Construction of the Willcox Lateral to the Mexican border was about 75% complete as of the beginning of May, El Paso Natural Gas said in a status update on the project. Work on the line began in April, and final state and federal regulatory permitting is in progress, El Paso said.
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Tengasco Completes Intrastate TN Pipeline
Tengasco has completed a 60-mile intrastate pipeline from itsgas-rich 50,000-acre Swan Creek gas and oil field beginning inHancock County and ending in Kingsport, TN. Geological studiesindicate that the Swan Creek field may be one of the largestnatural gas and oil discoveries in the Appalachian region of theUnited States.
Transportation Notes
Williams said it expected its OFO (see Daily GPI, Dec. 12) to expire at the beginning oftoday’s gas day “based upon the latest weather forecast that we havereceived.” However, as of late Wednesday afternoon no cancellationnotice had been posted.
Overall Prices Firmer; CA, Northwest See Dollar-Plus Gains
After beginning the post-Thanksgiving week with two days ofsoftness, the cash market got back on a firming track Wednesday intrading for the last day of November. The upticks were fairlymoderate overall, ranging from slightly down at a few scatteredpoints to Northeast gains in the teens.
Constellation to Separate Regulated, Unregulated Units
Expecting to grow its unregulated earnings up to 25% a year beginning in 2001, Constellation Energy Group plans to separate its unregulated energy trading and generation group from its regulated entities, including its flagship, Baltimore Gas & Electric Co.
Constellation Details Strategic Separation
Expecting to grow its unregulated earnings up to 25% a yearbeginning in 2001, Constellation Energy Group will separate itsunregulated energy trading and generation group from its regulatedentities that include Baltimore Gas & Electric Co.
Gulf Canada Mails Crestar Offer, Sells GMS Co.
Gulf Canada Resources Ltd. has been a very busy company thisOctober, and its only just beginning. After announcing it plannedto acquire Crestar Energy two weeks ago, the company yesterday saidit has mailed its formal purchase offer to the shareholders ofCrestar, and in unrelated news, the company has sold its remaining50% interest in Gulf Midstream Services (GMS) located in westernCanada to Keyspan Corp.
Most Points See Strong Initial Aftermarket Pricing
Except for a few western points, the September aftermarket gotoff to a generally strong beginning. In swing deals done Thursdayfor the first (and in some cases for flow through Tuesday), mostmarkets registered double-digit increases over last-of-Augustlevels and also were well above September indexes.
Union Gas Holds Storage Open Season
Union Gas Ltd. has declared an open season for peak storage at its Dawn market hub, with injections beginning Aug. 24, and winter 2000-2001withdrawal on an interruptible basis. Union is offering a storage service option that includes unlimited free cycling and a service option for two-or-three year storage.
Union Gas Holds Storage Open Season
Union Gas Ltd. has declared an open season for peak storage atits Dawn market hub, with injections beginning Aug. 24, and winter2000-2001withdrawal on an interruptible basis.Union is offering astorage service option that includes unlimited free cycling and aservice option for two-or-three year storage.