Florida Gas Transmission has canceled an Overage Alert Day for market-area customers.
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Tennessee said due to the anticipated return of colder weather to its market area, an OFO Action Alert will be implemented Friday for all Balancing Parties in downstream Zones 4, 5 and 6. They will be required to maintain an actual daily flow rate not exceeding 2% of scheduled quantities or 500 Dth, whichever is greater, for underdeliveries into the system and overtakes from the system.
Shale Gas Boom in India? First Well Completed
With the booming U.S. industry players keeping a close eye out for the opening of global markets, India reported completing its first shale gas well Tuesday as some observers of the Indian energy space speculate that the nation may have its largest natural gas deposits locked in shale. U.S. oilfield services provider Schlumberger drilled India’s first well.
Southern said a Type 6 OFO for short imbalances that was implemented Sunday will remain in effect through Wednesday but is unlikely to be extended into Thursday.
Arkansas to Require Frack Fluid Disclosure
In a unanimous vote, Arkansas regulators have agreed to give the public access to the ingredients of hydraulic fracturing (frack) fluid used to stimulate wells in their state, but they can’t have the recipe. The new rule will apply to wells permitted after Jan. 15.
After lifting the rest of an OFO Action Alert for its six furthest upstream zones Tuesday, Tennessee said a new one with systemwide impact would be implemented Sunday. It cited limited operational flexibility, mild weather and upcoming Hebron/Ellisburg storage field tests as reasons for the OFO, which requires affected shippers to not exceed a tolerance of 2% of scheduled quantities or 500 Dth, whichever is greater, for overdeliveries into the system and undertakes from the system.
U.S., Foreign Regulators Seek to Mesh Financial Reform Rules
The Commodity Futures Trading Commission (CFTC) is working “very closely” with international regulators to ensure that financial reforms that are implemented in the United States are consistent with those in foreign markets, said Chairman Gary Gensler.
Florida Gas Transmission kept an Overage Alert Day, implemented Friday, in place through Saturday before ending it Sunday.
Tennessee lifted Sunday a systemwide OFO Action Alert that it had implemented Saturday to control positive imbalances.
New regulations to be implemented in Wyoming by mid-month will give the public more access information about the chemicals used in drilling operations by the natural gas and oil industry. The Wyoming Oil and Gas Conservation Commission (WOGCC) does not plan to compile and present the information to the public, but the information would be available on the website, officials said. Under the new regulations, operators would have to disclose information that would be listed on a well-by-well basis. The disclosures would allow the public to know “exactly” what an operator has pumped into a well if it is hydraulically fractured and would know what the discharges are composed of once well stimulations are completed, said Commission Supervisor Tom Doll.