Rig operators are doing better than ever, said Houston-based Global Marine Inc. executives last week. Global Marine said dayrates for offshore oil and gas drilling rigs will shoot past the 1997-98 levels, based partly on energy proposals from the Bush Administration and because of increased drilling in international markets. Other operators also are benefiting: Tulsa-based Unit Corp. said its drilling demand in the Gulf Coast region has jumped 26% in just six months.
Ever
Articles from Ever
Building Pipes is More Complicated Than Ever
Planning, developing and building natural gas pipelines over the last decade has become a difficult endeavor filled with the risk of numerous regulatory hurdles and barriers to entry, according to a panel of transmission experts last week at GasMart/Power 2001 in Tampa, FL.
E-Business Executives Say Liquidity is Key
In the ever shrinking world of electronic energy exchanges, the bottom line remains that e-business is still business, according to a panel of B2B executives speaking last week at NGI’s GasMart/Power 2001 in Tampa. Altra Technologies’ Dixie Barrett, Intercontinental Exchange’s Rafael Pirutinsky and New York Mercantile Exchange’s Tom Martin told the audience that consolidation within their industry will continue, but the marketplace will only end up stronger.
Building Pipes is More Complicated Than Ever
Planning, developing and building natural gas pipelines over the last decade has become a difficult endeavor, filled with the risk of numerous regulatory hurdles and barriers to entry, according to a panel of transmission experts last week at GasMart/Power 2001 in Tampa, FL.
Exec. Says Deregulation Spawning Interest In Public Power
As the price and availability of electricity looms ever larger as a topic of national debate, public power is getting a closer look from industrial and commercial power users and that growing interest in public power is occurring not just in places where you would expect it, like California, but across all regions of the country. So says Carmine Grastataro, senior vice president at RKS Research & Consulting, who sat down with NGI for a brief interview after appearing before a panel at NGI’s GasMart/Power 2001 conference in Tampa, FL, last Thursday.
Exec. Says Deregulation Spawning Interest In Public Power
As the price and availability of electricity looms ever larger as a topic of national debate, public power is getting a closer look from industrial and commercial power users and that growing interest in public power is occurring not just in places where you would expect it, like California, but across all regions of the country. So says Carmine Grastataro, senior vice president at RKS Research & Consulting, who sat down with NGI for a brief interview after appearing before a panel at NGI’s GasMart/Power 2001 conference in Tampa, FL, yesterday.
E-Business Executives Say Liquidity is Key
In the ever shrinking world of electronic energy exchanges, the bottom line remains that e-business is still business, according to a panel of B2B executives yesterday speaking at NGI’s GasMart/Power 2001 in Tampa. Altra Technologies’ Dixie Barrett, Intercontinental Exchange’s Rafael Pirutinsky and New York Mercantile Exchange’s Tom Martin told the audience that consolidation within their industry will continue, but the marketplace will only end up stronger.
El Paso Receives Requests for 9.7 Bcf/d of Capacity
In one of the largest open season tallies ever, El Paso Natural Gas reported last week that it received 127 shipper requests for a total of 9.7 Bcf/d of firm transportation capacity in its recent March open season for an expansion to California (see NGI, March 19). A total of 76 shippers requested 4.5 Bcf/d for deliveries to the California border or inside the state and a total of 51 requested 5.2 Bcf/d for deliveries to states east of California.
CA Power Saga: New Chapters, But No Ending
California’s ever-changing electricity saga ended the firstquarter of 2001 as it started the year – a work in progress. Itsscope widened again last week with regulators, legislators and thecourts working overtime to keep up. Supplies remained tight withthree Stage Two power alerts called during the week.
Green Mountain Picks Up Mountain of Customers
Green Mountain Energy has completed its largest-ever energyaggregation contract – picking up more than 400,000 Ohioelectricity customers in a six-year agreement with Northeast OhioPublic Energy Council (NOPEC), a public electricity buying group.Green Mountain will provide natural gas and renewable wind andsolar energy to households in eight Ohio counties.