Sterling

Range Resources said it has added about 80 Bcfe of West Texas gas (88%) and oil reserves near its Conger Field in Sterling County for $85 million. About 14 MMcf/d of gas currently is being produced and Range said it expects a shallow production decline and long life with a reserve-to-production ratio of more than 15 years.

Range Resources said it has added about 80 Bcfe of West Texas gas (88%) and oil reserves near its Conger Field in Sterling County for $85 million. About 14 MMcf/d of gas currently is being produced and Range said it expects a shallow production decline and long life with a reserve-to-production ratio of more than 15 years.

Kinder Morgan Interstate reported completion of repairs to a leak on its Pony Line in Yuma County, CO, downstream of Sterling Compressor Station. The associated force majeure, declared late Tuesday, was lifted for Wednesday’s gas day. Minor service curtailments were made Tuesday.

Record earnings from wholesale power marketing and generationand a 19% increase in operating margin from gas marketinghighlighted Dynegy Inc.’s sterling third quarter results.Continuing difficulties in the company’s liquids division anduncertainty over Nova Corp.’s plan to divest its 26% share in thecompany were more than counterbalanced by a three-fold increase inoperating margin from power marketing and trading.

Record earnings from wholesale power marketing and generationand a 19% increase in operating margin from gas marketinghighlighted Dynegy Inc.’s sterling third quarter results.Continuing difficulties in the company’s liquids division anduncertainty over Nova Corp.’s plan to divest its 26% share in thecompany were more than counterbalanced by a three-fold increase inoperating margin from power marketing and trading.