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Gas-Directed Drilling Continues To Hold 80% of the Total

The industry’s hunt for natural gas has gone way beyond thesearch for oil and shows no signs of letting up. Gas directeddrilling has held a solid 80% of all U.S. drilling by rotary rigssince mid-July. And last week the number of rotary rigs drillingfor gas leaped to 609 from 579 the week prior, while total rigsrose to 750 from 721, the largest weekly gain since Nov. 28, 1997,according to Baker Hughes. Oil-directed drilling declined duringthe week by one rig to 139.

October 25, 1999

PNGTS Holds Open Season for HubLine

Portland Natural Gas Transmission System will hold an openseason from Oct. 1 to Oct. 22 on its PNGTS Pipeline to elicitinterest regarding new transportation services such as access to aninterconnect with Algonquin’s HubLine project, and consequently, tothe lucrative Boston power generation market.

September 30, 1999

FERC Wants Half-Day Conference On Independence, MarketLink

The Federal Energy Regulatory Commission (FERC) announced lastweek it wants to hold a half-day public conference Sept. 29 toaddress the “steady flow” of Congressional inquiries into theIndependence and MarketLink pipeline projects. The conference willbe used to gather “supplemental information” on the market need forthe projects but the Commission said it does not intend to reopenthe record on them.

September 20, 1999

Half-Day Conference Slated for Independence, MarketLink

FERC announced yesterday it wants to hold a half-day publicconference Sept. 29 to address the “steady flow” of Congressionalinquiries into the Independence and MarketLink pipeline projects.The conference will be used to gather “supplemental information” onthe projects, but the Commission said it does not intend to reopenthe record on them.

September 16, 1999

Probe Sought of Southern LNG’s Open Season

FERC has been asked to place an immediate hold on Southern LNGInc.’s applications to reactivate and upgrade its mothballedliquefied natural gas (LNG) storage and send-out facility on ElbaIsland in Georgia, pending the outcome of a probe being requestedinto the company’s open-season procedures.

August 23, 1999

Probe of Open Season for Elba Island LNG Capacity Sought

FERC has been asked to place an immediate hold on Southern LNGInc.’s applications to reactivate and upgrade its mothballedliquefied natural gas (LNG) storage and send-out facility on ElbaIsland in Georgia, pending the outcome of a probe into thecompany’s open-season procedures.

August 19, 1999

Millennium Opposes Conference Bid

The joint request of Texas Eastern Transmission (Tetco) andAlgonquin Gas Transmission (AGT) for FERC to hold a conference toreview alternatives to the proposed Millennium Pipeline and otherprojects is an attempt to block new pipeline competition in theNortheast and should be rejected outright, Millennium said.

August 13, 1999

Battle For Southwest Gas Rages in Court

Oneok Inc. of Tulsa, OK, last week filed to hold Southern Union in contempt for violating an injunction preventing it from attempting to influence a shareholder vote on the merger of Oneok and Southwest Gas Corp.

August 9, 1999

Battle For Southwest Gas Rages On

Oneok Inc. of Tulsa, OK, filed to hold Southern Union incontempt for violating a federal preliminary injunction preventingit from attempting to influence a shareholder vote on the merger ofOneok and Southwest Gas Corp.

August 4, 1999

CPUC Finds 10 Areas Requiring More Gas Restructuring

California energy regulators last week identified 10 items forpotential natural gas industry restructuring, most of which dealwith wholesale or large customer operations. State regulators alsoencouraged utilities and large customers to cease their bickeringand come up with a broad-based settlement on gas unbundling.

July 12, 1999