Force

Enterprise Product Partners LP’s High Island Offshore System LLC (HIOS) has continued a force majeure at its HIA-264 compressor complex in the Gulf of Mexico (GOM) where an equipment fire last week (see Daily GPI, Aug. 6) caused “significant damage to compression, power generation, communications and other facilities,” the company said. The HIOS compression facilities will be unavailable for service for an indefinite period.

Pacific Gas & Electric allowed a systemwide high-inventory OFO that had been in effect for the previous two days to expire Saturday.

Transwestern declared a force majeure Friday for Unit 5 at its P-3 Compressor Station. Panhandle Lateral capacity has been reduced from 253,000 MMBtu/d to about 180,000 MMBtu/d, Transwestern said. Interconnects with five other pipes are affected until the P-3 unit is returned to service, which is expected to be May 16.

Southern Natural Gas said its shut-in test of the Muldon (MS) Storage Field from Tuesday through April 20 constitutes a force majeure event and it will reduce CSS customers’ injection and withdrawal quotas on a pro rata basis during the test. See the bulletin board for details.

CIG canceled Wednesday the force majeure that it had declared Feb. 25 at Kim Compressor Station near the Picketwire Constraint point (PWC) in southern Colorado following an unforeseen mechanical outage of one compressor unit. Capacity at PWC was restored to 414 MMcf/d from 355 MMcf/d, CIG said.

Rockies Express said it was lifting Monday the force majeure that it had issued Sunday at its booster facility located at the Wamsutter Echo Springs interconnect in Sweetwater County, WY.

Nautilus Pipeline shut in its system at Ship Shoal 207 and declared force majeure Sunday after discovering a leak. The pipeline said its initial investigation indicated that an anchor dragged across the system caused the damage. As of Sunday Nautilus nominations needed to be redirected to other available markets until further notice, a bulletin board posting said.

The drop in natural gas and oil prices in 2008 will force many exploration and production (E&P) companies to write off a “huge” amount of reserves, Raymond James & Associates Inc. energy analysts said last week.

The drop in natural gas and oil prices in 2008 will force many exploration and production (E&P) companies to write off a “huge” amount of reserves, Raymond James & Associates Inc. energy analysts said Tuesday.