BP warns of higher costs from Gulf spill settlement
BP said its $7.8 billion plus settlement may rise as business claims have been paid at higher averages and unresolved claims depend on a federal judge ruling. Judge Barbier upheld claim administrator Juneau's method for calculating pre and post spill revenue and expenses, rejecting BP's view and signaling potential windfalls to claimants.
MENTIONED IN THIS ARTICLE
New Orleans
Gulf of Mexico
BP PLC
U.S
Carl Barbier
Barbier
Patrick Juneau
Juneau
Gulf States
Geoff Morrell BP spokesman comments on windfall payments
A BP spokesman Geoff Morrell argues that the company’s approach has produced unjustified windfall payments to numerous business claimants, warning of the financial impact and seeking review or reform.
MENTIONED IN THIS ARTICLE
Geoff Morrell
Juneau
Morrell
Barbier
Permian Basin Drilling Report Feb 28 to March 6
Texas Railroad Commission approves numerous permits across districts 70 8 and 8A for a wide mix of operators including Adventure Exploration Partners II Appleton and University Devonian 48 in Crane Ward and surrounding counties. New drill and recompletion actions listed with leaseholds and unit names such as Glasscock Howard Andrews Reagan Upton Reeves and others. The report catalogs action by operator leasehold location and drill type with parenthetical permit counts.
MENTIONED IN THIS ARTICLE
Texas Railroad Commission
Adventure Exploration Partners II LLC
Brunson
Glasscock
New
Apache Corporation
Anderson
Howard
New Drill
Ballenger
Scott Sugg
Irion
Lumberjack
Hartley
Halfmann
Barracuda
Crabcooker
Sugg
Griffin Ranch
University Devonian
Crane
Approach Operating LLC
Pangea West
Crockett
Athlon Energy Operating LLC
Davidson
Midland
Athlon Fe Operating LLC
Hart
Lawson
Sneed
Atlantic Exploration LLC
Allar-Marston
Ward
Banner Operating LLC
Devon
Tom Green
Basic Energy Services LP
Reeves
Ah’ Fee
Reenter
Berry Oil Comp
Talon
Gardendale
Ector
Trd
Big Star Oil & Gas LLC
Connell
Burdine
Martin
Beall
Brown, Geo. A Partnership LP
Barbara
Andrews
Comstock Oil & Gas LP
Monroe
ConocoPhillips Company
Millard C
Ramsey
CrownQuest Operating LLC
Snider
Hatch
Valeria
Cora
Knott Shaw
Custer & Wright Operating Inc
Phil
Crosby
Wheeler
Devon Energy Production Co. LP
Orellana
Wilkesboro
STW
Eagle Energy Acquisitions LP
Holt
Eagle Rock Operating Company LLC
American National Life Ins Co
Richter, Louis
Endeavor Energy Resources LP
Kiser
University AH
Upton
Enduring Resources LLC
Ham
Reagan
Energen Resources Corporation
Mitchell
Brennand
Benton
H.D
Jackson
Schuelke
Ener
Forge Energy LLC
Earlene Fisher
Griffin Petroleum Company
Leslie
Pecos
Ridge
Sity
Hunt Oil Company
Friulane
Kinder Morgan Production Co. LLC
Sacroc
Scurry
Laredo Petroleum - Dallas Inc
Sugg-C
Barbee-F
Holt E
Laredo Petroleum Inc
Calverley
Lynda
Legacy Reserves Operating LP
Donovan
G. N
Lime Rock Resources II
Gaines
Magellan Pipeline Company LP
McDonnald Operating Inc
Silver Spike Ltd
Merrill Operating LLC
Ponderosa Canyon
MexTex Operating Company
FT Terrett Ranch
Canyon
LM/U
Sutton
Nordan Oil & Gas Corporation
John A. Powell
Menard
Occidental Permian Ltd
Sealy Smith Foundation
Cowden Jars
Goldsmith-Landreth
OGX Operating LLC
Petro Grande
Winkler
Olsen Energy Inc
Millar
Et al
OXY USA Inc
Norman A. Gaines
University Carrie
Collie B. Reeves
Adobe, Ward
OXY USA Wtp LP
Harper Devonian
Hellcat
Sharon Ridge Canyon
Lyda 9
P.O. & G. Operating LLC
Near
Parsley Energy Operations LLC
Main
Jrs Farms
Ratliff
Elaine
Dusek
Morrison
Petrohawk Operating Company
State
Horseshoe Springs
Culberson
Petroplex Energy Inc
Pioneer Natural Resources USA Inc
Wells
Rocker
Robb ‘A
University
Mabee Foundation
Donald L Hutt
Midland New Drill
Robbins
XBC Giddings
University 132
Red Willow Production LLC
Key
Borden
Rocker A Operating Company
McCrary
Garza
Slaughter
A. A. Estate
Hockley
Roff Operating Company LLC
Garrett Trust
Mabee Breedlove
Royalty Land & Development Co., Inc
Doralee
RSP Permian LLC
Cross Bar Ranch
Haag ‘B
Saga Petroleum LLC
Colorado
Williamson
J.M
SandRidge Exploration and Production LLC
Fuhrman B. Andrews
Sharp Image Energy Inc
Vincent East
Socorro Exploration Inc
Natham Tubb
Southwest Royalties Inc
Lindley
Summit Petroleum LLC
Campbell
Cody M
Abbie Laine
Bettye Jo
Tabula Rasa Energy LLC
Seminole
East
San Andres
Games
Texas Ltd Co., Inc
G Bar S
Sterling
Texland Petroleum LP
Grogan
North
Whiting Oil and Gas Corporation
Sealy-Smith Foundation
Wilbanks Reserve Corporation
ODC
Unit
Williams Oil Company
Harris C. Schleicher
Yucca Energy Inc
Matador University
Brahaney University
U S Rig Count Falls to 1752 This Week
Baker Hughes reports U S rigs actively exploring oil and gas fell by five to 1752. Of the total 1341 oil and 407 gas rigs, four were miscellaneous. California gained five rigs. Alaska, Colorado, Louisiana up two. New Mexico and North Dakota up one. Oklahoma down seven. Texas down six. Arkansas and Pennsylvania down two. West Virginia and Wyoming unchanged. Rig count peaked at 4530 in 1981 and bottomed at 488 in 1999.
MENTIONED IN THIS ARTICLE
Houston
Baker Hughes Inc
U.S
Baker Hughes
California
Alaska
Colorado
Louisiana
New Mexico
North Dakota
Oklahoma
Texas
Arkansas
Pennsylvania
West Virginia
Wyoming
Nevada
Alabama
New York
Ohio
Oregon
South Dakota
Arizona
Tennessee
South Central
Middle
Upper
Florida
Lower
Northeast
Far N.E
N. Central
Georgia
Central
Hawaii
Far West
Idaho
West
Illinois
North
Panhandle
Indiana
Kansas
Kentucky
Utah
N. Louisiana
Virginia
S. Louisiana
Washington State
Wisconsin
Maryland
United States
Canada
Michigan
Mississippi
Montana
Nebraska
Web
West Texas
West Texas Spor
AT&T reaches tentative nationwide union agreement
AT&T Mobility has reached a tentative four year contract with a union representing more than 20,000 workers. The deal includes wage increases each year and preserves pensions and retirement plans for all employees. Health care and other benefits will be bargained separately.
MENTIONED IN THIS ARTICLE
Dallas At&t Mobility
Also Mentioned on This Page
Gerald Herbert AP
National Audubon Institute
The
Gulf Restoration Network
BP Global
Tinyurl
Permian Basin Drilling Report
Owen-Chalk, Howard
Crossfoot Operating LLC
Wolcott, Juliette
Martin, New Drill
Railroad Commission
Associated Press
At&t
Ilfield
Mec
Odessa
Hobbs
Keith Logan
Chapman Associates
wydh @chapman
USA
OAC Reres
Precision Pressure - Data, Inc
Slickline Services