A proposed $1.2 billion PennEast Pipeline proposed by Tulsa-based Williams Partners L.P. in conjunction with three other firms faces an uphill road after a regional regulatory agency in Pennsylvania indicated this week it wants to carry out an independent review of the project. Williams is in partnership with Cabot Oil and Gas Corp., Piedmont Natural …
Members of the U.S. House Committee on Natural Resources were told this week that proposed new rules governing the flaring and venting of natural gas from wells on federal lands is needed. It’s what they hard from some of those who testified Wednesday during a hearing into the Bureau of Land Management’s Regulatory Overreach into …
Three more energy-related bills have been signed into law by Governor Mary Fallin including one that increases fines and penalties up to $1 million for violations of state pipeline safety laws. House Bill 2444 by Rep. Terry O’Donnell and Sen. Jason Smalley boosts the daily civil penalty from $10,000 to $100,000 and the maximum civil …
Oil futures settled higher Tuesday as traders weighed the prospects for a decline in crude production, according to Bloomberg MarketWatch. The market also awaited the closely watched U.S. Energy Information Administration weekly report on crude supplies due Wednesday. On the New York Mercantile Exchange, June West Texas Intermediate crude added $1.40, or 3.3%, to settle at …
A 10-year agreement has been announced by Plains All American Pipeline, L.P. based in Houston, Texas and Cheniere Energy Partners, L.P. The Pine Prairie Energy Center LL, a subsidiary of Plains All American will provide 8 billion cubic feet of firm natural gas storage to Cheniere beginning in 2018 to serve the storage needs of …
A first for the Barnett Shale in north Texas—-no working gas rigs. The Fort Worth Star Telegram says RigData reported last week the count was “zero” for the field that exists under nearly 24 counties in north Texas. The newspaper reported an editor with RigData was so surprised by the lack of rigs that the …
Two months after a blown-out natural gas well was capped near Los Angeles and nearly half of the 8,000 families evacuated have yet to return. Many have concerns of other leaks while some say they packed up to escape health problems including nausea and nosebleeds and respiratory problems caused by the leak at the SoCalGas …
Seventy Seven Energy Inc. missed analyst expectations on Monday and reported a first-quarter net loss of $59.6 million, or $1.09 a share, as reported by Adam Wilmoth of The Oklahoman. The Oklahoma City-based oil field services company’s first-quarter earnings were down from a net loss of $37.6 million, or 78 cents a share from a …
Oil futures settled lower on Monday, pulling back after a strong rally last week, on signs of rising global production. Kuwait’s crude production is recovering after its recent workers’ strike and output from Iraq has been climbing. Saudi Arabia will reportedly complete its expansion of a major oilfield next month. The country also announced an …
The Oklahoma Energy Resources Board’s annual Well Site Safety day will be Tuesday as children from across the state are educated about the dangers of playing around oil and gas wells. The day will begin with a poster parade and a legislator meet and greet at the State Capitol at 10 a.m. OERB will also …
