Association

The Interstate Natural Gas Association of America (INGAA) saidmember companies plan to complete their Year 2000 (Y2K) computeranalysis, modification and testing by October and will havecontingencies in place should the new millennium bring problems.

Given the level of opposition south of the border, theInterstate Natural Gas Association of America (INGAA) said itsplans to forego for the next couple of years its efforts topersuade Mexico to lift its tariff on natural gas.

The American Gas Association(AGA) predicts additions to domesticproved gas reserves last year will come out between 96% and 120% ofproduction. “The indication of strong 1997 reserves replacementcomes at a time when long-term natural gas growth is expected toreach 30 Tcf by 2015,” said Chris McGill, director of gas supplyand statistics at AGA. “To meet the requirements of robust growthin gas markets, annual additions to gas reserves through drillingmust also remain strong, balancing new sources of natural gas withdomestic production each year.”

The Independent Petroleum Association (IPAA) has filed a lawsuitagainst the Department of the Interior, claiming that through a newnatural gas royalty regulation DOI’s Minerals Management Service iscollecting a larger share of royalties than it is entitled to.

Rebecca McDonald, president and CEO of Amoco Energy Development,was named the 1998-1999 chairman of the Natural Gas SupplyAssociation last week. J. Larry Nichols, president of Devon EnergyCorp., was selected as vice chairman; Richard J. Sharples, vicepresident of marketing for Anadarko Petroleum, was madesecretary/treasurer.