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Lower Tertiary’s Walker Ridge Grabs Top Bid in MMS Lease Sale

The Walker Ridge in the Lower Tertiary of the deepwater Gulf of Mexico (GOM), which may — or may not — hold vast amounts of oil and natural gas reserves, captured the highest bid for a block in the Minerals Management Service’s (MMS) Central GOM sale on Wednesday.

October 4, 2007

Uinta-Piceance, Greater Green River, Williston Basins Beckon E&Ps

The vast Rocky Mountains oil and natural gas reserves continue to beckon exploration and production (E&P) companies and a growing group of private entities, but Wood Mackenzie energy analysts said a big question remains: where among these 9.2 million acres is the next Bakken shale, Jonah-Pinedale, Big George coals or Covenant field?

August 14, 2007

MidAmerican Sees Producers Cooperating with AK Pipeline

With their backs to the wall, the three main North Slope producers are not likely to withhold their vast reserves of Alaskan gas from a pipeline going south to market because they could be accused of antitrust behavior, and it would work against the interest of their shareholders to pass up the opportunity to monetize stranded gas, an executive of MidAmerican Energy Holdings Co. told Alaska legislators Thursday.

May 7, 2007

Sempra Sits ‘Chilly’ on Three LNG Terminals, Deep Marketing Unit

San Diego-based Sempra Energy’s vast liquefied natural gas (LNG) stake in North America looks like a pot of gold with more than 2 Bcf/d of LNG capacity sold to LNG suppliers at two of its three permitted terminals that are under construction and set to begin commercial operations next year.

January 15, 2007

Sempra Sits ‘Chilly’ on Three LNG Terminals, Deep Marketing Unit

San Diego-based Sempra Energy’s vast liquefied natural gas (LNG) stake in North America looks like a pot of gold with more than 2 Bcf/d of LNG capacity sold to LNG suppliers at two of its three permitted terminals that are under construction and set to begin commercial operations next year.

January 12, 2007

Shtokman LNG: From Russia, Perhaps

In advance of whatever liquefied natural gas (LNG) supplies it might send to the United States from the vast Shtokman gas field in the Barents Sea, Russia is sending mixed signals.

October 16, 2006

Gazprom Plans to Send All Shtokman Gas to Europe

Gazprom’s apparent decision to target the future production of its undeveloped but vast Shtokman natural gas field to Europe instead of the United States will have little effect on future U.S. liquefied natural gas (LNG) markets, some analysts said.

October 10, 2006

WSI Sees Mostly ‘Warmer than Normal’ U.S. for July-Sept.

Andover, MA-based WSI Corp. said last week it expects the July-September period to average warmer than normal temperatures for a vast majority of the U.S., with the exception of parts of the East Coast, which should experience “close to normal” conditions.

June 26, 2006

WSI Sees Mostly ‘Warmer than Normal’ U.S. for July-Sept. Period

Andover, MA-based WSI Corp. said Monday it expects the July-September period to average warmer than normal temperatures for a vast majority of the U.S., with the exception of parts of the East Coast, which should experience “close to normal” conditions.

June 20, 2006

Murkowski Contract Draws Fire; Former Gov. Knowles Mounts Challenge

Alaska Gov. Frank Murkowski last week introduced three bills intended to move forward his plan for a pipeline to tap the state’s vast natural gas reserves. Meanwhile, Democratic former governor Tony Knowles launched a bid for a third term and pledged, if elected, to undo Murkowski’s draft gas pipeline fiscal terms contract with a trio of producers that will build the pipe if the terms are to their liking.

June 5, 2006