Added

Southern California Gas Co. agreed Wednesday to provide up to 30MMcf/d to its Northern California gas utility counterpart, PacificGas & Electric, as long as unpaid balances never exceed $16.5million for the supplies. The deal runs through March 31 this year.

After the recent successful completion of an open season on anadded 124,5000 Dth/d of firm transportation capacity intoCalifornia along its 922-mile interstate pipeline, Williams’subsidiary Kern River Gas Transmission will announce another openseason this week, perhaps as early as today for additional newcapacity on the pipeline carrying Rocky Mountain supplies fromsouthwest Wyoming, a Salt Lake City-based Kern River spokespersonsaid Tuesday.

After the recent successful completion of an open season on anadded 124,5000 Dth/d of firm transportation capacity intoCalifornia along its 922-mile interstate pipeline, Williams’subsidiary Kern River Gas Transmission will announce another openseason this week, perhaps as early as today for additional newcapacity on the pipeline carrying Rocky Mountain supplies fromsouthwest Wyoming, a Salt Lake City-based Kern River spokespersonsaid Tuesday.

Houston-based Pogo Producing Co. added to its natural gas assetbase last week, announcing it will acquire cross-town rival NoricCorp. for $750 million in cash and debt, upping its reserve base by63% and increasing its projected annual 2000 production by 35% —with most of the new assets in natural gas fields in Texas,Louisiana and the Rocky Mountains. Noric is the parent corporationof North Central Oil Corp.

Retiring House Ways and Means Committee Chairman Bill Archer(R-TX) last week would neither confirm nor deny whether he wouldaccept the post of Energy Secretary in a Republican administration,if Texas Gov. George W. Bush ultimately is declared the nextpresident.

Calpine Corp. added 700 MW of New England power generation toits portfolio on Friday by purchasing assets from Dartmouth,MA-based Energy Management Inc. (EMI) for $145 million and theassumption of about $220 million of project financing.

Distrigas of Massachusetts (DOMAC) has filed with the FederalEnergy Regulatory Commission to construct four new high-poweredvaporizers to deliver 280 MMBtu/d of regassified LNG to a new1,550 MW Mystic Station power plant to be built by Sithe Industriesin Everett, MA. (CP00-447).

Distrigas of Massachusetts (DOMAC) has filed with the FederalEnergy Regulatory Commission to construct four new high-poweredvaporizers to deliver 280 MMBtu/d of regassified LNG to a new1,550 MW Mystic Station power plant to be built by Sithe Industriesin Everett, MA. (CP00-447).

The chairman and CEO of Houston-based Cabot Oil & Gas Corp.yesterday said his company had added “credibility to our southLouisiana exploration effort” by successfully completing its firstoperated exploration well on the Continental Land & Fur(CL&F) acreage in Terrebonne Parish, LA. Ray Seegmiller praisedthe success of the well, located on Cabot’s Augen prospect. TheCL&F No. 58-2 well drilled to a total depth of 13,100 feet andcompleted in 63 net feet of Bourg Sand. “We knew when we started2000 our drilling program in the Gulf Coast had significantpotential as evidenced by this most recent discovery,” Seegmillersaid.