Developed

Ziff Finds Upward Cost Pressure in GOM, Alberta

Operators in emerging shale gas plays can expect to experience high costs as the plays are developed because drilling and completion is akin to research and development. However, costs fall as operators build their land positions in a particular play and develop drilling programs with the right type of rigs and completion services, according to Houston-based Ziff Energy Group.

April 15, 2008

Open Season Begins For California Storage Project

Gill Ranch Storage LLC, which is being jointly developed by Northwest Natural Gas and Pacific Gas and Electric Co. (PG&E), announced last Monday it will hold an open season through Dec. 14 to test the market’s interest in a high-deliverability storage facility that it proposes to build in central California.

October 22, 2007

Open Season Begins on California Storage Project

Gill Ranch Storage LLC, which is being jointly developed by Northwest Natural Gas and Pacific Gas and Electric Co. (PG&E), announced Monday it will hold an open season through Dec. 14 to test the market’s interest in a high-deliverability storage facility that it proposes to build in central California.

October 16, 2007

Industry Briefs

Chestnut Ridge Storage LLC has launched a nonbinding open season for up to 25 Bcf of new natural gas storage capacity at the proposed Junction Natural Gas Storage Facility being developed in southwestern Pennsylvania and northern West Virginia. Chestnut Ridge is owned by affiliates of Omaha, NE-based Tenaska Power Fund LP (TPF) and Houston’s eCORP LLC. Junction is being converted from a depleted gas reservoir into a multi-cycle, high-deliverability storage facility with 500,000 Dth/d of injection and withdrawal capability. Its target in-service date is 1Q2009. The open season will close at 5 p.m. CDT on Oct. 10. For more information or to obtain a bid package, contact Mark Stauss at (713) -520-0993 or mstauss@ecorpusa.com. Information also is available at www.JCTStorage.com.

September 24, 2007

Open Season Launched for Chestnut Ridge Facility

Chestnut Ridge Storage LLC has launched a nonbinding open season for up to 25 Bcf of new natural gas storage capacity at the proposed Junction Natural Gas Storage Facility being developed in southwestern Pennsylvania and northern West Virginia.

September 18, 2007

Most Points See Weekend Drops; Rockies Plunge

Cold fronts were either already squelching or about to squelch much of the cooling load that had developed in the East, while the West was a mix of summer-like conditions to the south and unusual chill to the north. Cash prices responded by falling at nearly every point Friday, with only a few scattered instances of flat quotes preventing an across the board sweep of softness.

May 14, 2007

Mayor/Actor Helps CA City Clean Up Its Energy Act

Gaining some national attention from energy and environmental agencies, California’s burgeoning central valley city of Fresno has developed a clean transportation fleet and solar energy program under Mayor/actor Alan Autry and Gov./actor Arnold Schwarzenegger. Fresno boasts one of the cleanest city-operated transportation fleets and a 665-kWh solar photovoltaic (PV) system at its municipal service center.

March 29, 2007

Bluewater Gets FERC Nod on Michigan Storage

Bluewater Gas Storage received a certificate from FERC to begin operating its existing Michigan storage operations, which include the recently developed 26.2 Bcf Bluewater storage field and the 3.05 Bcf Kimball 27 storage field in St. Clair County, under market-based rates.

November 6, 2006

Bluewater Gets FERC Nod on Michigan Storage

Bluewater Gas Storage received a certificate from FERC on Friday to begin operating its existing Michigan storage operations, which include the recently developed 26.2 Bcf Bluewater storage field and the 3.05 Bcf Kimball 27 storage field in St. Clair County, under market-based rates.

October 31, 2006

Marathon Acquires Piceance Basin Acreage for $354M

Marathon Oil Corp. last week acquired 8,700 net acres of natural gas-weighted properties in the Piceance Basin of Colorado in a cash transaction valued at $354 million. The acreage, acquired from Petroleum Development Corp. (PDC), is located in Garfield County in the Greater Grand Valley Field Complex, which is flanked by, and on-trend with, adjacent Marathon production.

July 24, 2006
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