Unlike many producers today, Vanguard Natural Resources LLC is not necessarily focused on oil and natural gas liquids (NGL)-rich acquisitions. The company has done recent deals for both liquids and dry gas assets, instead focusing on margin and how the properties fit into its structure, CEO Scott Smith said Monday.
The North Dakota Department of Mineral Resources (DMR) has developed a Internet-based mapping tool to help community officials plan for road maintenance, dust control and other traffic-related problems that accompany expanded oil and natural gas development in the Bakken Shale and adjacent formations. The enhanced mapping includes information and locations for "permit status before spud" to provide the pre-drilling status for newly permitted well sites. It provides a new layer to the DMR oil/gas division's GIS mapping system, enabling planners to identify where truck traffic could be most concentrated for a given period. "Users will be able to identify the operator of the rig and or well, as well as possible time frames when permits could be drilled," said Attorney General Wayne Stenehjem. The GIS map server is available at the DMR website as part of the North Dakota Industrial Commission (www.dmr.nd.gov/oilgas).
The Interior Department's Office of Natural Resources Revenue (ONRR) has fined QEP Resources $1.2 million for "knowing or willful maintenance" of inaccurate oil and natural gas royalty and/or production reports on ONRR's financial system.
Excess ethane inventories are being worked off as maintenance at petrochemical facilities is completed. Ethane inventories are expected to decline for the remainder of the year while petrochemical plants operate at high utilization and rely upon ethane as their primary feedstock, Oneok Partners President Terry Spencer said during an earnings conference call last Wednesday.
Excess ethane inventories are being worked off as maintenance at petrochemical facilities is completed. Ethane inventories are expected to decline for the remainder of the year while petrochemical plants operate at high utilization and rely upon ethane as their primary feedstock, Oneok Partners President Terry Spencer said during an earnings conference call Wednesday.
The Interior Department's Office of Natural Resources Revenue (ONRR) has fined Denver-based producer QEP Resources Inc. $1.2 million for the "knowing or willful maintenance" of inaccurate oil and natural gas royalty and/or production reports on ONRR's financial system.
The Ohio House of Representatives overwhelmingly voted in favor of an energy bill that also creates new rules for hydraulic fracturing (fracking) in the state. The bill is to be sent to Gov. John Kasich for his signature.
Pacific Gas and Electric Co.'s (PG&E) four-year, $2.2 billion plan to boost the safety and maintenance of its natural gas pipeline system is being more aggressively defended by executives, who have called for California regulators and major gas utility pipeline operators to work more cooperatively to implement a comprehensive upgrade to the intrastate gas pipeline network.
Pacific Gas and Electric Co.'s (PG&E) four-year, $2.2 billion plan to boost the safety and maintenance of its natural gas pipeline system is being more aggressively defended by executives, who called Tuesday for California regulators and major gas utility pipeline operators to work more cooperatively to implement a comprehensive upgrade to the intrastate gas pipeline network.
Citing unplanned engine maintenance at Buttermilk Compressor Station in its Southwest Gathering Area, ANR said based on high line pressures and current operating conditions it was required to reduce receipt nominations at its CenterPoint interconnect in the area to zero Tuesday through Dec. 10.