East

Reliant Energy Gas Transmission (REGT) completed installation ofan 18-mile extension of its mainline in East Texas to increase gasdeliveries to Southwestern Electric Power’s (SWEPCO) 882 MW Wilkesgenerating plant, located near Marshall.

Reliant Energy Gas Transmission (REGT) completed installation ofan 18-mile extension of its mainline in East Texas to increase gasdeliveries to Southwestern Electric Power’s (SWEPCO) 882 MW Wilkesgenerating plant, located near Marshall.

Much like on the East Coast a couple of weeks ago, arecord-setting heat wave set in over the weekend in California andthe desert Southwest. The effect on western peaking power pricesMonday wasn’t nearly as dramatic as the $6,000/MWh numbers hitearlier this month in the New England pool; however, gas pricesshowed a much greater impact this time.

NGPL reminds that today is the start of its open season forcapacity from Chicago and other points on its system to the Eastunder its capacity exchange deal with TETCO. NGPL is marketing the”seamless” transportation service under its new HubAmerica program.The open season to determine the level of customer interest endsJune 15. Contact Bruce Page, director of HubAmerica, (877) 482-2637

Koch Gateway began scheduled maintenance Monday on its SouthHenderson Line (FPL 3) in East Texas. The work, which is expectedto last 10 days, is causing shut-ins at 14 points, butaffectedshippers are being kept whole on the delivery side.

Until further notice, East Tennessee remains sealed at metersdownstream of Station 3311 (Glade Springs, VA) through SecondaryServices (IT, Secondary).

Ocean Energy, Inc. said yesterday that it has agreed to sell allof its interests and assets in its East Bay Complex for $86million. The buyer’s identity was not disclosed. The propertiesconsist of South Pass 24, South Pass 27 and South Pass 39 Fields,located in the Mississippi Delta Region of the Gulf of Mexico. Thetransaction is expected to close March 31 subject to normal andcustomary conditions. CEO James Hackett said in a statement thatthe move was made in order to high-grade Ocean’s balance sheet andgain capital so that it could accumulate higher margin inventory.

The heat of July and Cinergy’s sweaty response to it mean EastCentral Area Reliability Coordination Agreement (ECAR) rules areabout to change to strongly discourage the unauthorized drawing ofpower from the system.

The heat of July and Cinergy’s sweaty response to it mean EastCentral Area Reliability Coordination Agreement (ECAR) rules areabout to change to strongly discourage the unauthorized drawing ofpower from the system.