Regulatory

Source: basicenergyservices.com

Basic Energy Services announces move to OTCQX® best market

Oil and Gas 360


Basic Energy Services, Inc. – FORT WORTH, Texas- (OTCQX: BASX) (“Basic” or the “Company”) today announced that the shares of the Company’s common stock began trading on the OTCQX® Best Market tier of the OTC Markets …

December 3, 2019 - 1:30 pm Closing Bell Story‎, Energy News, Regulatory
Photo: Mayra Beltran

Exxon blasts N.Y. for walking back claims at end of trial

Houston Chronicle


The New York attorney general’s office dropped its claim that Exxon Mobil Corp. intentionally misled investors about how it accounts for the financial risks of climate change, significantly diminishing the state’s case in the last minutes of a …

Feds order Keystone pipeline shut until corrective actions taken

Feds order Keystone pipeline shut until corrective actions taken

Federal regulators have ordered that the portion of the Keystone pipeline that began leaking last week stay shut down until further notice.

The pipeline, which has leaked more than 383,000 gallons of oil in a field near Edinburg, N.D., has …

November 7, 2019 - 9:30 am Closing Bell Story‎, Midstream, Regulatory
New Mexico accuses Permian Basin oil and gas operators of violating state air quality laws

New Mexico accuses Permian Basin oil and gas operators of violating state air quality laws

Two Permian Basin oil and gas operators were issued violation notices by the New Mexico Environment Department for alleged violations of state and federal air quality standards.

New Mexico accuses Permian Basin oil and gas operators of violating state air quality laws - oil and gas 360

Matador Resources and Mewbourne Oil Company were both issued notices of violation (NOVs) …

Langtry Meyer, Chief Operating Officer with Texas LNG Vivek Chandra , CEO of Texas LNG and William S. Garner, Jr. with Greenberg Traurig in Houston, TX on Friday, October 16, 2015.
Photo: Thomas B. Shea

Texas LNG to face three opponents in contested case hearing

Source: Houston Chronicle


Houston liquefied natural gas company Texas LNG will face three opponents in an upcoming hearing to obtain a state air pollution permit and build an export terminal at the Port of Brownsville.

The State Office of Administrative …

September 27, 2019 - 10:15 am Closing Bell Story‎, LNG, Regulatory
Minnesota court rejects challenges to Enbridge Line 3 pipeline approval

Minnesota court rejects challenges to Enbridge Line 3 pipeline approval

Source: Reuters


The Minnesota Supreme Court on Tuesday declined to hear environmental and tribal challenges to Enbridge Inc’s Line 3 oil pipeline, a decision that removes one potential obstacle for the already-delayed project.

It means the Minnesota Public Utilities Commission, …

September 17, 2019 - 3:30 pm Closing Bell Story‎, Midstream, Regulatory
Source: KDRV

Adams County approves new oil and gas regulations after 6-month moratorium on new development

KDRV 


After a six-month moratorium on new oil and gas applications, Adams County Commissioners voted to approve updated oil and gas regulations Tuesday afternoon, which include the addition of 1,000-foot setbacks from occupied buildings.

The goal of the regulations, according …

Source: SEACOR

Galveston Company Enters Race to Supply IMO 2020 Fuels

From The Houston Chronicle


With a massive shift in the marine fuel market just months away from implementation, a Galveston fuel storage operator says it plans to operate a 50,000 barrel a day crude processing facility to meet new stricter …

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

From Reuters


Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network.

Canadian Natural’s letter …

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

From CNBC


Colorado has become the 11th state to adopt California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state.

The new rule was passed by Colorado’s air-quality commission by a vote of 8 to 1 on …

Source: Keystone-XL

Court Affirms Alternative Keystone XL Oil Pipeline Route Through Nebraska

From Reuters


A court in Nebraska on Friday affirmed an alternative route through the Midwest state for TC Energy Corp’s Keystone XL oil pipeline in the latest chapter in the nearly 10-year legal fight over the Canada to Texas pipeline.…

MEG Energy Clashes with Enbridge Over Sweeping Changes to Mainline Pipeline

MEG Energy Clashes with Enbridge Over Sweeping Changes to Mainline Pipeline

From The Calgary Herald


A war of words between oil companies and their main pipeline provider Enbridge Inc. is expected to break out amid sweeping changes to Canada’s biggest oil export pipeline network at a time of tight takeaway capacity.…

U.S. Oil Firms Challenge Pipeline Surcharge for Steel Tariff: Filing

U.S. Oil Firms Challenge Pipeline Surcharge for Steel Tariff: Filing

From Reuters


Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs.

The United States imposed tariffs on imported …

Gov. Gavin Newsom Fires Top Official Over Fracking Permits — But Won’t Ban the Oil Wells

Gov. Gavin Newsom Fires Top Official Over Fracking Permits — But Won’t Ban the Oil Wells

 From Los Angeles Times


Gov. Gavin Newsom on Friday defended firing California’s top oil industry regulator for issuing too many hydraulic fracturing permits, but offered no details on whether he plans to ban or limit the oil extraction process in

July 18, 2019 - 6:00 am Closing Bell Story‎, Energy News, Regulatory
Colorado: Aurora City Council Approves Operator Agreement with ConocoPhillips for 300-Well Development

Colorado: Aurora City Council Approves Operator Agreement with ConocoPhillips for 300-Well Development

By Bevo Beaven, Editor, Oil & Gas 360

Local control in Colorado: one city works out strict health, safety, environmental controls for oil and gas operators; lands in environmental movement crosshairs anyway
Adjacent to Denver’s eastern border, the city of

Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

Colorado: Weld County Just Created its Own Oil & Gas Department

The Weld County oil & gas department will open August 5
Weld Commissioners say the action "solidifies their commitment of preserving oil and gas production in the county”
By Bevo Beaven, Editor, Oil & Gas 360
In the wake of

Source: Alaska Gasline Development Corporation

Draft EIS Released for $43 Billion Alaska LNG Project

By Tyler Losier, Energy Reporter, Oil & Gas 360

Alaska Gasline Development Corporation receives FERC input for large proposed gas export project
Last Friday, the Federal Energy Regulatory Commission (FERC) published its draft environmental impact statement (EIS) for Alaska Gasline

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020

Temporary moratorium on applications for new oil and gas development and seismic testing – public hearing scheduled for July 16 to determine if moratorium will be extended
By Bevo Beaven, Editor, Oil & Gas 360
Some of Colorado’s local governments

Colorado: COGCC Can’t Use ALJs to Help with 6,300 Drilling Permit Applications

Colorado: COGCC Can’t Use ALJs to Help with 6,300 Drilling Permit Applications

From the  Denver Business Journal

Colorado law has emerged as a surprise obstacle to state regulators hiring administrative law judges to help make decisions about permits for drilling new oil and gas wells.

The Colorado Oil and Gas Conservation Commission …

Wattenberg Field: Weld County Pounces on Local Control in Wake of Colorado’s New Oil and Gas Law

Wattenberg Field: Weld County Pounces on Local Control in Wake of Colorado’s New Oil and Gas Law

Weld commissioners unanimously designate county as oil and gas local-control county

From the Denver Post

GREELEY — Weld County is letting it be known that there’s more than one way to interpret Senate Bill 181 — Colorado’s sweeping oil and

Interior Secretary Postpones Oil Leasing Near New Mexico Tribal Lands

Interior Secretary Postpones Oil Leasing Near New Mexico Tribal Lands

By Associated Press/New York Post

ALBUQUERQUE, NM — U.S. Interior Secretary David Bernhardt has agreed to put off oil and gas leasing for a year on land that Native Americans consider sacred surrounding Chaco Culture National Historical Park in northwestern …

Colorado Won’t Halt Drilling as it Refocuses Rules on Safety

Colorado Won’t Halt Drilling as it Refocuses Rules on Safety

From AP/Fox31

DENVER — Colorado officials said Tuesday that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority.

Dan Gibbs, …

Colorado Oil Regulator COGCC Updates Criteria that Could Delay Permits

Colorado Oil Regulator COGCC Updates Criteria that Could Delay Permits

Colorado's energy bill allows COGCC director to delay permits under these conditions
On May 16, 2019, Colorado Oil and Gas Conservation Commission (COGCC) Director Jeff Robbins published updates to a list of conditions called the "Director’s Objective Criteria."

The Director’s

COGCC Logo

Colorado Governor Appoints Brand New Colorado Oil and Gas Conservation Commission

At first meeting new COGCC will consider SRC Energy’s Comprehensive Drilling Plan for Weld County
Colorado’s new governor, Jared Polis (D-Boulder), announced his appointments who will take over as new Colorado Oil and Gas Conservation Commissioners effective today. The group

Tamarack Valley Energy CEO Brian Schmidt Discusses Ramping his Company’s Waterflood on a Billion-Barrel Oilfield

Tamarack Valley Energy CEO Brian Schmidt Discusses Ramping his Company’s Waterflood on a Billion-Barrel Oilfield

Canada’s curtailments, Cardium’s surprise: Tamarack Valley drills a record lateral for Western Canada

Tamarack Valley Energy (stock ticker: TVE, $TVE) is a Canadian exploration and production company with strong economics and a few nice surprises in Q1 2019. The company’s …

Canadian Senate Committee Nixes Oil Tanker Moratorium Act that would Prevent Energy Exports from B.C.

Canadian Senate Committee Nixes Oil Tanker Moratorium Act that would Prevent Energy Exports from B.C.

The Senate Standing Committee on Transportation last night voted to defeat Bill C-48, the Oil Tanker Moratorium Act.

“Bill C-48 would do virtually nothing to address legitimate marine safety concerns of local communities regarding thousands of cruise ships, fueling …

Colorado Energy Bill: Weld County Board of Commissioners Moves to Take Full Control of Oil & Gas Permitting from the State

Colorado Energy Bill: Weld County Board of Commissioners Moves to Take Full Control of Oil & Gas Permitting from the State

County that's home to the Wattenberg field takes "first step to ensure our future and a robust economy”
Weld County is the number one producer of oil and gas in Colorado. The county reports that 89% of all crude oil

North Dakota to Sue Washington State Over Oil Standard for Rail Shipments

North Dakota to Sue Washington State Over Oil Standard for Rail Shipments

From the Associated Press/O.Canada.com

BISMARCK, N.D. — North Dakota is preparing to sue Washington state over a new Washington law requiring oil shipped by rail through that state to have more of its volatile gases removed, which supporters say would …

May 10, 2019 - 7:28 am Closing Bell Story‎, Energy News, Regulatory
WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

Drilling, Revenues from Federal Onshore Lands in an Upswing: 1,919 wells Spud in FY ’18 is 1,000 Higher than FY 2016

With smallest acreage in history, U.S. government nets record oil and gas onshore revenues of $1.1 billion

Fiscal Year 2018 was a record year for onshore oil and gas revenues on public lands due in large part to more streamlined …

Source: University of Colorado

Colorado Energy Bill Results in Crestone Peak’s Comprehensive Drilling Plan Hearing Being Tabled by the COGCC

SB 19-181 lands Crestone Peak CDP on Director’s Objective Criteria list – i.e. drilling plan red flagged to provide additional time to evaluate; all deadlines, prehearing conferences and the hearing on Crestone CDP are vacated
Boulder County Board of County