Posts Tagged ‘natural gas’

Company agrees to pay outstanding gas bill of former casino

VICKSBURG — Bally Technologies Inc. and the city of Vicksburg have agreed on a payment for the almost five years the city under-billed the former Rainbow Casino for natural gas service from 2005 to 2010. The Vicksburg Post reports Bally will pay the city $175,000, about 46 percent less than the $378,234 the city said […] [...]

Texas company buys Tuscaloosa Marine Shale leases

SOUTHWEST MISSISSIPPI — Comstock Resources is leasing 53,000 acres in Louisiana and Mississippi to look for oil. The company, based in Frisco, Texas, is paying $54.5 million for the leases. They cover parts of the Tuscaloosa Marine Shale formation in Mississippi’s Wilkinson and Amite counties and Louisiana’s East Feliciana and St. Helena parishes. Comstock says […] [...]

Atmos releases results, gives 2014 earnings guidance

DALLAS — Atmos Energy Corporation (NYSE: ATO) has released its consolidated results for its 2013 fiscal year and fourth quarter ended Sept. 30. Fiscal 2013 consolidated net income, excluding net unrealized margins and a gain on sale, was $232.6 million, or $2.53 per diluted share, compared with consolidated net income of $211.4 million, or $2.31 per […] [...]

City signs contract for emergency gas supply

VICKSBURG — Vicksburg Public Works director Garnet Van Norman says a new agreement between the City of Vicksburg and Southern Natural Gas Co. gives the city an alternate source of natural gas in case of emergency. The Board of Aldermen authorized Mayor George Flaggs Jr. to sign the agreement with the Birmingham-based gas service provider. […] [...]

County to begin enforcing oil/gas field fencing, signage ordinance

HATTIESBURG — Forrest County is soon to begin enforcing a fencing and signage ordinance for local oil and gas fields that was contested and affirmed by the Mississippi Supreme Court earlier this year. Sheriff Billy McGee tells The Hattiesburg American his deputies likely will begin enforcing the ordinance this week after briefings on the ordinance’s […] [...]

Callon Petroleum selling Gulf asset for $100M

NATCHEZ — W&T Offshore Inc. plans to buy Callon Petroleum Co.’s shares of Gulf of Mexico oil and gas fields for $100 million. Callon announced the sale Thursday. It’s supposed to close by Nov. 30. Houston-based W&T will buy a 15 percent share of the Medusa field, which produces about 1,000 barrels of oil per […] [...]

After drilling issues, Goodrich pumping oil in Tuscaloosa Marine Shale

WILKINSON COUNTY — Goodrich Petroleum Corporation of Houston, Texas, has completed its CMR-Foster Creek 20-7H-1 well in the Tuscaloosa Marine Shale in Wilkinson County. According to the company, the well was successfully drilled with a 6,200 foot lateral and fracture stimulated with 23 stages but encountered completion issues while drilling out the frac plugs with […] [...]

Lawyers: BP lied and withheld information about oil spill

NEW ORLEANS — BP lied to the U.S. government and withheld information about the amount of oil spilling into the Gulf of Mexico after its well blew out in 2010, attorneys told a judge today. But lawyers for the London-based oil giant denied those accusations and said there was no way to prepare for such […] [...]

Gas utility to build pipelines to industrial parks

EAST MISSISSIPPI — Atmos Energy will begin construction of 23 miles of natural gas pipelines next year to three industrial parks in East Mississippi. The company and Central District Public Service Commissioner Lynn Posey made the announcement yesterday in Meridian. The three industrial sites that will receive the pipeline service are the Sonny Montgomery Industrial […] [...]

Workers complete debris removal from blown out Gulf gas well

GULF OF MEXICO — Federal regulators say workers have finished removing debris from the wellhead of a gas well that blew out in the Gulf of Mexico last month off the coast of Louisiana. The Bureau of Safety and Environmental Enforcement said yesterday that it has approved plans to send a camera down the wellbore […] [...]

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