More than 60 members of Congress Tuesday wrote a letter to Interior Secretary Ken Salazar protesting the inclusion of Arctic sales in the federal government’s proposed five-year leasing plan for the Outer Continental Shelf.
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High Prairie Awaits FERC Decision on Dispute over Enbridge Tie-in
High Prairie Pipeline LLC, a wholly-owned subsidiary of Durango, CO-based Saddle Butte Pipeline LLC, expects FERC to act soon on its complaint that Enbridge Energy Ltd. has discriminated against it by denying it an interconnection to deliver oil from the Bakken Shale formation to the market hub at Clearbrook MN, a spokesman said Tuesday (see Shale Daily, June 4).
PA Bill Would Require Real-Time Well, Pipeline Monitoring
A Pennsylvania lawmaker is proposing legislation that would require real-time monitoring of all natural gas wells and pipelines in the state.
EPA’s Jackson Defends Budget Proposal, Fracking Study
Going to bat in support of the Environmental Protection Agency’s (EPA) 2013 budget request of $8.344 billion before the U.S. House Committee on Energy and Commerce Subcommittees on Energy and Power, Environment and the Economy, EPA Administrator Lisa Jackson on Tuesday testified that the proposal focuses “on fulfilling EPA’s core mission of protecting public health and the environment, while making the sacrifices and tough decisions that Americans across the country are making every day.” She said the proposal represents an approximate $105 million trim from current funding levels.
Eagle Ford Is Centerpiece of Rosetta Spending
Rosetta Resources Inc. will be dropping more than 90% of its $640 million 2012 capital budget in the Eagle Ford Shale of South Texas, the Houston-based company said last week.
EQT Prepping Midstream MLP
As promised, EQT Corp. is restructuring its midstream operations to bring in more money for upstream developments in the Marcellus Shale (see Shale Daily, Nov. 1).
Carrizo-Private Equity JV Targeting Utica Shale
A newly formed joint venture (JV) of Carrizo Oil & Gas Inc. and Avista Capital Partners has closed its first acquisition: 15,000 net acres in the Utica Shale in eastern Ohio and northwestern Pennsylvania at an average cost of less than $1,500/acre, Carrizo said. The deal is the second announcement from the company in the same week as it strengthens its finances to plow ahead in the shales.
Obama Orders EPA to Back Off Ozone Standard
President Obama on Friday requested that the Environmental Protection Agency (EPA) withdraw its controversial draft Ozone National Ambient Air Quality Standards, saying he did not support asking state and local governments to begin implementing a new standard that is due to be reconsidered again in less than two years.
Cabot Barred from Drilling in New York Subdivision
In a case pitting a Sullivan County, NY, homeowner against his property owners association (POA), a Sullivan Civil Supreme Court judge has permanently barred Cabot Oil & Gas Corp. from drilling in the residential subdivision, which is located in the Marcellus Shale.
In Response to Oil Shale Growth, Shell Considers Pipe Reversal
With oil production from domestic shale plays growing, a Royal Dutch Shell plc subsidiary is considering a plan to reverse flows on its Houma-to-Houston (Ho-Ho) system, which now runs from Houma, LA, to oil processing facilities east of Houston. Reversing the 22-inch diameter pipeline would enable more than 300,000 b/d of crude to be distributed across the Gulf Coast region, the company said.