The election may have left the balance of power in Washington basically unchanged, but the lame duck Congress, which convened this week, may turn out to be not so lame, and the outlook for natural gas interests on Capitol Hill is good, according to Regina Hopper, CEO of America’s Natural Gas Alliance (ANGA).
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Producer Has New Hope for Montana’s False Bakken
In Montana in a “forgotten corner of the Williston Basin,” a Texas company is gathering up acreage with the expectation that it can turn what some call the False Bakken into a true gem. And if that doesn’t work, northeast Montana has more to offer in and near the Bakken Petroleum System.
‘Pronounced Recovery’ in GOM Forecast for 2013 and Beyond
Barring a “severe negative turn” in the global economic outlook, the outlook for oil and gas projects in the U.S. Gulf of Mexico (GOM) appears to be positive with gains across all of the major market sectors, according to Quest Offshore.
‘Pronounced Recovery’ for GOM Forecast for 2013 and Beyond
Barring a “severe negative turn” in the global economic outlook, the outlook for oil and gas projects in the U.S. Gulf of Mexico (GOM) appears to be positive with gains across all of the major market sectors, according to Quest Offshore.
Kinder: Power Gen Lifts Gas Throughput, LNG Exports Planned
As power generators turn increasingly from coal to natural gas, it’s not just gas producers that benefit. Pipelines get a lift, too.
Kinder: Power Gen Lifting Gas Throughput, LNG Exports in the Works
As power generators turn increasingly from coal to natural gas, it’s not just gas producers that benefit. Pipelines get a lift, too.
Local Officials Blast Colorado Governor’s Lawsuit
Local government officials from around Colorado took a swipe at Gov. John Hickenlooper for suing the city of Longmont, CO, to turn back its ordinance establishing natural gas and oil drilling regulations within its boundaries. The state maintains exclusive jurisdiction in this area under the Colorado Oil and Gas Conservation Commission (COGCC).
North Dakota Delays Flaring-Fertilizer Project Decision
The North Dakota Industrial Commission on Monday delayed for further study a decision on a $1.1 million state grant for a pilot project to turn flared natural gas in the Bakken Shale into fertilizer for the state’s farming industry. The three-member commission of elected officials, including the governor, wants more study of the project’s feasibility.
Midstates Petroleum Grabs $650M Slice of Mississippian Lime
Midstates Petroleum Co. agreed to pay Eagle Energy Production LLC $650 million in cash and stock for all of Eagle’s producing properties, and both developed and undeveloped acreage, primarily in the Mississippian Lime oil play in Oklahoma and Kansas, the Houston-based producer said Monday.
Riverstone Boosts Three Rivers’ Acquisition Plans in Permian
Private equity power broker Riverstone Holdings LLC announced Monday that it has made an investment in Three Rivers Operating Co. LLC, which in turn has signed an agreement to buy several assets in the Permian Basin of West Texas from Meritage Energy Company LLC.