The Wyoming Oil and Gas Conservation Commission has approved 20-acre-density drilling of Lance Pool wells on Questar’s Pinedale Anticline acreage in southwestern Wyoming. The decision allows the company to drill more than 100 additional wells and could lead to a significant expansion of its gas reserves, which prompted some analysts to boost their stock price targets on the company last Wednesday.
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Questar Gets Wyoming Okay to Drill More Pinedale Wells
The Wyoming Oil and Gas Conservation Commission has approved 20-acre-density drilling of Lance Pool wells on Questar’s Pinedale Anticline acreage in southwestern Wyoming. The decision allows the company to drill more than 100 additional wells and could lead to a significant expansion of its gas reserves, which prompted some analysts to boost their stock price targets on the company Wednesday.
Houston Firm Gets Service Agreement Waiver to Proceed with Storage Project
FERC on Tuesday granted a waiver that would allow SG Resources Mississippi LLC to build a high-performance underground natural gas storage facility in Mississippi without first executing agreements for firm storage service.
Michigan Storage Facility Gets FERC OK to Sell in Interstate Markets
FERC last Wednesday granted blanket authorization for WPS-ESI Gas Storage, a Hinshaw facility, to deliver natural gas from its storage operation in Michigan in interstate commerce to help satisfy the appetite of gas-fired power generators in the region.
Michigan Storage Facility Gets FERC OK to Sell in Interstate Markets
FERC on Wednesday granted blanket authorization for WPS-ESI Gas Storage, a Hinshaw facility, to deliver natural gas from its storage operation in Michigan in interstate commerce to help satisfy the appetite of gas-fired power generators in the region.
Southern Natural Gets More Time to Finish Phase II Expansion
FERC last Tuesday gave Southern Natural Gas about a five-month reprieve to complete and put into service its Phase II pipeline looping and compression facilities to meet the expanding natural gas demand of industrial and power generation customers in the Southeast.
Southern Natural Gets More Time to Finish Phase II Expansion
FERC on Tuesday gave Southern Natural Gas about a five-month reprieve to complete and put into service its Phase II pipeline looping and compression facilities to meet the expanding natural gas demand of industrial and power generation customers in the Southeast.
Weather Load Still Elusive, But Rally Gets Stronger
Except for 90-degree-plus high temperatures in parts of the West, fundamental weather demand remained subpar in most markets Thursday. Yet cash prices managed to solidify and strengthen the mild rally that had begun the previous day.
Northwest Natural Gets 6.5% Rate Hike
State of Washington regulators late Wednesday announced that they unanimously approved a rate settlement with Portland, OR-based Northwest Natural Gas Corp. that includes an average 6.5% residential rate increase, effective July 1. The decision affects the gas utility’s 54,000 residential and business customers in the southwestern part of the state.
Saltville Gets FERC Certificate, But Must Redesign Rates
Saltville Gas Storage Co. received a certificate under Section 7(c) of the Natural Gas Act (NGA) from FERC last Monday for operation of its high-deliverability gas storage field in southwestern Virginia. However, FERC said its “novel” rate design must be entirely scrapped and new rates must be filed in 30 days with an effective date a month later.