Wattenberg

Noble Sheds Liquids-Weighted Permian Assets

Noble Energy Inc. is selling oil and natural gas properties in the Permian Basin to privately held Sheridan Holding Co. II LLC of Houston for $320 million as part of an ongoing divestiture plan, the company said Tuesday.

July 25, 2012

Industry Briefs

FERC upheld its March decision on remand in which it disclaimedjurisdiction over a four-mile, six-inch line of KN WattenbergTransmission LLC that serves two industrial customers in FortMorgan, CO. The Commission asserted jurisdiction over the lateralin a November 1997 ruling, but the U.S. Court of Appeals for theTenth Circuit remanded the decision two years later. Last March,FERC vacated its controversial decision upon acknowledging that theline met the qualifications for a Hinshaw exemption and, therefore,was subject to regulation by the Colorado Public UtilitiesCommission.

October 16, 2000
1 2 3 Next ›