Delaying

OGE Energy Corp. is delaying the initial public offering (IPO) of 7.5 million common units by OGE Enogex Partners LP, a limited partnership formed to develop its natural gas midstream assets and operations, due to market volatility, the company said Thursday.

Pipelines and producers are showering unanimous praise on a pledge by the Canadian government to prevent a repetition of the regulatory ordeal delaying and possibly aborting the Mackenzie Gas Project (MGP).

Pipelines and producers are showering unanimous praise on a pledge by the Canadian government to prevent a repetition of the regulatory ordeal delaying and possibly aborting the Mackenzie Gas Project (MGP).

California is taking some risks in sprinting out front in setting energy policy based on global warming assumptions and delaying future benefits for utility consumers from some of these efforts, but the longer term costs of not doing anything would be far greater, according to California’s chief regulator, Michael Peevey. He made this point in a speech Monday to the Edison Electric Institute (EEI) Financial Conference in Las Vegas, NV.

In the wake of Hurricane Katrina, the Minerals Management Service (MMS) is delaying implementation until Jan. 1, 2006 of a final rule that had been due to go into effect Monday, Sept. 26. The rule will adjust some existing fees and implement several new fees for services the agency currently provides to the offshore oil and gas industry.

Weather is delaying leak repairs on the South Pass 77 527A-700 line, Tennessee said Wednesday, and it now expects to complete the first portion of the work Saturday. Last week Tennessee had anticipated being able to finish Wednesday (see Daily GPI, April 26). The South Pass 77A meter remains shut in during the project. It also will be required to shut in during additional work on the line that is scheduled for Sept. 19-26.

Sonat reported being notified that Enterprise Operating Partners LLC is delaying until further notice an outage of its Toca 1 processing plant in southeast Louisiana. The outage had previously been set to begin April 17 and last two to three weeks (see Daily GPI, April 8). Sonat planned to post a message about new PVR loss percentages on its bulletin board last Friday.

A group of major energy purchasers formed as a result of last month’s historic blackout urged Sen. Pete Domenici (R-NM) last week to reconsider a deal backed by Sen. Richard Shelby (R-AL) that would delay implementation of FERC’s pending standard market design (SMD) proposal for U.S. wholesale power markets for several years.

The “relentless, aggressive and malicious” environmental public relations machine is succeeding in delaying and restricting natural gas development in the Rocky Mountains “with no regard for the impact on the national gas supply” — and the situation is getting worse, not better.