The C$4.6 billion Alliance natural gas and liquids pipeline, designed to transport 1.325 Bcf/d from northeast British Columbia to Chicago, has completed its construction phase and now is commissioning the mainline, laterals, compressors and supervisory equipment.
British
Articles from British
Southern Energy to Manage CanWest Gas’ Business
CanWest Gas Supply Inc., an old-line natural gas aggregator in British Columbia — and also the largest — has agreed to allow Atlanta’s Southern Company Energy Marketing to manage its business.
Southern’s Canadian Grip Bolstered
CanWest Gas Supply Inc., an old-line natural gas aggregators inBritish Columbia — and also the largest — has agreed to allowAtlanta’s Southern Company Energy Marketing to manage its business.
Enron Tests Mettle in Bid for Metals Trader
Energy powerhouse Enron decided to test its mettle once againlast week, offering British metals trader MG Plc $4.46 per sharecash offer in its bid to enter a new marketplace. The bid values MGat $445 million (300 million pounds sterling).
Enron Tests Mettle in Bid for Metals Trader
Energy powerhouse Enron decided to test its mettle once againMonday, offering British metals trader MG Plc $4.46 per share cashoffer in its bid to enter a new marketplace. The bid values MG at$445 million (300 million pounds sterling).
Industry Brief
Apache Corp. announced a Canadian gas discovery that tested at31 MMcf/d British Columbia on acreage acquired from Shell Canadalate last year. “Proved reserves acquired in the Shell Canadatransaction were mainly oil, but the major upside lies in gasexploration on nearly 300,000 net acres and in the staff of highlymotivated technical people who joined Apache,” said ApachePresident G. Steven Farris. Apache holds a 37% working interest inthe Ladyfern area producer. Murphy Oil, the operator, holds 33% andBeau Canada Exploration has the remaining 30% working interest.”Pressure build-up tests are under way to help in determining theapproximate size of this discovery, but it’s safe to say it has thepotential to be a very large gas field,” Farris said. Apache andits partners have under lease more than 25,000 acres in theLadyfern area and are presently drilling two additional wildcatwells on separate structures. Apache and partners will build aneight-inch-diameter pipeline 15 miles to the Beau Canada pipelineto take Ladyfern gas to Apache’s Hamburg gas plant.
Apache Makes Canadian Discovery
Apache Corp. announced a Canadian gas discovery that tested at31 MMcf/d British Columbia on acreage acquired from Shell Canadalate last year.
Georgia Strait Crossing Open Season Under Way
Williams and British Columbia Hydro are holding an open seasonthrough Feb. 22 for their proposed Georgia Strait Crossing PipelineProject (GSX). The project was announced in September (see Daily GPI,Sept. 30).
Transportation Notes
Florida Gas Transmission did not extend an Overage Alert Day notice(see Daily GPI, Dec. 6) beyond Friday.
Apache Buying Shell Canada Assets
Apache Corp. made a definitive agreement to acquire producingproperties and other assets in Alberta, British Columbia andSaskatchewan, Canada with proved reserves of 87.5 MMBoe from ShellCanada Limited for C$770 million (US$524 million at currentexchange rates).