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Flow

With Record Production in First Quarter, Ultra Cuts Capex

Ultra Petroleum Corp. said that while it produced record volumes during 1Q2012 and was optimistic about its plans to target oil shale in the Niobrara, it would follow the example of its joint venture (JV) partners in the Marcellus and cut capital expenditures (capex) for the rest of the year.

May 8, 2012

Southwestern Releases Brown Dense Results

Although its profits fell while production grew, Southwestern Energy Co. said its drilling programs in both the Fayetteville and Marcellus shales remain profitable. But the Houston-based company also plans to divert $50 million in midstream capital toward ventures in the Brown Dense formation and the Denver-Julesburg (DJ) Basin.

May 7, 2012

Equitrans Cleared to Use OFO to Detect Lost Gas

FERC has rejected protests to an operational flow order (OFO) that Equitrans LP issued last November to determine whether lost-and-unaccounted-for (LAUF) gas was being caused by leaks on its Appalachian Basin gathering system.

April 10, 2012

Correction

In the article “TransCanada: Marcellus-Backed Flow Reversal Is Inevitable” (see NGI, Feb. 27), NGI incorrectly stated that Union Gas is working on plans for a new import route from New York State to its Dawn storage and trading hub in southern Ontario. Union Gas in fact has no plans for a competitive pipeline with an import route from New York State to Dawn. The company says it has discussed the need for an expansion of pipeline capacity east of Parkway to Maple to relieve a transportation bottleneck on this corridor, and it continues to believe an expansion of this path is required. NGI regrets the error.

March 12, 2012

Correction

In the article “TransCanada: Marcellus-Backed Flow Reversal Is Inevitable” (see Daily GPI, Feb. 27), NGI incorrectly stated that Union Gas is working on plans for a new import route from New York State to its Dawn storage and trading hub in southern Ontario. Union Gas in fact has no plans for a competitive pipeline with an import route from New York State to Dawn. The company says it has discussed the need for an expansion of pipeline capacity east of Parkway to Maple to relieve a transportation bottleneck on this corridor, and it continues to believe an expansion of this path is required. NGI regrets the error.

March 7, 2012

Marcellus Dry Gas Producers Slamming on the Brakes, Says Bentek

Drillers in northeastern Pennsylvania — the dry gas area of the Marcellus Shale — in the months ahead will stomp on the brakes with both feet and jam the dry gas freight train into reverse, according to an analysis by Bentek Energy LLC. Even if they do, a bulging gas surplus will fester behind pipeline capacity constraints for years to come, the firm said.

February 22, 2012

Williams Partners, Cabot to Build Marcellus Interstate Gas System

As part of its strategy to create a major natural gas supply hub in northeastern Pennsylvania, Williams Partners has formed an interstate pipeline joint venture with Cabot Oil & Gas Corp., one of the top producers in the Marcellus Shale.

February 22, 2012

Transportation Notes

Because of increased flow on Algonquin and its resulting ability to blend additional supplies, Millennium said it was permitted Thursday to increase deliveries from 250,000 Dth/d to 325,000 Dth/d. Millennium said it planned to carry out the scheduled work Friday aimed at improving its moisture levels and restoring the Ramapo delivery point into Algonquin to full capacity.

January 5, 2012

Transportation Notes

Tennessee lifted Wednesday an Imbalance Warning in Zones 0, L, 1, 2, 3 and 4 but continued to request that all parties match physical flow with scheduled quantities.

December 29, 2011

Transportation Notes

Tennessee lifted Wednesday a longstanding Imbalance Warning in upstream Zones 0-4 but said it continues to request that all parties match physical flow with scheduled quantities.

December 8, 2011