The owners of the Sable Offshore Energy Project (SOEP), off Nova Scotia, announced Monday the awarding of contracts for Tier 2, or second phase, of the project that is expected to produce a total in excess of 600 MMcf/d and 24 thousand bbl/d of liquids by 2003 when both tiers are up and running, according to estimates by part-owner ExxonMobil. Current production averages 550 MMcf/d of sales gas and 20,000 bbl of natural gas liquids.
Awarding
Articles from Awarding
New Jersey to Challenge MarketLink Order in Court
New Jersey’s attorney general (AG) yesterday said he will seek acourt appeal of FERC’s decision awarding a certificate toTranscontinental Gas Pipe Line to proceed with the construction ofa pipeline expansion through the northern part of the state.
April 27, 2000
CPUC Cites Dynegy; Urges FERC Keep Caps
Controversial arrangements between pipelines and marketers -similar to the one awarding Dynegy Marketing and Trade sole controlof 1.3 Bcf/d of the remaining unsubscribed capacity on El PasoNatural Gas – could proliferate if FERC should uncap prices in theshort-term capacity market without first ensuring that adequatesafeguards are in place for pipeline customers, Californiaregulators warned.
April 28, 1999
FERC Warned Against Underestimating Pipe Monopolies
A regulatory expert last week called on FERC to impose amoratorium on awarding market-based rates for primarytransportation capacity due to the expected continued “monopoly”nature of major interstate pipelines.
October 12, 1998
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