Wait

Fayetteville Shale-focused producer Southwestern Energy Co. has decided to wait out low natural gas and oil prices and will cut more rigs and more money, the CEO said Tuesday. The news came after the producer reported that it more than doubled its gas and oil production in 1Q2009 from a year ago.

Fayetteville Shale-focused producer Southwestern Energy Co. has decided to wait out low natural gas and oil prices and will cut more rigs and more money, the CEO said Tuesday. The news came after the producer reported that it more than doubled its gas and oil production in 1Q2009 from a year ago.

A liquefied natural gas (LNG) liquefaction facility planned for Alaska’s North Slope will have to wait for more clarity on the future of competing gas pipeline proposals in the region, the CEO of Fairbanks Natural Gas LLC (FNG) said.

A liquefied natural gas (LNG) liquefaction facility planned for Alaska’s North Slope will have to wait for more clarity on the future of competing gas pipeline proposals in the region, the CEO of Fairbanks Natural Gas LLC (FNG) said.

The nearly two-month wait for the Independence Hub natural gas deepwater production platform in the Gulf of Mexico to come back on-line may be nearing an end as Enterprise Products Partners LP announced last Tuesday it had completed repairs on the associated Independence Trail pipeline.

The nearly two-month wait for the Independence Hub natural gas deepwater production platform in the Gulf of Mexico to come back on-line may be nearing an end as Enterprise Products Partners LP announced Tuesday it has completed repairs on the associated Independence Trail pipeline.

The wait for the Independence Hub natural gas deepwater production platform in the Gulf of Mexico to come back on-line got a little longer last week as Enterprise Products Partners LP announced that it was revising the restart date from “mid-May” to the “first half of June,” provided there are no “unexpected weather issues.”

The wait for the Independence Hub natural gas deepwater production platform in the Gulf of Mexico to come back on-line got a little longer Tuesday night as Enterprise Products Partners LP announced that it was revising the restart date from “mid-May” to the “first half of June,” provided there are no “unexpected weather issues.”

After a long wait and much anticipation, only a month remains until oil and natural gas Lease Sales 206 and 224 in the Gulf of Mexico take place, according to final notices printed in the Federal Register last Wednesday by the Minerals Management Service (MMS).