Thirty

Thirty-two of the dry natural gas rigs operated by Nabors Industries Ltd. in the Haynesville Shale have been redeployed to liquids areas “and we expect more of the remaining 26 to be diverted” soon, CEO Tony Petrello said late Tuesday.

Thirty-two of the dry natural gas rigs operated by Nabors Industries Ltd. in the Haynesville Shale have been redeployed to liquids areas “and we expect more of the remaining 26 to be diverted” soon, CEO Tony Petrello said late Tuesday.

Thirty Texas lawmakers recently wrote to Gov. Rick Perry seeking an emergency proclamation for additional air monitors in the Dallas-Fort Worth area to track emissions from Barnett Shale natural gas activity.

Crosstex Energy LP said it is buying 48 amine treating rental plants of Hanover Compression LP for $52 million. “Thirty-two of the treating plants we are buying are in operation adding about 20 new customers, and the other 16 are ready for refurbishment and will be available to meet our customers treating needs,” said Crosstex CEO Barry E. Davis. “This purchase complements our coverage of the amine treating rental market, and will allow us to expand our service capabilities to all our treating customers by providing a larger treating plant fleet with more inventory to better target their needs.” The transaction is expected to be completed in February. Hanover and Crosstex also entered into a three-year strategic alliance for compression services and equipment.

Thirty-eight trade associations, including several key natural gas-related groups, have called on President Bush to satisfy the requirements of legislation that was signed into law a year ago and appoint an administrator for the Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA).

Thirty-three California Democrats in the U. S. House of Representatives Thursday asked the Federal Energy Regulatory Commission to reconsider an administrative law judge’s proposed ruling that the state was owed $1.8 billion in refunds from alleged wholesale electricity overcharges in 2000-2001. FERC Judge Bruce Birchman made his determination last month, drawing heavy criticism from state officials from the governor on down.

Thirty-four parcels of Federal land in Alabama, Arkansas, Kentucky, Louisiana, Michigan and Mississippi brought $101,037 to the U.S. Treasury through a competitive auction of oil and gas leases conducted by the U.S. Department of the Interior’s Bureau of Land Management (BLM) on July 11, in Springfield, VA. Bonus bids, filing fees, and rental revenue totaled $322,064, of which $221,027 will be shared with the six states. BLM, Eastern States administers the mineral estate in 31 states east of and adjoining the Mississippi River and offers selected parcels at quarterly competitive auctions. Regulations require the bidding to open at $2 per acre minimum. Seeco, Inc. from Fayetteville, Arkansas purchased a 2,449 acre parcel in Logan County, AR with their bid of $67 per acre — the highest per-acre bid of the auction. Leases are awarded for a term of 10 years and as long thereafter there is production in paying quantities. The Federal Government receives a 12.5% royalty on the value of the amount of production. Also, each respective State Government receives a 25% minimum share of the bonus bids and the royalty from each lease. Twenty-nine parcels remained available for noncompetitive, next-day filing.

Thirty-four parcels of Federal land in Alabama, Arkansas, Kentucky, Louisiana, Michigan and Mississippi brought $101,037 to the U.S. Treasury through a competitive auction of oil and gas leases conducted by the U.S. Department of the Interior’s Bureau of Land Management (BLM) on July 11, in Springfield, VA. Bonus bids, filing fees, and rental revenue totaled $322,064, of which $221,027 will be shared with the six states. BLM, Eastern States administers the mineral estate in 31 states east of and adjoining the Mississippi River and offers selected parcels at quarterly competitive auctions. Regulations require the bidding to open at $2 per acre minimum. Seeco, Inc. from Fayetteville, Arkansas purchased a 2,449 acre parcel in Logan County, AR with their bid of $67 per acre — the highest per-acre bid of the auction. Leases are awarded for a term of 10 years and as long thereafter there is production in paying quantities. The Federal Government receives a 12.5% royalty on the value of the amount of production. Also, each respective State Government receives a 25% minimum share of the bonus bids and the royalty from each lease. Twenty-nine parcels remained available for noncompetitive, next-day filing.