issue
It took three decades, but an American natural gas producer has finally scored a coup that shows the walls of Canadian economic nationalism have crumbled.
Cross-Border Investment No Longer an Issue
It took three decades, but an American natural gas producer has finally scored a coup that shows the walls of Canadian economic nationalism have crumbled.
Tenth Circuit Royalty Decision ‘Major Victory’ for Producers
The oil and natural gas industry scored a “major victory” this month when the Tenth Circuit Court of Appeals ruled that the Department of Interior (DOI) does not have unfettered authority in collecting back royalties from producers, but rather is restricted by the statute of limitations that governs all government contract claims.
OGE Snags Another Transok Contract
OGE Energy Corp. has scored a second natural gas transportationcontract in less than a month for its Transok pipeline system, thelatest with PECO Energy Co.’s Power Team to transport gas to a new800 MW power plant under construction in Jenks, OK. Enogex Inc., anOGE subsidiary, will operate the new facility.
CUB Triggers Investigation of Nicor Utility Affiliate
The Citizens Utility Board (CUB) scored two wins last week asthe Illinois Commerce Commission (ICC) voted to begin aninvestigation into Nicor Gas’ gas deregulation program andtemporarily blocked a proposed expansion of the program until thecompany can prove it benefits customers.