Completion

Earnings associated with the completion of more than $2 billion in capital investments in its ONEOK Partners unit, which were begun in 2006, helped to drive ONEOK Inc.’s earnings 37% higher in 4Q2009, though ONEOK Partners reported a 5.3% decline in the same period, the Tulsa-based company said Tuesday.

Earnings associated with the completion of more than $2 billion in capital investments in its ONEOK Partners unit, which were begun in 2006, helped to drive ONEOK Inc.’s earnings 37% higher in 4Q2009, though ONEOK Partners reported a 5.3% decline in the same period, the Tulsa-based company said Tuesday.

CIG reported anticipating the completion of repairs to its Totem Storage Field dehydration facility in time to permit the return of full Totem service effective with Timely Cycle nominations for Thursday’s gas day. It canceled a force majeure that had precluded withdrawal transactions at the field since late last week (see Daily GPI, Dec. 14).

Going against conventional belief surrounding multizone completion success in coalbed methane wells, more natural gas and less water was found in the shallower coals of the wells tested, according to a study just completed by GST WellDog, a privately held natural gas development research and analysis firm that was tasked with developing coalbed methane development best practices.

Going against conventional belief surrounding multizone completion success in coalbed methane wells, more natural gas and less water was found in the shallower coals of the wells tested, according to a study just completed by GST WellDog, a privately held natural gas development research and analysis firm that was tasked with developing coalbed methane development best practices.

Interior Secretary Ken Salazar’s decision last month to delay completion of a review of the new five-year (2010-2015) leasing program had the same effect as reinstating the moratorium on oil and natural gas drilling in the federal Outer Continental Shelf (OCS), a high-ranking Republican told a House panel last Wednesday.

Speculation was put to rest Thursday that El Paso Corp.’s Ruby Pipeline project might not be a go. The 680-mile pipeline project remains on track for completion in 2011 to carry constrained natural gas supplies from the Rockies to the West Coast.

Interior Secretary Ken Salazar’s decision earlier this month to delay completion of a review of the new five-year (2010-2015) leasing program (see Daily GPI, Feb. 11) had the same effect as reinstating the moratorium on oil and natural gas drilling in the federal Outer Continental Shelf (OCS), a high-ranking Republican told a House panel Wednesday.

Citigroup’s natural gas and power trading operations are to remain in Houston following completion of a reorganization intended to bolster the struggling banking giant, which has been rocked by the Wall Street crisis.