Forty companies will be awaiting the news early Wednesday when the Minerals Management Service (MMS) unveils the winning bids in its Western Gulf of Mexico (GOM) Lease Sale 204. There were 358 bids on 282 tracks up for lease.
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GOM’s Deepwater Likely to Attract Record Bids in Coming Lease Sales
With nearly 600 deepwater Gulf of Mexico (GOM) blocks possibly up for bid in the next two U.S. Interior Department’s Minerals Management Services (MMS) lease sales, the winning bids could fetch a total of $1 billion, more than the region has attracted in a decade, according to an analysis by energy consultant Wood Mackenzie.
GOM’s Deepwater Likely to Attract Record Bids in Coming Lease Sales
With nearly 600 deepwater Gulf of Mexico (GOM) blocks possibly up for bid in the next two U.S. Interior Department’s Minerals Management Services (MMS) lease sales, the winning bids could fetch a total of $1 billion, more than the region attracted in a decade, according to an analysis by energy consultant Wood Mackenzie.
License in Hand, Northeast Gateway LNG Likely in Service by ‘Year’s End’
Winning a key approval that will allow construction of the first new liquefied natural gas (LNG) importation facility to serve the East Coast in more than 25 years, Northeast Gateway Energy Bridge LLC, a subsidiary of The Woodlands, TX-based Excelerate Energy LLC, said last week that it has received its deepwater port license from the United States Maritime Administration (MARAD) for the company’s proposed facility to be located 18 miles east of Boston.
License in Hand, Northeast Gateway LNG Likely in Service by ‘Year’s End’
Winning a key approval that will allow construction of the first new liquefied natural gas (LNG) importation facility to serve the East Coast in more than 25 years, Northeast Gateway Energy Bridge LLC, a subsidiary of The Woodlands, TX-based Excelerate Energy LLC, said late Monday it has received its deepwater port license from the United States Maritime Administration (MARAD) for the company’s proposed facility to be located 18 miles east of Boston.
NGI The Weekly Gas Market Report
Party That Fixes Energy Wins, Says VA Sen. Wagner
As his own state creeps toward allowing drilling off its shores, Sen. Frank Wagner (R-VA) called the nation’s energy woes a “winning issue” for politicians seeking to curry favor with voters.
Energy Is Hot Button Election Issue, Says VA Sen. Wagner
As his own state creeps toward allowing drilling off its shores, Sen. Frank Wagner (R-VA) called the nation’s energy woes a “winning issue” for politicians seeking to curry favor with voters.
MMS Sells 195,000 MMBtu/d of Royalty Gas to Chevron, Sequent, BP
Chevron Natural Gas, Sequent Energy Management LP and BP Energy Co. were the winning bidders in the Minerals Management Service’s most recent Gulf of Mexico royalty gas auction. More than 195,000 MMBtu/d of royalty gas was sold under five and 12-month terms starting Nov. 1.
WA Governor Shakes Up State Regulatory Commission
After winning by the barest of margins in an election that was disputed for weeks, Washington state’s new Gov. Christine Gregoire earlier this month shook up the three-member state Utilities and Transportation Commission (UTC) by appointing two new commissioners, including a new chairperson, to six-year terms. The move pushes the current UTC chairperson, Marilyn Showalter, out of the job she has held for the past four years.
Detroit Seeks Bids for Delivery of 6 Bcf of Gas
The city of Detroit is seeking bids for delivery of 6 Bcf of natural gas on an annual basis to the citygate of MichCon Gas Co., one of the nation’s largest distributors and subsidiary of DTE Energy Co.