Tennessee Gas Pipeline Co. LLC (TGP) denied a shipper’s allegation that it failed to accept a valid offer of turnback capacity during an open season for an expansion project in Pennsylvania. It urged FERC to reject a protest filed by the shipper and certify the project.
Triad
Articles from Triad
West Virginia Selects Winning Bids for Ohio River Leases
The West Virginia Department of Commerce has selected winning bids from three operators that want to develop valuable mineral rights below the Ohio River in Marshall, Wetzel and Tyler counties.
October 30, 2014
Industry Briefs
Houston-based independent Magnum Hunter Resources Corp.’s Triad Hunter LLC unit has bought Marcellus Shale oil and gas properties and leasehold mineral interests in Wetzel County, WV, for $20 million, the company said. The assets acquired include 2,225 net contiguous acres containing 20 identified horizontal drilling locations, of which seven gross locations are currently booked as proved undeveloped. A company analysis conducted in December found that the assets contained total proved reserves of about 11.5 Bcfe (16% proved developed producing) with net production of 517 Mcfe/d (100% natural gas).
April 15, 2011
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