Transwestern declared force majeure at the Bloomfield (NM)Compressor Station after the #4 unit went down over the weekend.Repair downtime is uncertain pending the availability of parts, thepipeline said, but it hoped to have the unit back in serviceFriday. The outage reduces normal San Juan Lateral capacity of850,000 MMBtu/d to about 580,000 MMBtu/d today and about 800,000MMBtu/d Thursday.
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Long Term Contract Losses Spur Beau Canada Merger with Murphy
Weighed down by misplaced hedges and long term fixed pricecontracts, Beau Canada Exploration Ltd. has sold out to Murphy OilCorp., one of its partners in the development of the hot Ladyfernprospect in northern Alberta and British Columbia, for a totalprice of US$255 million.
CPUC Denies Relief from Border Price Discrepancy
California regulators last week turned down an emergencysix-month provisional avoided-cost measure that would have frozenthe gas prices used by utilities in their formula for payingmust-take qualifying facility (QF) electricity generators.
Murphy Oil Acquires Beau Canada for $255 Million
Weighed down by misplaced hedges and long term fixed pricecontracts, Beau Canada Exploration Ltd. has sold out to Murphy OilCorp., one of its partners in the development of the hot Ladyfernprospect in northern Alberta and British Columbia, for a totalprice of US$255 million.
CPUC Denies Relief from Border Price Discrepancy
California regulators Thursday turned down an emergencysix-month provisional avoided-cost measure that would have frozenthe gas prices used by utilities in their formula for payingmust-take qualifying facility (QF) electricity generators.
Swing Price Increases Slow Down; October Flat
The swing market maintained an upward track Wednesday, butmomentum slowed with increases of a dime or less at most points.Sources reported little change from Tuesday in October numbers asemphasis began shifting more toward bidweek.
Transportation Notes
El Paso Natural Gas issued an emergency notice Monday, reportingthat the Bondad 2A turbine must be taken down to repair an oil leaktoday. The work will reduce the capacity of the station by 95MMcf/d. El Paso also said Line 1200 and 1201 are being “SmartPigged” this week on Sept. 19, 21 and 24, causing a reduction of 40MMcf/d of San Juan Basin capacity. If you have questions, callMario Montes at (915) 496-2617.
Texas Pipeline Blast Kills Police Officer
An Abilene, TX natural gas liquids pipeline owned by ExxonMobilCorp. remained shut down Friday night after an explosion killed apolice detective who was first on the scene of the accident, sent awoman to the hospital and forced the evacuation of nearbyresidents.
Texas Pipeline Blast Kills Police Officer
An Abilene, TX natural gas liquids pipeline owned by ExxonMobilCorp. remained shut down Friday night after an explosion killed apolice detective who was first on the scene of the accident, sent awoman to the hospital and forced the evacuation of nearbyresidents.
EPA Investigating Nicor’s Mercury Disposal
The U.S. Environmental Protection Agency plans to sit down withIllinois’ Nicor Gas officials this week to discuss how the companydisposes of its used gas regulators after investigators foundmercury contamination at a scrapyard used by the company. EPAalready has begun testing five Nicor service centers and otherscrapyards for mercury contamination.