Tennessee lifted Sunday a systemwide OFO Action Alert that it had implemented Saturday to control positive imbalances.
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Articles from Control
Deloitte: In the Shale Gas Factory, It Pays to Be Lean
The era of low prices and gas shale play abundance has forced exploration and production (E&P) companies to focus more intently on cost control and has brought independents and majors together as they develop North America’s natural gas factory, an analysis by Deloitte has found.
Deloitte: In the Gas Factory, It Pays to Be Lean
The era of low prices and gas shale play abundance has forced exploration and production (E&P) companies to focus more intently on cost control and has brought independents and majors together as they develop North America’s natural gas factory, an analysis by Deloitte has found.
Pennsylvania Investigating Well Pad Mishap
Pennsylvania’s Department of Environmental Protection (DEP) is investigating a Tuesday fire at a natural gas well pad in Susquehanna County. There were no injuries nor significant contamination, DEP said.
Futures Rally Shuts Down Decline Streak at Three Days
After three days of declines, natural gas futures bulls seized back control going into the weekend as the July contract closed on Friday at $4.781, up 13.4 cents from Thursday’s finish but 1.6 cents below last week’s close.
Good News on GOM Spill, But Oil Is Still Flowing
The weekend brought news of some success in BP plc’s efforts to control the amount of oil flowing into the Gulf of Mexico (GOM) from a well blowout that occurred nearly a month ago.
Industry Brief
ConocoPhillips has agreed to install pollution control equipment and implement other emission-reduction practices to reduce harmful emissions and conserve natural gas at its Argenta and Sunnyside compressor stations on the Southern Ute Indian Reservation in the San Juan Basin near Ignacio, CO, the Environmental Protection Agency (EPA) said. Under a settlement agreement with EPA, ConocoPhillips agreed to pay $175,000 in civil penalties. According to a complaint filed with the settlement, the producer allegedly violated provisions of its air emissions permit under Title V of the Clean Air Act. EPA said ConocoPhillips had cooperated in resolving the violations.
Industry Brief
ConocoPhillips has agreed to install pollution control equipment and implement other emission-reduction practices to reduce harmful emissions and conserve natural gas at its Argenta and Sunnyside compressor stations on the Southern Ute Indian Reservation in the San Juan Basin near Ignacio, CO, the Environmental Protection Agency (EPA) said. Under a settlement agreement with EPA, ConocoPhillips agreed to pay $175,000 in civil penalties. According to a complaint filed with the settlement, the producer allegedly violated provisions of its air emissions permit under Title V of the Clean Air Act. EPA said ConocoPhillips had cooperated in resolving the violations.
Traders Seek Weather Break Before Selling; January Gains 10.6 Cents
January natural gas futures rose in modest trading Wednesday as traders still saw the market in control of the weather bulls and expressed reluctance to sell until weather forecasts turned more moderate. At the close January futures were up 10.6 cents to $5.821 and February added 11.2 cents to $5.884. February crude oil gained $2.27 to $76.67/bbl.
Connecticut Attorney General: Reject Gas Rate Hikes
Connecticut’s Department of Public Utility Control (DPUC) was asked by the state attorney general Tuesday to reject a 9.2% rate increase proposed by Southern Connecticut Gas Co. (SCG).