The National Transportation Safety Board (NTSB) said it will begin packing up the section of the Columbia Gas Transmission pipeline that was damaged in the Tuesday blast in West Virginia for it to be sent to its headquarters in Washington, DC, for closer scrutiny.
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Chesapeake Energy Corp.’s (CHK) financial and operating deals, impacted by low natural gas realizations, have damaged the calculated net asset value (NAV) of some of the natural gas plays in its massive portfolio, according to an analysis by ITG Investment Research.
Chesapeake Energy Corp. (CHK) is the second largest natural gas producer and one of the largest leaseholders in the United States but its various financial deals have damaged the net asset value (NAV) of its portfolio, according to ITG Investment Research.
Bison Pipeline reported that the section of pipe damaged in a July 20 rupture had been repaired, and it was beginning inline inspections Thursday as part of the restoration plan, allowing it to accept up to 200,000 Dth/d of nominations for Friday’s gas day.
The Interior Department’s chief oil and gas regulator said Thursday that BP plc must pay royalties on all oil and natural gas captured from the damaged Macondo well in the Gulf of Mexico. The company also is potentially liable for royalties on lost or wasted oil and gas from the well if it is determined that negligence or regulatory violations caused or contributed to the Deepwater Horizon explosion and resulting oil spill.
Rockies Express (REX) said Friday it had removed a damaged transformer at Cheyenne Compressor Station and set a new one in place. “Work on connecting the new transformer is proceeding around the clock,” REX said. “With the current progress, and barring any unforeseen circumstances with start-up, resumption of service is now anticipated to occur on Monday.”