Updating

Updating its reserves and its production guidance going forward, XTO Energy Inc. said recently that it expects proved reserves at year-end 2003 to exceed 4.1 Tcfe. The company added that its reserve volumes imply a finding and development cost for the year, including acquisitions, of less than $1.10/Mcfe.

Updating its reserves and its production guidance going forward, XTO Energy Inc. said Friday that it expects proved reserves at year-end 2003 to exceed 4.1 Tcfe. The company added that its reserve volumes imply a finding and development cost for the year, including acquisitions, of less than $1.10/Mcfe.

Updating the progress on its ongoing asset sales program, Tulsa-based Williams reported Friday that it has closed three previously announced transactions involving sales of assets and a power contract for approximately $663 million in aggregate consideration.

Updating the progress on its ongoing asset sales program, Tulsa-based Williams reported Friday that it has closed three previously announced transactions involving sales of assets and a power contract for approximately $663 million in aggregate consideration.

The Federal Energy Regulatory Commission last week voted out a rule updating its requirements for regulated companies to record and report liabilities and other costs associated with the retirement or decommissioning of plant assets.

Updating its progress on the Sunrise-Mayel No. 2H natural gas well near Delano, CA, Tri-Valley Corp. reported that it is expanding operations to the upper Shafter-Wasco zone of the McClure Shale formation because the current zone has a significant amount of clay content that can swell and block gas delivery.

Updating its activities over the first six months of the year, the Department of the Interior’s Minerals Management Service (MMS) said that despite a four-month, court-ordered computer network shutdown, the government agency has distributed more than $318 million to 32 states during the first six months of 2002.

Sensing that updating its 1988 Pipeline Crossing Regulations was past due, Canada’s National Energy Board moved another step toward the development of new regulations called the Damage Prevention Regulations (DPR) that will govern pipeline safety throughout the country.