KeySpan, Houston Exploration in Joint Venture

Attempting to gain access to a potentially plentiful Gulf ofMexico gas supply, KeySpan Exploration & Production announcedTuesday it agreed with Houston Exploration Co. to jointly drill anddevelop 55 leases in the Gulf’s outer continental shelf. The $300million agreement has an effective date of Jan. 1, 1999.

March 17, 1999

SoCalGas to Expand Online Retail Energy System

Attempting to reach energy consumers on both coasts, SouthernCalifornia Gas Co. said Thursday it hopes to offer its Internetmarketplace to customers in New York, Massachusetts, Illinois,Pennsylvania, and Georgia in the very near future. The expansionwas announced as part of the formal launching of power trading onthe company’s energy market web site,

January 25, 1999

Leviathan Becomes an El Paso GOM Gatherer

Attempting to consolidate its offshore pipeline assets under onecompany, El Paso Energy Corp.’s El Paso Field Services sold itsinterest in an offshore gathering system to Leviathan Gas PipelinePartners L.P. for $85.26 million in cash and stock exchanges. ElPaso will receive $63.945 million in Leviathan stock, improving itsholding interest in the company from 27.3% to 34%. The sale of theViosca Knoll Gathering Co. (VKGC) still needs to be approved byLeviathan’s board of directors. El Paso said the deal will beratified by March 31 and that no employees will be affected.

January 18, 1999

Northern Border Expansion Starting Near Full Capacity

Warm winter weather normally means trouble for the gas industry,but for Northern Border, which is attempting to completeconstruction of a major pipeline expansion/extension project, ithas been a blessing. After a month and a half delay because summerrains set back construction, the pipeline company is expecting tohave its project in service some time between Thursday, Dec. 17,and Sunday, Dec. 20, with the entire 700 MMcf/d capacity beingfully utilized “almost immediately,” said Robert Hill, vicepresident of marketing and business development for the pipeline.

December 14, 1998

Transwestern’s Valet Service Raises Protest

With its proposed valet service, Transwestern Pipeline isattempting to profit from the coordination problems that haveplagued the nationwide transportation grid since the Gas IndustryStandards Board’s intra-day nominations timeline was implemented inearly November, Dynegy Inc. says. It has asked FERC to eitherreject the service or modify it.

December 8, 1998

INGAA Proposes Landowner Notices

Attempting to head off proposed federal legislation, theInterstate Natural Gas Association of America has proposed new FERCprocedures requiring pipelines to notify affected landowners aboutnew construction plans on the first business day after filing acertificate application.

September 18, 1998
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