Hole

El Paso said during its annual bottom-hole survey and emergency shutdown/Department of Transportation inspection at the Washington Ranch Storage Facility, scheduled for Monday through Sept. 19, its “operational flexibility will be extremely limited as no injection or withdrawal will be possible.” This is in addition to limitations from ongoing unscheduled anomaly remediations on Lines 1100, 1103 and 1110 between the Pecos River and Guadalupe compressor stations, El Paso said in an appeal to shippers asking them to stay balanced on transportation nominations during this time.

SM Energy Co. raised its guidance for 2011 and introduced plans for 2012 that surpass what analysts were expecting as company executives emphasized a sharpened focus on the Eagle Ford Shale in South Texas.

Northwest reminded customers that the operator of the Jackson Prairie storage facility on its system will be conducting an annual bottom-hole pressure test Monday through Friday of next week, during which no injections or withdrawals will be available. Northwest said it will begin accepting withdrawal nominations for the Oct. 6 gas day, and injection nominations “will be accepted as space becomes available in the facility. In order for Northwest to maintain its storage account balance, it is critical that customers do not draft the system on the days leading up to the test.” The pipeline asked that customers stay on rate during the outage as it “will have very limited operational flexibility due to the Jackson Prairie test and the anomaly work being performed between the Muddy Creek and Kemmerer compressor stations.”

A district court judge in Washington, DC has blown a major hole in a lawsuit brought by a coalition of 18 Midwest municipal gas utilities accusing five major natural gas companies of engaging in activities to “control and unlawfully” raise the price of gas in the United States in restraint of trade or commerce.

A district court judge in Washington, DC has blown a major hole in a lawsuit brought by a coalition of 18 Midwest municipal gas utilities accusing five major natural gas companies of engaging in activities to “control and unlawfully” raise the price of gas in the United States in restraint of trade or commerce.

No one likes a dry hole, whether it was drilled for oil, gas or water. Some residents of Parker County, TX, say their water wells are running dry because of all the water that’s being pumped from their aquifer to produce natural gas from the Barnett Shale. However, the region also has experienced a great deal of urban development, and that, too, drains the aquifer as more residents and businesses tap the water supply. And there’s also been a drought.

No one likes a dry hole, whether it was drilled for oil, gas or water. Some residents of Parker County, TX, say their water wells are running dry because of all the water that’s being pumped from their aquifer to produce natural gas from the Barnett Shale. However, the region also has experienced a great deal of urban development, and that, too, drains the aquifer as more residents and businesses tap the water supply. And there’s also been a drought.

Berkshire Hathaway Inc. (BHI) has $15 billion burning a hole in its pocket to invest in the energy industry and there is $100 billion of other investors’ money “waiting on the sidelines” to see if Congress passes a broad energy bill this year that repeals the Public Utility Holding Company Act (PUHCA), MidAmerican Energy’s David Sokol told a natural gas strategy conference in Denver last week.

Berkshire-Hathaway has $15 billion burning a hole in its pocket to invest in the energy industry and there is $100 billion of other investors’ money “waiting on the sidelines” to see if Congress passes a broad energy bill this year, which includes repeal of the Public Utility Holding Company Act (PUHCA), MidAmerican’s David Sokol told a natural gas strategy conference in Denver this week.