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Thomas F. Darden has retired from the Quicksilver Resources Inc. board chairmanship and from his officer position effective Wednesday, the company said. He will remain on the board as a director and chairman emeritus and will continue to work for Quicksilver through the end of the year. He will be focused on pursuing a joint venture in British Columbia’s Horn River Basin, something that the Fort Worth, TX-based company has sought for some time (see Shale Daily, May 8). Darden is to retire from Quicksilver on Dec. 31 but will continue to advise the company on the Horn River development and other projects, the company said. W. Yandell Rogers was elected chairman Wednesday. He has served as an independent director since March 1999.

May 17, 2013

National Fuel Gas: Production to Jump Another 23% in 2014

National Fuel Gas Co. (NFG), which recently raised its production guidance for 2013 by 6 Bcfe to 102-112 Bcfe, said Monday it expects production to jump to 126-138 Bcfe in 2014.

March 20, 2013

People

Outgoing Anadarko Petroleum Corp. Executive Chairman Jim Hackett plans to begin attending Harvard Divinity School in the fall. Hackett, 59, who served as CEO of The Woodlands, TX-based operator until last May, long has been interested in learning to write, speak and teach about faith and leadership, which were key reasons he retired from the company, according to a spokesman. The Harvard University program offers four degree programs: master of theological studies, master of divinity, master of theology and doctor of theology. Hackett’s retirement is to take effect after Anadarko’s annual meeting in May. He previously worked at Devon Energy Corp., as well as NGC Corp., Burlington Resources (acquired by Anadarko in 2006), and Amoco Oil Co. Hackett is a board member and adjunct professor at Rice University.

March 18, 2013

People

Outgoing Anadarko Petroleum Corp. Executive Chairman Jim Hackett plans to begin attending Harvard Divinity School in the fall. Hackett, 59, who served as CEO of The Woodlands, TX-based operator until last May, long has been interested in learning to write, speak and teach about faith and leadership, which were key reasons he retired from the company, according to a spokesman. The Harvard University program offers four degree programs: master of theological studies, master of divinity, master of theology and doctor of theology. Hackett’s retirement is to take effect after Anadarko’s annual meeting in May (see Daily GPI, Feb. 20). He previously worked at Devon Energy Corp., as well as NGC Corp., Burlington Resources (acquired by Anadarko in 2006), and Amoco Oil Co. Hackett is a board member and adjunct professor at Rice University.

March 12, 2013

Eagle Ford-Focused Rosetta Set Production Record Last Year

The Eagle Ford Shale continued to drive results for Houston-based Rosetta Resources Inc. last year, leading the company to record production, reserves and cash flow.

February 28, 2013

Board OKs $500M Consol Deal for Pittsburgh Airport Drilling

Allegheny County Airport Authority (ACAA) board members Friday unanimously approved a deal with Consol Energy Inc. for Marcellus Shale natural gas drilling rights at Pittsburgh International Airport. The arrangement could be worth $500 million over the next 20 years.

February 12, 2013
NuStar Crude Throughput Up on ‘Luck’ and Eagle Ford

NuStar Crude Throughput Up on ‘Luck’ and Eagle Ford

Infrastructure projects, acquisitions and contracting activity — particularly in the Eagle Ford Shale of South Texas — served to lift crude oil pipeline throughputs for NuStar GP Holdings LLC last year. Some of NuStar’s South Texas pipeline assets had been underutilized.

February 5, 2013

People

The National Association of Regulatory Utility Commissioners (NARUC) appointed Railroad Commission of Texas (RRC) Chairman Barry Smitherman chair of the NARUC committee on gas. Smitherman, who had served as a co-vice chair of the committee, replaces outgoing chair Timothy Alan Simon of California. Commissioner Todd Snitchler of the Public Utilities Commission of Ohio was appointed gas committee co-vice chair along with Commissioner Paul Roberti of the Rhode Island Public Utilities Commission. Roberti also leads the NARUC task force on pipeline safety.

January 14, 2013

People

Lamar McKay, who has served as chairman and president of BP plc subsidiary BP America since 2009, will take over as CEO of the Upstream business unit effective Jan. 1. In his new role McKay, who has worked for BP for 32 years, would lead the operator’s combined upstream businesses, which include the exploration, development and production divisions, together with the strategy and integration team. The upstream divisions were created in 2010 following the Macondo deepwater spill in the Gulf of Mexico, which led to a major reorganization designed to improve risk management and global standards. McKay would report to Group CEO Bob Dudley. McKay’s successor has not been announced.

November 27, 2012

NJNG Shuts Down Part of Barrier Island System; May Have to Rebuild

New Jersey Natural Gas (NJNG) Thursday began shutting off gas flow to a part of its system that served customers on the barriers islands that were ravaged by Hurricane Sandy on Monday.

November 2, 2012
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