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Petal Gas Storage LLC is holding a nonbinding open season for 5 Bcf of firm capacity to be created through construction of a new salt cavern at its Petal, MS, facility. An in-service date is planned for the second quarter of 2010.

Rather improbably, since cooling demand remains moderately subpar for early July outside the western U.S. and a holiday flow date was involved, prices rose in most of the cash market Tuesday. A few points that were flat to down about 15 cents extended a recent trend of mixed price movement nearly every day.

Despite “solid production growth” and the “highest daily production rates to date,” Bill Barrett Corp.’s net income for the first quarter was off by one-third from the first quarter in 2006, the company reported Tuesday. Company officials blamed the disparity on Rockies natural gas prices in the two periods.

While the schedule and requested certificate date for the REX-West leg of the Rockies Express Pipeline originally was driven by the demands of the proposed pipeline’s shippers, there is an additional reason that makes expedited approval of the project even more imperative — the Indiana bat, the company told FERC last Wednesday.

While the schedule and requested certificate date for the REX-West leg of the Rockies Express Pipeline originally was driven by the demands of the proposed pipeline’s shippers, there is an additional reason that makes expedited approval of the project even more imperative — the Indiana bat, the company told FERC Wednesday.

The operational start-up date of the deepwater Atlantis South field development in the Gulf of Mexico (GOM) “remains under review,” but the ultimate costs for 44% stakeholder BHP Billiton Ltd. will be at least 50% higher, the company said Wednesday. The field, operated by majority stakeholder BP plc, had been expected to cost a total of $3.5 billion.

The operational start-up date of the deepwater Atlantis South field development in the Gulf of Mexico (GOM) “remains under review,” but the ultimate costs for 44% stakeholder BHP Billiton Ltd. will be at least 50% higher, the company said Wednesday. The field, operated by majority stakeholder BP plc, had been expected to cost a total of $3.5 billion.

Houston-based W&T Offshore Inc. grew third-quarter production by 50% over the year-ago period and 32% sequentially from the second quarter. Year-to-date production is at an all-time high and projected to increase more than 50% next year. And seven of seven Gulf of Mexico (GOM) exploration wells were declared successes in the third quarter.

Houston-based W&T Offshore Inc. grew third-quarter production by 50% over the year-ago period and 32% sequentially from the second quarter. Year-to-date production is at an all-time high and projected to increase more than 50% next year. And seven of seven Gulf of Mexico (GOM) exploration wells were declared successes in the third quarter.