The Alaska Department of Natural Resources (DNR) and the U.S. Department of Energy’s (DOE) Office of Fossil Energy on Tuesday inked an agreement at the LNG 17 conference in Houston to work together — and with potential investors — to dig down and study unconventional energy resources in Alaska’s Arctic.
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Shell Clinches Shale Gas Agreement in Ukraine
Royal Dutch Shell plc has clinched a production sharing agreement in Ukraine to explore shale gas deposits in the Yuzivske gas field, which may evolve into the “largest investment in Ukrainian history,” according to the nation’s energy minister.
PG&E Customers Get Added Pipeline Data
In the midst of rising complaints from local government officials about the level of its information sharing in the wake of the Sept. 9 San Bruno, CA, transmission pipeline explosion, Pacific Gas and Electric Co. (PG&E) last week announced it was making additional information accessible to customers via the Internet. In the southern half of the state, Sempra Energy’s two gas utilities are taking similar steps.
PG&E to Give Customers Additional Pipeline Information
In the midst of rising complaints from local government officials about the level of its information sharing in the wake of the Sept. 9 San Bruno transmission pipeline explosion, Pacific Gas and Electric Co. (PG&E) Monday announced it was making additional information accessible to customers via the Internet. In the southern half of the state, Sempra Energy’s two gas utilities are taking similar steps.
Costs, GOM Delays to Dull BP’s Output in 2007
Rising costs, property sales and lower volumes from production-sharing contracts contributed to a disappointing quarter for BP plc, and the London-based major said last week production also is not rising at the rate it forecast. Oil and natural gas output this year is expected to range between 3.8-3.9 MMboe/d, nearly flat compared with 2006 annual production of 3.93 MMboe.
Costs, GOM Delays to Dull BP’s Output in 2007
Rising costs, property sales and lower volumes from production-sharing contracts contributed to a disappointing quarter for BP plc on Tuesday. Going forward, the London-based major said 2007 oil and natural gas output will range between 3.8-3.9 MMboe/d, nearly flat compared with its 2006 annual production of 3.93 MMboe.
Bush Officials Back Expanded OCS Leasing, Royalty-Sharing
Bush administration officials expressed support last Wednesday for expanded oil and natural gas leasing in the federal Outer Continental Shelf (OCS), as well as the sharing of royalties on production from “new leases in new areas” with coastal states.
Bush Officials Back Expanded OCS Leasing, Royalty-Sharing
Bush administration officials expressed support Wednesday for expanded oil and natural gas leasing in the federal Outer Continental Shelf (OCS), as well as the sharing of royalties from “new leases in new areas” with coastal states.
Alaska Commission to Revise Prudhoe Bay Gas Output Rate
A group of North Slope producers plans to submit a proposal to the Alaska Oil and Gas Conservation Commission (AOGCC) about sharing proprietary production data from the Prudhoe Bay reservoir. A final agreement on use of some of the data is expected to help the commission revise a rule on the rate of allowable natural gas production from Prudhoe, which in turn could pave the way for moving forward on the producers’ proposed $20 billion gas pipeline.
Alaska Commission to Revise Prudhoe Bay Gas Output Rate
Within the next two weeks, a group of North Slope producers plans to submit a proposal to the Alaska Oil and Gas Conservation Commission (AOGCC) about sharing proprietary production data from the Prudhoe Bay reservoir. A final agreement on use of some of the data is expected to help the commission revise a rule on the rate of allowable natural gas production from Prudhoe, which in turn could pave the way for moving forward on the producers’ proposed $20 billion gas pipeline.