York

At the 11th hour Friday, the Commodity Futures Trading Commission granted CME Group, owner of the New York Mercantile Exchange (Nymex), and IntercontinentalExchange (ICE) limited relief until Dec. 31 from the Oct. 12 deadline to register as swap dealers.

At the 11th hour Friday, the Commodity Futures Trading Commission granted CME Group, owner of the New York Mercantile Exchange (Nymex), and IntercontinentalExchange (ICE) limited relief until Dec. 31 from the Oct. 12 deadline to register as swap dealers.

The New York Times (NYT), admonished last year for, among other things, describing the shale gas industry as a “Ponzi” scheme whose future would match that of Enron Corp., continues to focus exclusively on the negative risks of gas drilling and its “institutionalized bias concerns appear to be spreading,” according to a Forbes magazine contributor.

The New York Times (NYT), chastised last year for, among other things, describing the shale gas industry as a “Ponzi” scheme whose future would match that of Enron Corp., continues to focus exclusively on the negative risks of gas drilling and has hyped the research of questionable sources, according to a Forbes magazine contributor.

The New York Times (NYT), chastised last year for, among other things, describing the shale gas industry as a “Ponzi” scheme whose future would match that of Enron Corp., continues to focus exclusively on the negative risks of gas drilling and has hyped the research of questionable sources, according to a Forbes magazine contributor.

The U.S. Court of Appeals for the Fifth Circuit in New Orleans has ruled against Chesapeake Energy Corp. in its bid to reverse a $19.7 million judgment over a canceled oil and gas lease offer in Texas, a decision that may hold implications on canceled lease claims by mineral rights owners in several other states.

The growth potential for natural gas as a transportation fuel is a long-term proposition, according to a report released Tuesday by PIRA Energy Group, a New York City-based energy marketing consulting firm.

Pioneer Drilling Co. has changed its name to Pioneer Energy Services Corp. The company’s common stock will continue to trade on the New York Stock Exchange but will trade under the new ticker PES. Pioneer’s website is now www.pioneeres.com. “Over the last five years, we have transformed Pioneer from a pure-play domestic land contract driller to a diversified energy services provider with operations across the United States and in Colombia,” said CEO Wm. Stacy Locke. “Today, approximately 50% of our revenues and operating margin are derived from our production services segment. We operate 102 well servicing rigs, 117 wireline units, 11 coiled tubing units and an array of fishing and rental tools in addition to our 66 drilling rigs. Our core services are heavily concentrated in the Bakken, Eagle Ford, Permian and along the Gulf Coast, both onshore and offshore. This new name reflects who Pioneer is today.”

Chesapeake Midstream Partners LP has become Access Midstream Partners LP and is trading under the ticker ACMP on the New York Stock Exchange. A new website, www.accessmidstream.com, also was launched. In June Global Infrastructure Partners acquired the midstream partnership from Chesapeake Energy Corp. (see Daily GPI, July 3). New board members CEO J. Mike Stice, COO Robert S. Purgason and GIP principal William J. Brilliant join David A. Daberko, Domenic J. Dell’Osso Jr., Philip L. Frederickson, Matthew C. Harris, Suedeen G. Kelly and William A. Woodburn.