Over the next three years capital expenditures (capex) in the Eagle Ford Shale could top the projected spending for the Kashagan project in Kazakhstan, now the world’s most expensive standalone energy project, according to an analysis by Wood Mackenzie.
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Industry Briefs
Three environmental groups on Monday sent an intent-to-sue letter to the Department of Interior (DOI) for not listing sage grouse as an endangered or threatened species. Sixty days’ notice is required ahead of filing a lawsuit under the Endangered Species Act (ESA). The Center for Biological Diversity, Desert Survivors and Western Watersheds Project said the lawsuit would be filed in a still-to-be-determined federal court because DOI classified the sage grouse only as a candidate for protection under the ESA (see Daily GPI, March 8). Around 250 species considered candidates for protection have been on the list for decades, the groups said. DOI declined to comment because of its policy regarding litigation.
Industry Briefs
Three environmental groups on Monday sent an intent-to-sue letter to the Department of Interior (DOI) for not listing sage grouse as an endangered or threatened species. Sixty days’ notice is required ahead of filing a lawsuit under the Endangered Species Act (ESA). The Center for Biological Diversity, Desert Survivors and Western Watersheds Project said the lawsuit would be filed in a still-to-be-determined federal court because DOI classified the sage grouse only as a candidate for protection under the ESA (see Daily GPI, March 8). Around 250 species considered candidates for protection have been on the list for decades, the groups said. DOI declined to comment because of its policy regarding litigation.
Interior Asked to Table Plans for Alaska Reserve Lease Sale
Sixty-six House lawmakers asked Interior Secretary Dirk Kempthorne Friday to table plans for a tentatively scheduled September oil and gas lease sale in the National Petroleum Reserve-Alaska (NPRA) around the environmentally sensitive Teshekpuk Lake area.
Interior Asked to Table Plans for Alaska Reserve Lease Sale
Sixty-six House lawmakers urged Interior Secretary Dirk Kempthorne Friday to table plans for a tentatively scheduled September oil and gas lease sale in the National Petroleum Reserve-Alaska (NPRA) around the environmentally sensitive Teshekpuk Lake area.
Customers Lose Money Under Most Illinois Retail Gas Plans, CUB Says
Sixty percent of the active retail gas sales plans offered by unregulated retail marketers in Illinois are bad deals that would have cost customers more money than sticking with their state utility supplier, according to an analysis done by the Citizens Utility Board (CUB), a state watchdog group created by the state legislature.
The Case of the Missing Molecules
Sixty U.S. gas pipelines are still trying to figure out whathappened to 106 Bcf of gas last year. The methane simply vanishedinto thin air at a cost of more than $200 million, according to asurvey of FERC Form 2 data by GRI. The GRI research shows that onaverage, each of those interstate pipes lost about 4.8 MMcf/d.
The Case of the Missing Molecules
Sixty U.S. gas pipelines are still trying to figure out whathappened to 106 Bcf of gas last year. The methane simply vanishedinto thin air at a cost of more than $200 million, according to asurvey of FERC Form 2 data by GRI. The GRI research shows that onaverage, each of those interstate pipes lost about 4.8 MMcf/d.