Cisco

Cisco, TX-based Frac Tech Services Inc. has filed with the U.S. Securities and Exchange Commission for an initial public offering of common stock to raise up to $690 million. The company said it intends to apply to list its shares on the New York Stock Exchange.

Because Primary firm nomination requests through the Cisco Compressor Station have exceeded the available capacity of 276,000 Dth/d, Northwest notified shippers of a Declared Deficiency Period that began Tuesday. The station is undergoing a turbine changeout that reduces its capacity from the normal 359,000 Dth/d (see Daily GPI, March 4). Based on the design capacity of 359,000 Dth/d, the Daily Deficiency Volume is 83,000 Dth, Northwest said. The Declared Deficiency Period is expected to last through the end of Thursday’s gas day.

Northwest reminded customers of the potential for an OFO and/or Deficiency Period due to maintenance scheduled for June 5-7 in the mainline corridor between the Cisco and La Plata B compressor stations. See the bulletin board for a summary of the contracted, design and available capacity volumes during this outage for La Plata B (southbound), Moab Compressor Station (southbound) and Pleasant View Compressor Station (southbound). If Primary Firm nomination requests exceed the design capacity at these points during the outage, an OFO will be issued, Northwest said.