El Paso changed the pigging schedule for Line 1102 from Plains to Dumas; see the bulletin board for operational details and capacity effects. It also postponed to an unspecified later date, pending delivery of critical parts, a total shutdown of the Window Rock Station that had been planned for Thursday (April 24). However, Window Rock’s A Plant only was down for Department of Transportation inspections and gas cooling equipment tie-ins Thursday, with the 7A turbine remaining down through Friday. This work, in combination with ongoing maintenance at Flagstaff Station and on the Window Rock 2B turbocharger, will reduce capacity of the North Mainline by 160 MMcf/d Friday, by 110 MMcf/d Saturday, and by 26 MMcf/d Sunday through Tuesday.
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Western Gulf Proposed Sale Details Released by MMS
The U.S. Department of the Interior’s Minerals Management Service (MMS) has released its Proposed Notice of Sale 187, the Western Gulf of Mexico (GOM) lease sale, which is scheduled for August 2003. MMS estimates the sale could result in the production of 136-to-262 million bbl of oil and 0.81-to-1.44 Tcf of natural gas.
Western Gulf Proposed Sale Details Released by MMS
The U.S. Department of the Interior’s Minerals Management Service (MMS) has released its Proposed Notice of Sale 187, the Western Gulf of Mexico (GOM) lease sale, which is scheduled for August 2003. MMS estimates the sale could result in the production of 136-to-262 million bbl and 0.81-to-1.44 Tcf.
USGS Report Details Undiscovered Rockies Area Gas Potential
A new report by the U.S. Geological Survey (USGS) shows an overall slightly improved outlook for unconventional natural gas potential in five “priority” Rockies basins.
USGS Report Details Undiscovered Rockies Area Gas Potential
A new report by the U.S. Geological Survey (USGS) shows an overall slightly improved outlook for unconventional natural gas potential in five “priority” Rockies basins.
Report Details Downside of Gas Restructuring for Consumers
The National Center for Appropriate Technology (NCAT) is scheduled to release a new study Tuesday that documents the adverse impacts of electric and natural gas market restructuring on some residential consumers. The five-state study is the first product of an on-going project to examine the impacts of restructuring on residential consumers, particularly low- and moderate-income households.
Dynegy’s NNG Sale Provides Breathing Room in Week of Mostly Good News
The asset that Enron Corp. sold to Dynegy Corp. last November to briefly boost its liquidity became Dynegy’s salvation as well last week, after the distressed energy marketer said it would sell its entire stake in Northern Natural Gas Co. (NNG) to Berkshire Hathaway’s MidAmerican Energy Holdings Co. for $928 million in cash and the assumption of $950 million in outstanding NNG debt. Dynegy took a $600 million loss on the deal, but gained the liquidity it needed to not just continue to operate, but also convince investors likewise.
Energen Details Supply Contracts with Williams, Dynegy
Energen Resources, the production unit of Energen Corp., detailed its extensive supply arrangements with Williams and Dynegy on Wednesday in response to downgrades by credit rating agencies of the two energy marketers. Energen said both companies are current in their monthly payments for a total of about 1.6 Bcf per month on gas and gas liquids production..
Energen Details Supply Contracts with Williams, Dynegy
Energen Resources, the production unit of Energen Corp., detailed its extensive supply arrangements with Williams and Dynegy on Wednesday in response to downgrades by credit rating agencies of the two energy marketers. Energen said both companies are current in their monthly payments for a total of about 1.6 Bcf per month on gas and gas liquids production..
PSEG Details ‘Worst Case’ Scenario in Argentina
As Argentina’s political and economic waters continue to roil, New Jersey-based Public Service Enterprise Group (PSEG) recently said that if its PSEG Global Inc. indirect subsidiary is forced, under a worst case scenario, to halt all operations in that country, such a move would result in a pre-tax write-off of approximately $632 million and a loss of an anticipated annual earnings contribution of 16 cents per share of common stock.