Texaco Finds Second Natural Gas Source Off New Jersey
Texaco Inc reports a second gas discovery at the Baltimore Canyon prospect 100 miles off New Jersey. The well shows 13,000 feet depth with gas flow at 9.4 million cubic feet daily and carries about 10 gallons of liquid petroleum per million cubic feet, later clarified as condensed natural gas formed on surface cooling.
MENTIONED IN THIS ARTICLE
New York
Texaco Inc
Baltimore Canyon
New Jersey
Texaco
J.S. Hiltunen
Hiltunen
Exxon Charged with Pricing Violations by Energy Department
The Energy Department alleges ExxonCo USA may have violated federal pricing rules in three cases totaling over 40 million dollars. Exxon rejects the claims, saying the department retroactively changes rules and that octane adjustments were properly priced. The agency seeks formal replies before action, while Exxon vows to challenge the allegations in administrative or legal venues.
MENTIONED IN THIS ARTICLE
Washington
Energy Department
Exxon Co
USA
Houston
Exxon
C.R. Sitter
O.L. Luper
Luper
DOE
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