Showing posts with label Piceance Basin. Show all posts
Showing posts with label Piceance Basin. Show all posts

Tuesday, August 17, 2010

Piceance Basin: Ruby Pipeline

By Andrea: http://oilshalegas.com

The Federal Energy Regulatory Commission approved construction of the Ruby Pipeline, which will give Piceance Basin energy companies access to West Coast markets. The pipeline was licensed in April and began construction in various areas on Saturday, July 31. The pipeline will carry an approximate 1.5 billion cubic feet of natural gas per day, running from Opal, Wyoming to Main, Oregon.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com



Drilling Permits: Piceance Basin

By Andrea: http://oilshalegas.com

Officials announced on August 13, that they plan to issue 6,500 permits to drill in the Piceance Basin located in northwest Colorado this year. “We continue to have a pretty consistent high level of activity at this point,” Thom Kerr, permitting manager for the Colorado Oil and Gas Conservation Commission, said during a meeting of the commission. This is the second highest number of permits ever listed in the state of Colorado.

Full story here: http://www.gjsentinel.com/news/articles/drilling_rig_numbers_start_to/

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Williams Companies (WMB): Piceance Basin

By Andrea: http://oilshalegas.com

Williams Companies (WMB) is currently running 12 rigs in the Piceance Basin and they plan to add at least one more rig by the end of 2010. They plan to see production increase by 12% in 2011 and by 16% in 2012. The company currently accounts for more than 1/3 of the drilling in the Piceance Basin and has the largest stake in the Piceance Basin, followed by EnCana Corp. (ECA) who currently operates 7 rigs in the Piceance Basin.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com