Conservative exploration and development strategies andacquisitions, coupled with a growing demand for energy, enabled theworld’s largest oil and gas companies to reduce reserve replacementcosts 14% from a year ago, and dramatically increase net profits— by as much as 900%, according to an analysis by energyresearch firm John S. Herold Inc.
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Articles from Growing
Trailblazer Eyes Powder River Supplies
Trailblazer Pipeline is planning an expansion project and apotential extension to serve growing production in the Powder Riverbasin in Wyoming. The pipeline last week started an open season totest the market for both projects.
Gas Pipes Urged to Learn from Bellingham
Electric generation’s growing appetite for natural gas ispropelling rapid changes in the gas industry’s traditional businesspractices that will pose greater challenges to pipeline safety,says the chairman of the INGAA Pipeline Safety Task Force.
Transportation Notes
To curb growing linepack, NOVA changed its daily imbalancetolerance range to +2%/-18% at noon Tuesday.
Lateral Proposed for Expanding NV Market
Tuscarora Gas Transmission is seeking FERC authority to build a16.4-mile, 10,000 Dth/d lateral to meet the growing winter gasneeds of LDC affiliate Sierra Pacific Power Co. (SPPC) in thenorthern and western sections of Nevada.
Coralconnect.com Adds Weather Forecasts
Coral Energy’s growing e-business website, coralconnect.com, will useWeathermarkets.com to give its 2,000-plus current users specializedenergy weather information. The newest addition to the site will offerNorth American forecast graphics for heating and cooling degree days,current and forecast surface conditions and winter weather, as well asEuropean degree days, Scandinavian temperature and precipitationinformation and worldwide sea conditions.
Lateral Proposed for Expanding NV Market
Tuscarora Gas Transmission is seeking FERC authority to build a16.4-mile, 10,000 Dth/d lateral to meet the growing winter gasneeds of LDC affiliate Sierra Pacific Power Co. (SPPC) in thenorthern and western sections of Nevada.
Coralconnect.com Adds Weather Forecasts
Coral Energy’s growing e-business website, coralconnect.com,will use Weathermarkets.com to give its 2,000-plus current usersspecialized energy weather information. The newest addition to thesite will offer North American forecast graphics for heating andcooling degree days, current and forecast surface conditions andwinter weather, as well as European degree days, Scandinaviantemperature and precipitation information and worldwide seaconditions.
Sempra to Provide Power To Utility.com Customers
Utility.com has signed up Sempra Energy Trading to become the preferred wholesale natural gas provider behind the growing retail energy and communications website.
Sempra to Provide Power to Utility.com Customers
Utility.com has signed up Sempra Energy Trading to become thepreferred wholesale natural gas provider behind the growing retailenergy and communications website.