Jude Hislop

New Texas power generation drives up ERCOT reserve margins through 2025

News

ERCOT peak demand summer forecast: 70,500 MW plus in 2016 growing to nearly 78,000 MW by 2025 AUSTIN, TX — The updated 10-year Capacity, Demand and Reserves (CDR) report released today by the Electric Reliability Council of Texas (ERCOT) shows a continuing rise in planning reserve margins in coming years, due primarily to the anticipated addition of […]

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Flawed offshore well control rule needs technical fixes – API

News

Rule reflects one-size-fits-all approach that doesn’t recognize variability of operations, engineering specific to each well WASHINGTON, DC – The well control rule proposed by the Bureau of Safety and Environmental Enforcement could increase risk and decrease safety in offshore operations, the American Petroleum Institute (API) told the Senate Committee on Energy and Natural Resources on Tuesday. “The

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Tall City Exploration closes sale agreement worth $803 Million

Energy Financial

Tall City Exploration sold 15,000 acres, 1,400 boepd in Reagan and Crockett Counties, Texas to American Energy in Nov. 2014 MIDLAND, Texas – Tall City Exploration LLC announced today that it has closed an agreement with Moss Creek Resources, LLC to sell substantially all of its exploration and production assets for $803 million. Tall City’s

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Price declines expected to broaden the energy storage market – IHS

News

“The breakdown of system costs, and the future evolution of prices, varies significantly depending on whether the system is configured to provide a high-power or high-energy application,” ENGLEWOOD, Colo. – Commercial energy storage activity is currently consolidated in just a handful of leading regions, but falling system costs will be a major factor enabling broader

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Carbon tax major blow to Alberta’s investment climate

Uncategorized

Alberta no longer has lowest top income tax rate, when federal and provincial or state taxes are combined, among Canadian provinces, US states Troy Media – Recent policy changes have buried the Alberta Advantage. The latest nail in the coffin comes from the provincial government’s new climate change strategy. For many years, Alberta’s strong investment

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Resolute Energy selling Gardendale assets in Midland Basin

Energy Financial

“We believe these transactions have positioned the Company to accelerate development of the attractive opportunities in our property base.” DENVER – Resolute Energy Corporation says it has entered into a definitive agreement to sell its Gardendale assets in the Midland Basin of West Texas to an undisclosed buyer for a purchase price of $177.5 million.

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Chemical Activity Barometer: US economy stabilizing after 3 month decline

News

Chemical Activity Barometer signals average lead of eight months at cycle peaks WASHINGTON – The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), stabilized in November, rising 0.1 per cent following three consecutive months of decline. Oct. data was revised up 0.3 per cent and Sept. by 0.2 percent.

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Questar receives approval to add natural gas properties under Wexpro II agreement

Energy Financial

“Wexpro’s ability to resume drilling in this low-gas-price environment is important in order for it to sustain and grow production…” – Jibson SALT LAKE CITY – Questar has received approval from the Utah and Wyoming public service commissions to include natural gas properties under the Wexpro II Agreement. Regulators also approved changes to the Wexpro cost-of-service model

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