Imbalance

Florida Gas Transmission tightened the imbalance tolerance from 15% to 5% Friday for an Overage Alert Day notice that had begun last Monday.

Pacific Gas & Electric kept a Stage 3 high-inventory OFO declared for Saturday in place through Sunday, cutting the imbalance tolerance from 1% to zero. No OFO was in effect Monday or today.

As oil and gas exploration continues in high gear mode to erase the supply/demand imbalance, Kerr-McGee Corp. reported that it has increased its international position in high potential trends by nearly 10% so far in 2001. The Oklahoma City-based company said it has acquired interests in more than 3 million additional deepwater acres around the globe.

As oil and gas exploration continues in high gear mode to erase the supply/demand imbalance, Kerr-McGee Corp. reported that it has increased its international position in high potential trends by nearly 10% so far in 2001. The Oklahoma City-based company said it has acquired interests in more than 3 million additional deepwater acres around the globe..

FERC last week denied a complaint in which several Nevadaindustrial shippers sought exemption from continual must-flowoperational flow orders (OFOs) on Northwest Pipeline’s system, andto be reimbursed for the costs of complying with those OFOs. Butthe Commission did hold out some hope for the shippers, saying itwould consider proposals to provide future relief from thepipeline’s constant OFOs.

Florida Gas Transmission issued an Overage Alert Day noticeWednesday with a daily imbalance tolerance of 15%.

As a result of near-freezing temperatures in the state ofFlorida, Florida Gas Transmission issued an Overage Alert Daynotice Friday with a 15% imbalance tolerance.

To curb growing linepack, NOVA changed its daily imbalancetolerance range to +2%/-18% at noon Tuesday.

California regulators approved a settlement last week dealingwith Pacific Gas and Electric’s imbalance procedures andoperational flow orders (OFO). The California Public UtilitiesCommission (CPUC) however, did not act on the much tougher issuesincluded in the proposed interim and comprehensive settlementsfiled earlier this year by Southern California Gas.