From The Denver Channel LONGMONT, Colo. — The Longmont City Council voted unanimously Tuesday night to move forward on a deal with two oil and gas companies to stop operations within city limits. As part of the deal, the city would pay out $3 million in future mineral rights royalties to the two companies. In return, drilling would stop at eight
Legal process could take a year or more at Colorado high court The Colorado Alliance of Mineral and Royalty Owners (CAMRO) has filed an amicus curiae brief discussing how the desired changes sought out in the Martinez case would affect royalty owners in Colorado. In April the Colorado high court accepted the CAMRO amicus brief. “I am pleased to let
Teachers’ strike impacted bill with threat of higher severance taxes From the Gazette-Mail WHEELING — After a long-awaited “co-tenancy” bill was signed into law, presenters at an oil and gas conference told industry players Wednesday to make sure the industry agrees internally on how to interpret the bill and to flag aspects of it that could cause issue. “There’s going to
Bill would reclassify pipelines as critical infrastructure From Associated Press / Sacramento Bee BATON ROUGE, LA. – A fight over a crude oil pipeline in southern Louisiana has spilled into the Legislature. A proposal to stiffen penalties for damaging or trespassing around pipelines is nearing final passage after winning approval Tuesday from a Senate judicial committee. Rep. Major Thibaut’s bill would
Colorado municipalities follow California and New York over fossil fuel use From Westword Boulder County, the City of Boulder and San Miguel County have filed an environmental lawsuit against two multibillion-dollar oil and gas corporations over climate-change impacts in Colorado. The local governments are asking a Boulder County district court for a jury trial against ExxonMobil and Canada-based Suncor Energy and its
From WVNews Gov. Jim Justice signed an executive order Monday intended to streamline the permitting process for business and industry seeking to set up shop in the Mountain State. “West Virginia has consistently been ranked at or near the bottom amongst all states for our regulatory environment by publications such as Forbes and CNBC,” Justice said in a press release. “This is
From the DailyCamera The Lafayette City Council on Tuesday night gave initial approval to extending by three months a moratorium on the submission or approval of applications for oil and gas operations in city limits. The council unanimously passed an ordinance on first reading to extend the moratorium until Aug. 18. The council will have to pass the ordinance again
The Energy Independence and Security Act of 2007 (EISA) set yearly RFS volume requirements for each renewable fuel category. EPA updates volume requirements each year based on fuel availability. The RFS is a federal program that requires transportation fuel that is sold in the United States to contain a minimum volume of renewable fuels. It’s known as the renewable fuel
From The Department of Energy/Office of Fossil Energy The Department of Energy’s Office of Fossil Energy (FE) announced today the appointment of Shawn Bennett as Deputy Assistant Secretary (DAS) for Oil and Natural Gas. As DAS for Oil and Natural Gas, Mr. Bennett will administer oil and gas programs, including research and development, analysis, and natural gas regulation. Mr. Bennett
From the Christian Science Monitor U.S. district judge in Calif. asks both sides for a ‘climate change tutorial’ It was set up to be the showdown of the century. San Francisco and Oakland, Calif., had filed lawsuits against five of the world’s largest fossil fuel companies seeking damages to cover the costs of mitigating the effects of climate change. And
Diamondback Energy, Inc. (ticker: FANG) produced 102.6 MBOEPD in Q1 2018. This is 10% more than Q4 2017 production volumes of 92.9 MBOEPD. Diamondback is currently running 11 drilling rigs and five dedicated completion crews. Q1 2018 average realized prices were $61.66 per barrel of oil, $2.20 per Mcf of natural gas and $24.64 per barrel of natural gas liquids,
From NZ Herald Prime Minister Jacinda Ardern has banned future offshore oil and gas exploration in New Zealand. The only exploration likely to be contemplated by the new Government is on-shore exploration limited to energy-rich Taranaki. There are more than 30 existing permits for offshore oil and gas exploration and they will remain unaffected by today’s announcement. If those permits
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