Exceed

Royalty cuts by the British Columbia (BC) government ignited natural gas production development with potential to match or exceed the supply addition represented by the proposed Alaska pipeline from the North Slope, Canadian industry analysts say.

Royalty cuts by the British Columbia (BC) government ignited natural gas production development with potential to match or exceed the supply addition represented by the proposed Alaska pipeline from the North Slope, Canadian industry analysts say.

After projecting earlier that linepack on its California Gas Transmission system might exceed maximum target levels going into the weekend, Pacific Gas and Electric (PG&E) issued a systemwide Stage 2 high-inventory OFO for Saturday. Penalties of $1/Dth were set for exceeding a relatively lenient (at least for PG&E) tolerance of 20% on positive daily imbalances.

This summer the emission of smog-forming compounds from Barnett Shale gas producer activities in North Texas could exceed on-road motor vehicle emissions in the area, according to a study by Southern Methodist University (SMU) that was commissioned by the Environmental Defense Fund. However, Texas producer groups refute the findings and say the research is based on data that doesn’t reflect Barnett Shale production.

With linepack starting to bump up against its maximum target levels and threatening to greatly exceed them over the weekend, Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO for Friday on its California Gas Transmission system. Penalties of $1/Dth were set for positive daily imbalances exceeding a 6% tolerance. The giant dual utility had issued a systemwide low-inventory OFO Wednesday.

Pacific Gas & Electric issued a systemwide Stage 2 low-inventory OFO, effective Wednesday, for its California Gas Transmission system. Penalties of $1/Dth will apply to customers who exceed a 6% tolerance for negative daily imbalances.

“Operational momentum” that began to build toward the end of 2007 should enable BP plc to not only meet but exceed the production goals that it promised to deliver through 2020, the company’s CEO said Thursday.

“Operational momentum” that began to build toward the end of 2007 should enable BP plc to not only meet but exceed the production goals that it promised to deliver through 2020, the company’s CEO said Thursday.

Pacific Gas & Electric issued a systemwide Stage 2 low-inventory OFO for Wednesday, setting penalties of $1/Dth for customers who exceed a 5% tolerance for negative daily imbalances.