Victory

Well Spacing Battle in the Pinedale Anticline Continues

Despite a recent industry victory by another company in Wyoming’s rich oil and natural gas region, the Wyoming Oil and Gas Conservation Commission (WOGCC) on Tuesday denied Ultra Petroleum Corp.’s application for increased density drilling in the Pinedale Field.

May 12, 2005

Senate OKs Energy Development in ANWR After Years of Defeat

In a significant victory for pro-drilling forces, Senate Republicans last Wednesday narrowly approved opening up a portion of Alaska’s Arctic National Wildlife Refuge (ANWR) to oil and natural gas development.

March 21, 2005

Western Utilities Score Win as FERC Agrees to Review Enron Power Contracts

Western utilities have scored a major victory in their effort to get out from under their multi-million-dollar power contracts that they negotiated with Enron Corp. affiliates during the power crisis of 2000-2001.

March 21, 2005

Senate OKs Energy Development in ANWR After Years of Defeat

In a significant victory for pro-drilling forces, Senate Republicans on Wednesday narrowly approved opening up a portion of Alaska’s Arctic National Wildlife Refuge (ANWR) to oil and natural gas development.

March 17, 2005

Conferees Add Marginal Well Tax Credit to Corporate Tax Cut Bill

Independent oil and natural gas producers scored a big victory Wednesday when House-Senate conferees approved a proposal that would establish a tax credit for marginal oil and gas wells when energy prices drop to low levels as part of the conference report on the broad corporate tax cut legislation (H.R. 4520).

October 7, 2004

Court Dismisses ICE Lawsuit Against Nymex, But Leaves Key Issue for CFTC to Decide

The New York Mercantile Exchange (Nymex) claimed a legal victory last week after a court dismissed antitrust charges by the Intercontinental Exchange regarding the use of Nymex settlement prices in ICE clearing procedures. But ICE also found something to like in the court decision, which left the key issues for the Commodity Futures Trading Commission (CFTC) to decide.

July 12, 2004

El Paso Ordered to Give Full Credit for Deliveries Interrupted by Scheduled Maintenance

El Paso Natural Gas customers scored a key victory when FERC rejected a tariff proposal that would have allowed the pipeline to credit shippers with only partial reservation charges in the event a scheduled maintenance kept it from delivering natural gas.

December 8, 2003

El Paso Ordered to Give Full Credit for Deliveries Interrupted by Scheduled Maintenance

El Paso Natural Gas customers scored a key victory Friday when FERC rejected a tariff proposal that would have allowed the pipeline to credit shippers with only partial reservation charges in the event a scheduled maintenance prevented it from delivering natural gas.

December 2, 2003

Project Alpha Conviction Considered Significant for Prosecutors

In a significant victory for federal prosecutors who are pursuing other high-profile fraud cases post-Enron, a Houston jury late Thursday convicted former Dynegy Inc. executive Jamie Olis, 37, on six counts of fraud.

November 17, 2003

Emergency Pipe Reconstruction Rule Released by FERC

Interstate natural gas pipelines scored a key victory last Wednesday in a final FERC rule that gives pipes “additional flexibility” to rebuild damaged facilities and restore service following an “emergency interruption,” whether caused deliberately or not.

May 19, 2003