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Tag Archives: pipelines

WOGCC cracks down on flaring

flaring

With its string of rejections to flaring requests, the Wyoming Oil and Gas Conservation Commission seems to be sending the state’s oil and gas industry a message to cut back on gas flaring. The most recent of the rejections occurred last week in response to a flaring request from Chesapeake Energy, according to the Star Tribune. The company had asked ...

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Pipelines remain big news

pipeline

With the looming presidential veto of the Keystone XL Pipeline, which would transport gas 1,179 miles from Canada to the Gulf of Mexico, talk of jobs, energy independence and the environment has consumed hours of television airtime and barrels of ink and rolls of paper. In West Virginia, at least four natural gas transmission pipelines are being discussed for development, ...

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Pipelines key to growth in shale industry

pipeline

Natural gas producers struggling with prices that recently hit two-year lows are increasingly looking to pipeline builders for relief. They hope projects such as the Constitution Pipeline and Atlantic Sunrise being built by Tulsa-based Williams Cos. will ease a glut of gas in Appalachia by expanding how much fuel they can deliver to profitable markets. “The infrastructure we build is ...

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NTSB: Systemic flaws in safety oversight of gas pipelines

WASHINGTON (AP) — Three powerful accidents in recent years show systemic weaknesses in how natural gas providers maintain the largest pipelines in their networks, accident investigators said Wednesday as they issued more than two dozen safety recommendations. The National Transportation Safety Board said in the decade since the government set rules for pipeline inspections in “high consequence” areas where an ...

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Energy producers secure funds via master limited partnerships

Low oil and natural gas prices have pummelled shares of energy companies but there is one investment generating a lot of excitement: master limited partnerships. These publicly traded entities allow energy companies to unlock value in their pipeline and storage business while saving millions in taxes. Energy companies utilized a record number of MLPs to raise money selling new shares ...

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The Philadelphia Inquirer Phillydeals column

jobs

Why so slow? Pennsylvania is one of the states where fewer people are working than in 2007. This isn’t quite new. Job growth here has been half the national average for the last 75 years, writes senior economist Mark Vitner and his team at Wells Fargo Securities L.L.C., the investment arm of the Philadelphia area’s dominant bank, in its yearly ...

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EDITORIAL: The high cost of regulatory compliance

Last week the U.S. Department of Labor ordered contractors in the Marcellus shale region to pay nearly $4.5 million to 5,310 workers in back wages for unpaid overtime. According to the department, nearly 160 companies calculated overtime rates incorrectly for some employees, and misclassified other employees as exempt from overtime rules. Government investigators blamed the violations on the structure of ...

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Landowners Association discusses oil impact

cows and land

The Northwest Landowners Association met on Saturday to discuss oil development on their property. The group consists primarily of farmers, ranchers and other landowners from McKenzie, Williams and Mountrail County. The group is concerned about the oil industry’s effect on the soil quality on their property specifically, the growing number of pipelines being constructed in the state. The Forum News Service ...

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Permian oil discounts narrow

The bottleneck of West Texas oil appears to be disappearing, at least judging from the discounts Permian Basin crude producers had to offer in recent weeks to get their oil to market. The price gap between Midland crude and the West Texas Intermediate benchmark set in Cushing, Okla., on Thursday was about $1.50 on the December futures market. That is ...

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Bakken truckers often ‘haul heavy’

bakken trucker

WATFORD CITY, N.D. — The dump truck rumbled over miles of unpaved roads in the hills just east of the Montana border, past the cattle and grain bins and haystacks, before arriving at the dirt pit. Bill Gore slid his truck onto the scale, inched up in line, and made a curving gesture to the man in the front-end loader. ...

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