Less than half, or 46%, of the 169,000 oil and natural gas leases in Texas were not inspected for five years, and there is a troubling lack of rules governing inspectors’ relationships with well operators, according to an audit of the Railroad Commission of Texas (RRC).
Troubling
Articles from Troubling
S&P Study Finds Energy Firms Lack Infrastructure, Understanding of Liquidity Risk
Two to three years after the crash of the wholesale energy marketers the results of a new Standard & Poor’s survey of today’s market participants are “troubling,” to the ratings agency, which found that not all had learned the lesson of sound risk management practices regarding liquidity. Some also harbor the mistaken belief that it can’t happen again.
May 16, 2005
S&P Study Finds Energy Firms Lack Infrastructure, Understanding of Liquidity Risk
Two to three years after the crash of the wholesale energy marketers the results of a new Standard & Poor’s survey of today’s market participants are “troubling,” to the ratings agency, which found that not all had learned the lesson of sound risk management practices regarding liquidity. Some also harbor the mistaken belief that it can’t happen again.
May 13, 2005
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
