Houston-based Swift Energy Co. increased its third quarter production 12% over the same period a year ago, and set a quarterly production record, with 13.6 Bcfe, which included 8.7 Bcfe domestically and 4.9 Bcfe for production in New Zealand. The independent also was up 3% sequentially from the second quarter.
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FERC Sets Framework for Price Indices Workshop
The Federal Energy Regulatory Commission has laid out the framework for discussion of the underlying liquidity and reliability of natural gas price indices, to be encompassed in a workshop scheduled for Nov. 4.
Alberta Government Sets Royalty Reductions for Shut-in Producers
Compensation has been granted to 30 Canadian natural gas producers affected by an order to shut-in wells found to jeopardize future exploitation of the oil sands by the Alberta Energy and Utilities Board.
Alberta Government Sets Royalty Reductions for Shut-in Producers
Compensation has been granted to 30 Canadian natural gas producers affected by an order to shut-in wells found to jeopardize future exploitation of oil sands by the Alberta Energy and Utilities Board.
El Paso Sets up $500M Drilling Deal with Lehman, Nabors
El Paso Corp. is teaming up with investment banker Lehman Brothers and drilling operator Nabors Industries Ltd. for about $500 million worth of drilling activity in two unspecified locations in the next nine to 12 months.
El Paso Sets up $500M Drilling Deal with Lehman, Nabors
El Paso Corp. is teaming up with investment banker Lehman Brothers and drilling operator Nabors Industries Ltd. for about $500 million worth of drilling activity in two unspecified locations in the next nine to 12 months.
NEB Decision Makes TransCanada FT Competitive, Sets New SW Rate Zone
TransCanada PipeLines Ltd. said Friday that it finally got some of what it wanted in a long, hotly-contested rate case before the National Energy Board. On Thursday the NEB approved key components of TransCanada’s 2003 Mainline Tolls application, including an increase in IT floor prices and its depreciation rate, as well as a new Southwest Tolling Zone that will encompass the existing Southwest Delivery Area that is currently part of the Eastern Zone.
NEB Decision Makes TransCanada FT Competitive, Sets New SW Rate Zone
TransCanada PipeLines Ltd. said Friday that it finally got some of what it wanted in a long, hotly-contested rate case before the National Energy Board. On Thursday the NEB approved key components of TransCanada’s 2003 Mainline Tolls application, including an increase in interruptible transportation (IT) floor prices and the pipeline’s depreciation rate, as well as a new Southwest Tolling Zone that will encompass the existing Southwest Delivery Area that is currently part of the Eastern Zone.
TX Judge Sets Date for Enron Lawsuits; NY Judge Hears Lay Case
A Houston judge has set the official start date for the plethora of class-action lawsuits against former Enron Corp. executives, banks and law firms for Oct. 17, 2005, nearly four years after the company declared bankruptcy.
Houston Judge Sets Date for Enron Lawsuits; NY Judge Hears Lay Case
A Houston judge has set the official start date for the plethora of class-action lawsuits against former Enron Corp. executives, banks and law firms for Oct. 17, 2005, nearly four years after the company declared bankruptcy.