Develop

Sempra Generation last Tuesday announced plans to develop and construct a 600 MW expansion of its Twin Oaks Power plant near Bremond, TX, tripling the plant’s 305 MW total capacity to 900 MW.

XTO Energy Inc. will develop acreage in the northeastern portion of the Piceance Basin in northwest Colorado under a farm-in agreement with ExxonMobil Corp., the producer said Thursday. The arrangement is similar to one ExxonMobil established with Apache Corp. last year for other North American properties..

While Tropical Storm Arlene failed to develop into a significant storm such as Hurricane Ivan in 2004, a review of hurricane trends show that there is more than a one in three chance of large hurricane catastrophe-losses in the United States in the current season, according to EQECAT Inc., an extreme risk modeling firm.

FERC on Monday extended the deadline for Copiah County Storage, a subsidiary of Duke Energy’s Market Hub Partners, to develop a 3 Bcf salt dome natural gas storage facility in Copiah County, MS.

Mitsubishi Corp. and ConocoPhillips announced Tuesday they have finalized their agreement to jointly develop a $400 million LNG receiving terminal with 700 MMcf/d of sendout capacity and a peak capacity of up to 1 Bcf/d proposed for the Port of Long Beach, CA. The companies had signaled their intent to form a joint venture last July (see Daily GPI, July 14, 2004).

NiSource and Piedmont Natural Gas have teamed up to develop a new 12 Bcf natural gas storage field in Hardy and Hampshire counties, WV. The Hardy Storage Company LLC filed a formal project application last week with the Federal Energy Regulatory Commission (FERC).

NiSource and Piedmont Natural Gas have teamed up to develop a new 12 Bcf natural gas storage field in Hardy and Hampshire counties, WV. The Hardy Storage Company LLC filed a formal project application this week with the Federal Energy Regulatory Commission (FERC).

ChevronTexaco Corp., ExxonMobil Corp. and Royal Dutch/Shell Group agreed last week to jointly develop some natural gas fields off the Australian coast, which eventually would result in sending liquefied natural gas (LNG) exports to Asia and the North American West Coast.

ChevronTexaco Corp., ExxonMobil Corp. and Royal Dutch/Shell Group have agreed to jointly develop some natural gas fields off the Australian coast that eventually would result in liquefied natural gas (LNG) exports to Asia and the North American West Coast.