Following in the footsteps of its affiliates, Gulf Crossing Pipeline Co. LLC Wednesday proposed adding an enhanced service to its tariff to serve the growing natural gas demand of power generators, industrial customers and local distribution companies (LDC).
Footsteps
Articles from Footsteps
Cabot Cutting Marcellus Spending 20%
Following in the footsteps of other major Marcellus Shale operators, Cabot Oil & Gas Corp. plans to reduce capital spending by about $100 million this year in response to low natural gas prices.
House Lawmakers, Director Put Focus on Hydrofracking
The Gasland documentary film continues to dog the footsteps of the natural gas industry (see Shale Daily, Feb. 16). The film’s director Josh Fox and actor-turned-activist Mark Ruffalo flanked Reps. Maurice Hinchey (D-NY), Rep Jared Polis (D-CO) and Rep. Rush Holt (D-NJ) Thursday as they announced plans to reintroduce legislation to regulate the practice of hydraulic fracturing (hydrofracking) at the federal level.
Production, Learning Curves in Contango
Pioneering shale gas producers and those following in their footsteps have come a long way in the technology and know-how department. Their growing wisdom has paid off in setting the country on a course for a new peak in gas production, according to Bentek Energy LLC CEO Porter Bennett.
Production, Learning Curves Both in Contango
Pioneering shale gas producers and those following in their footsteps have come a long way in the technology and know-how department. Their growing wisdom has paid off in setting the country on a course for a new peak in gas production, according to Bentek Energy LLC CEO Porter Bennett.
Majors Say Oil Dumping Charge Lacks Merit
Following in the footsteps of gas pipelines, major producershave asked the federal government to reject an independentproducer-backed petition that seeks to have tariffs imposed oncrude oil imports from four foreign countries accused of illegaldumping.
TX Gatherer Builds New Marketing Operation
Fort Worth-based Richardson Products Co., the marketing arm ofSid Richardson Gasoline Co., is hoping to follow the footsteps ofAquila Gas Pipeline of San Antonio, TX, into third-party gasmarketing. The company is expanding into marketing of third-partynatural gas and adding risk management products. RichardsonProducts recently grew its staff by five, four of whom come fromAquila Gas Pipeline where they started a successful third-partymarketing business. Richardson Products last year marketed 100 to130 MMcf/d of gas last year. Jim Wade, newly hired vice presidentof marketing and business development, said plans are to initiallydouble that number and then market about half a Bcf/d in the firstquarter of next year, all physical gas. Expectations are for abouta Bcf/d in financial volumes.
Unwilling to Buck Trend, October Rolls With It
The October contract began its reign as the prompt month byfollowing in the footsteps of the freshly expired Septembercontract, and in doing so, added to the declines that have markedthe futures market since the downtrend began on April 8th. Thatleft October down 5.2 cents to $1.664 on Friday, capping a 31.7cent decline for the week.