East, Northeast Tumble As Flow Order Is Lifted

Cash prices overall fell an average 15 cents Friday, but if the weather and constraint driven mega-downmoves by eastern and northeast points are included, the average overall decline would have been $1.83. Weather forecasts called for a warming trend by Monday and constraints on a major pipeline were lifted.

January 28, 2013

Raymond James: Marcellus Gas Shale ‘King’ by 2015

Based on production data verifiable to date, the Marcellus Shale will become the “King of the Gas Shales” by 2015 at the latest, U.S. energy analysts with Raymond James & Associates Inc. said in a new report.

September 5, 2012

Physical Quotes Offset By Futures Weakness

Physical natural gas prices Friday were mostly flat, although a few Northeast points showed constraint-related gains. Prices at most points eased, and without the gains posted on Northeast pipes, the overall market was down on average by about 2 cents. Texas points were mixed and the West Coast was generally weaker. Futures fared much worse. At the close of trading August was down 16.9 cents to $2.776 and September was off 16.4 cents to $2.786. August crude oil imploded $2.77 to $84.45/bbl.

July 9, 2012

Transportation Notes

Effective with Evening Cycle nominations (Cycle 2) for Wednesday’s gas day, Ruby Pipeline increased operationally available capacity for the Ruby West Constraint to 1,460 MMcf/d, which is the system’s total design capacity.

December 22, 2011

Transportation Notes

Northwest said nominated northbound volumes through Kemmerer Compressor Station and the Plymouth South constraint point continue to substantially exceed design capacity, impacting the pipeline’s operational integrity. As a result, effective Wednesday until further notice Northwest is declaring OFOs at both points If scheduled quantities for Wednesday’s gas day exceed the design capacity of 655,000 Dth/d at Kemmerer or 536,300 Dth/d at Plymouth South, Northwest will provide shippers with their contract-specific, realignment or must-flow OFO obligations by 4 p.m. MST.

November 22, 2011

Analyst: Expiring Leases Offer Eagle Ford Second Chance

Companies that missed out on the first round of leasing in the Eagle Ford Shale in South Texas that began in 2008 will have another chance as some of those leases will be expiring in the coming months, an industry analyst said recently.

October 21, 2010

Transportation Notes

CIG canceled Wednesday the force majeure that it had declared Feb. 25 at Kim Compressor Station near the Picketwire Constraint point (PWC) in southern Colorado following an unforeseen mechanical outage of one compressor unit. Capacity at PWC was restored to 414 MMcf/d from 355 MMcf/d, CIG said.

April 2, 2009

Transportation Notes

Because primary firm nominations through the Plymouth North Constraint Point for the Timely cycle of Thursday’s gas day were below the available capacity of 453,000 Dth/d, Northwest discontinued the Declared Deficiency Period for the point Thursday and said it would allow new nomination requests in the Evening and Intraday cycles up to 500,000 Dth/d. If primary firm nomination requests for Friday exceed 453,000 Dth/d, Northwest said, it will declare a new Deficiency Period for the remainder of the work, which it expects to complete that day. It plans to schedule up to Plymouth North’s design capacity of 553,000 Dth/d for Saturday.

April 25, 2008

Transportation Notes

Northwest completed an anomaly investigation south of Muddy Creek Compressor Station and lifted the associated Declared Deficiency Period. The Muddy Creek South Constraint Point was reset to its north-flow design capacity of 513,000 Dth/d Friday. Due to a unit inspection at Caldwell Compressor Station, where Primary firm nomination requests exceeded the available capacity of 412,000 Dth/d, Northwest notified shippers of a Declared Deficiency Period at Caldwell for Friday’s gas day only.

August 20, 2007

Transportation Notes

Due to maintenance at Banner Compressor Station, Columbia Gulf will reduce total capacity at the Delhi (LA) Constraint Point to 1,983,000 Dth/d effective Friday until further notice.

June 22, 2007
‹ Previous 1 2 3