Installed

North America, Western Europe Forecast to Dominate Offshore Pipe Market

More than 31,690 miles of pipeline are forecast to be installed over the next five years, with the North American and Western European offshore set to dominate the market, according to a study released Friday by Douglas-Westwood Ltd. The UK-based analysts said North America and Western Europe will account for more than 40% of pipe building between 2003-2007.

September 2, 2003

AGLC Sees 25% Drop in Third-Party Damage

Atlanta Gas Light Co. (AGLC) has seen a 25% drop in third party damage to its gas pipelines over the past two years thanks to a program it installed in 1999. The damage prevention program has led to greater awareness by contractors and others of the need to protect AGLC’s 55,584 miles of pipe in Georgia.

July 1, 2002

El Paso Installs New Deepwater Tension Leg Platform

El Paso Energy Partners has installed the new Prince Tension Leg Platform (TLP) facility in 1,450 feet of water on Ewing Bank Block 1003. The platform is located about 120 miles south of New Orleans and will gather and process oil and gas production from the Prince Field. It also will serve as a landing spot for future oil and gas developments in the Ewing Bank and Green Canyon areas of the deepwater trend.

August 13, 2001

El Paso Installs New Deepwater Tension Leg Platform

El Paso Energy Partners has installed the new Prince Tension Leg Platform (TLP) facility in 1,450 feet of water on Ewing Bank Block 1003. The platform is located about 120 miles south of New Orleans and will gather and process oil and gas production from the Prince Field. It also will serve as a landing spot for future oil and gas developments in the Ewing Bank and Green Canyon areas of the deepwater trend.

August 2, 2001

NEPOOL Seeks FERC Approval of Market Rule Changes

The New England Power Pool (NEPOOL) is asking FERC to allow it to change the treatment of installed capability (ICAP) transactions in order to make it easier to trade ICAP and firm energy products across control area boundaries. NEPOOL said that its proposed market rule revisions represent a significant step in facilitating inter-control area trading of ICAP, while also focusing on New England’s largest export market, New York.

July 11, 2001

Probe of New England ICAP Market Supported

New England regulators and market participants said they supportan investigation by FERC into the operation of the installedcapacity (ICAP) market in the New England Power Pool (NEPOOL)during this past April-July period.

September 26, 2000

Probe of New England ICAP Market Sought

A small Massachusetts power marketer last week called on FERC toorder the suspension of all installed capacity (ICAP) chargesbilled to participants in the New England Power Pool (NEPOOL)during the April-July period until the Commission and Department ofJustice (DOJ) have completed separate investigations into gamingcharges in the market.

September 18, 2000

Probe of New England ICAP Market Sought

A small Massachusetts power marketer has called on FERC to orderthe suspension of all installed capacity (ICAP) charges forparticipants in the New England Power Pool (NEPOOL) duringApril-July until the Commission and Department of Justice (DOJ)have completed separate investigations into gaming charges in themarket.

September 13, 2000

PanCanadian Gulf Find Similar to Auger

PanCanadian Petroleum subsidiary PanCanadian Gulf of MexicoInc., made a deep-water oil and gas discovery in the Gulf of Mexicothat it likened to Shell’s prolific Auger Field. The Llanodiscovery well, in Garden Banks Block 386 about 137 miles offshoreLouisiana, drilled to a record depth for the Gulf of 27,864 feet.The sands at Llano correlate closely to similar sands encounteredby Shell Deepwater Development in the Auger Field, less than 15miles to the southwest, containing a reported 220 million barrelsof oil equivalent reserves. Auger has reported reserves of 220million Boe with approximate production of 100,000 barrels of oiland 300 MMcf of gas per day.

June 23, 1998
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