The tremendous supply potential of the Powder River Basin inMontana and Wyoming has attracted a new consortium of energycompanies with plans to build a large gas gathering system. CMSEnergy, Enron Capital & Trade Resources, Western Gas Resourcesand CIG Resources announced they have formed Fort Union GasGathering, L.L.C. to build a $43 million, 106-mile, 24-inchgathering header from Glenrock, WY, north to a point near Gillette,WY. A gas treating facility also will be installed at Glenrock.
Draws
Articles from Draws
Pennsylvania Power Program Draws 1.1 Million
In the first week of enrollment in Pennsylvania’s ElectricChoice Program, 1.1 million electric customers across the statesigned up to participate, the Pennsylvania Electric Associationsaid yesterday.
Crossroads, CNG Pipeline Project Draws Interest
Crossroads Pipeline Co., East Ohio Gas and CNG Transmission saidthey received expressions of interest for 800,000 Dth/d of capacityon their proposed transportation project, which would bring gasfrom the Chicago hub through Crossroads’ existing system to marketsin East Ohio’s service territory and farther east via CNG’spipeline system. The proposed project initially would add 150,000Dth/d of firm capacity across all three systems.
West Flatness, East Softness Draws Basis Tight
Basis relationships have tightened by a remarkable degree inMarch, and Thursday’s continuing price strength in the West coupledwith drops of a nickel or so at points in the Gulf Coast,Midcontinent and Appalachia/Northeast brought the regions evencloser.