Fairbanks, AK-based electric cooperative Golden Valley Electric Association (GVEA) has signed a natural gas supply contract with BP Exploration (Alaska) Inc. for up to 23 Bcf of gas per year for 20 years. The deal would meet its power generation needs and eventually allow for gas deliveries — via liquefied natural gas (LNG) — to Interior Alaska, the cooperative said.
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BP Supplying Natural Gas to Alaska Power Coop
Fairbanks, AK-based electric cooperative Golden Valley Electric Association (GVEA) has signed a natural gas supply contract with BP Exploration (Alaska) Inc. for up to 23 Bcf of gas per year for 20 years. The deal would meet its power generation needs and eventually allow for gas deliveries — via liquefied natural gas (LNG) — to Interior Alaska, the cooperative said.
Total to Sell LNG from Sabine Pass to Korea’s Kogas
Total Gas & Power Ltd. has signed a deal to sell to South Korea’s Korea Gas Corp. (Kogas) 0.7 million metric tons per year of liquefied natural gas (LNG) for 20 years from Cheniere Energy Partners LP’s Sabine Pass Liquefaction LNG export terminal in Louisiana. The LNG would be lifted following startup of the terminal’s third train, which is scheduled for commissioning in 2017, Total said.
Total to Sell LNG from Sabine Pass to Korea’s Kogas
Total Gas & Power Ltd. has signed a deal to sell to South Korea’s Korea Gas Corp. (Kogas) 0.7 million metric tons per year of liquefied natural gas (LNG) for 20 years from the planned Sabine Pass LNG export terminal in Louisiana.
Landfill Gas Generator Moves to Expand NGV Use
Phoenix, AZ-based solid waste operator Republic Services Inc. has signed a deal with a unit of California-based Clean Fuels Energy Corp. to take some of the renewable natural gas produced at a Tennessee landfill and use it as vehicle fuel in Republic’s expanding natural gas-powered fleet.
Industry Brief
Illinois-based Gas Technology Institute (GTI) has signed two contracts with the California Energy Commission (CEC) totaling $3.5 million to support some energy projects in the West. With a satellite office in Davis, CA, GTI will help the CEC develop more economic natural gas-fired combined heat-power (CHP) systems and advanced waste heat recovery technology. GTI received a $1.8 million grant to develop flex-fuel CHP that can operate interchangeably on natural gas or biogas produced by anaerobic digesters at wastewater treatment plants and landfills. GTI also has a $1.73 million grant to demonstrate technology for converting high temperature (900 degrees F) exhaust gas waste heat into electricity on an average-sized industrial furnace.
Midstates Petroleum Grabs $650M Slice of Mississippian Lime
Midstates Petroleum Co. agreed to pay Eagle Energy Production LLC $650 million in cash and stock for all of Eagle’s producing properties, and both developed and undeveloped acreage, primarily in the Mississippian Lime oil play in Oklahoma and Kansas, the Houston-based producer said Monday.
Industry Brief
Ohio Gov. John Kasich has signed an executive order prohibiting the state’s Department of Natural Resources “from issuing any permit, license or lease allowing for the withdrawal or production of oil and gas from or under the bed of Lake Erie.” Congress previously enacted legislation prohibiting the issuance of permits or leases for drilling under the Great Lakes, but it was important that Ohio issue its own prohibition on Lake Erie drilling in case the congressional ban should be lifted, according to the executive order.
Ohio Governor’s Temporary Order Regulates Injection Wells
Ohio Gov. John Kasich signed an executive order on Tuesday temporarily giving the Ohio Department of Natural Resources (ODNR) additional power to regulate wastewater injection wells used by oil and natural gas drilling operations.
Armada Accelerating Niobrara Oil Exploration
Armada Oil Inc. has signed a geophysical data acquisition agreement with Geokinetics USA Inc. to conduct seismic testing on land in the Niobrara and Casper formations in southern Wyoming, the Houston-based independent oil and gas company said.