Specifics

A federal judge ruled last week that Pennsylvania landowners who signed Marcellus Shale leases with oil and gas companies — then unsuccessfully sued to have them nullified — did not “repudiate” the lease terms, and turned down the companies’ counter suit to extend the leases by two years to regain time lost during litigation.

Although his state-of-the-state speech last Monday was short on energy specifics, Nevada Gov. Kenny Guinn will push for more energy conservation efforts in the state in 2005, according to his energy adviser Richard Burdette.

Although his state-of-the-state speech late Monday was short on energy specifics, Nevada Gov. Kenny Guinn will push for more energy conservation efforts in the state in 2005, according to his energy adviser Richard Burdette who spoke with NGI/Power Market Today shortly before the governor delivered his speech.

Questar Pipeline Co. (QPC) has released revised open season specifics for a 300-450 MMcf/d expansion project, which includes about 170 miles of new 24-inch diameter pipeline. The revised project would accept incremental gas production from multiple Rocky Mountain areas rather than only the Piceance Basin. It also would allow deliveries to various pipeline interconnections rather than only to pipelines that deliver gas to the Midcontinent region.

Without giving specifics, the CEO of PG&E Corp.confirmedhe is looking to sell some of its recently acquiredmulti-billion-dollar gas and electric assets in the U.S. andAustralia later this year.