Foot

Pogo Producing Co. announced two transactions last week that have it pulling one foot out of the Gulf of Mexico and planting it in the Permian and Anadarko basins.

Starting off on the wrong foot, Republican and Democratic congressional conferees directed to come up with a comprehensive energy bill reached the end of their first week of negotiations deeply divided over how to proceed in the second and third weeks. In addition, Senate leader Pete Domenici, R-NM, said he would stand by his deal to hold off FERC standard market design (SMD) action through 2006, and the administration published its energy bill wish list.

Starting off on the wrong foot, Republican and Democratic congressional conferees directed to come up with a comprehensive energy bill came to the end of their first week of conferring deeply divided over how to proceed in the second and third weeks.

Williams Energy Marketing & Trading has been ordered by FERC to refund $8 million to the California Independent System Operator (Cal-ISO) and to foot the bill for replacement service if generation plants required to serve the Cal-ISO are unavailable due to forced power outages, according to a stipulation and consent agreement adopted by the Commission Monday.

The arrival late Monday of an 860-foot liquefied natural gas (LNG) tanker in Boston Harbor — the first one to enter the port since the U.S. Coast Guard imposed a post-Sept. 11 ban on the shipments — was met with a string of security precautions that was unlike anything ever seen in Boston before.

Columbia Gulf said a heating value limit of 1,050 Btus per cubic foot on gas tendered to its system, initiated in January, will remain in effect at least until the end of September.

Results of the latest fracing in a relatively shallow (2,000-foot-deep) exploration well near Delano in California’s southern central valley indicate a horizontal drilling program is going to be needed to prove the potential of what Tri-Valley Oil and Gas Corp. is calling the far West’s largest natural gas field ever.

Williams Energy Marketing & Trading has been ordered by FERC to refund $8 million to the California Independent System Operator (Cal-ISO) and to foot the bill for replacement service if generation plants required to serve the Cal-ISO are unavailable due to forced power outages, according to a stipulation and consent agreement adopted by the Commission Monday.

Results of the latest fracing in a relatively shallow (2,000-foot-deep) exploration well near Delano in California’s southern central valley indicate a horizontal drilling program is going to be needed to prove the potential of what Tri-Valley Oil and Gas Corp. is calling the far West’s largest natural gas field ever.