High

After warning shippers Wednesday that one was possible, FloridaGas Transmission issued an Overage Alert Day notice for Thursday’sgas day due to high market-area demand. The notice has a 6%tolerance for daily negative imbalances and covers the system eastof Station 12 (Santa Rosa County in the Florida Panhandle). Thepipeline will re-evaluate conditions this morning before decidingwhether to extend the notice.

After a string of high-inventory OFOs this summer, usually onweekends but occasionally on a weekday, Pacific Gas & Electriccame up with a new wrinkle Tuesday: a low-inventory OFO takingeffect today with a 3% tolerance for negative daily imbalances. Theutility projected that its linepack would remain below targetlevels through Friday.

Pacific Gas & Electric continued a high-inventory OFO thatbegan Saturday (see Daily GPI, Aug. 16)through Monday, tightening an initial tolerance of 5% for positivedaily imbalances to 2% Sunday and then loosening it again to 5%Monday. No OFO is in effect today.

Pacific Gas & Electric issued a high-inventory OFO,effective Saturday, with 5% tolerance for positive dailyimbalances. The utility projected above-target linepack throughtoday. However, fellow California distributor SoCal Gas did nothave an OFO-like Overnominations Day in place for Saturday.

PG&E declared a system-wide OFO with a 7% tolerance with aStage I non-compliance charge of $1.00/Dth due to high inventoryfor the weekend.

PG&E declared a system-wide OFO with a 3% tolerance with aStage I non-compliance charge of $1.00/Dth due to high inventory.

For the first time in July Pacific Gas & Electric entered aweekend without having a high-inventory OFO in place. One that hadbeen declared for Friday (see Daily GPI, July 23) was not extended.However, Southern California Gas did implement an OFO-likeOvernominations Day for Saturday.

The Exploration Company (TXCO) is on a roll in Southwest Texaswith another high producer, its ninth consecutive successfulnatural gas well in the Prickly Pear (Glen Rose) Field west of SanAntonio, near the Mexican border.

Pacific Gas & Electric extended a high-inventory Stage 1 OFObegun Friday (see Daily GPI, July 9)through Saturday but loosened the tolerance for positive dailyimbalances from 5% to 21%. Above-target linepack was projectedthrough today. PG&E’s neighbor to the south, Southern CaliforniaGas, declared a similar Overnominations Day for Saturday but had a 10%imbalance tolerance.