Southern said further investigation found “significant internal damage” at Hall Gate Compressor Station, and while a repair plan is being developed, the return to service date of the facility is unknown. The pipeline also said personnel were reviewing required maintenance plans at other stations in the area in an effort to minimize any further capacity impacts. For now no FT impact was anticipated and no service reductions as a result of the Hall Gate outage due to requirements exceeding capacity of an upstream compressor station have occurred. However, reductions of up to 50,000 Dth/d of available interruptible service could occur if system conditions change, Southern said.
Internal
Articles from Internal
Chesapeake Not Feeling the Love on Wall Street
Chesapeake Energy Corp. has reached its debt reduction goal, built an internal oilfield services unit to counter cost inflation and grew first quarter production 20% as it increasingly emphasized higher-value oil and natural gas liquids (NGL), CEO Aubrey McClendon enthused during an earnings conference call Tuesday. But Wall Street was not impressed.
Chesapeake Shares Fall After 1Q Results Released
Shale patch heavyweight Chesapeake Energy Corp. has reached its debt reduction goal, built an internal oilfield services unit to counter cost inflation and grew first quarter production 20% as it increasingly emphasized higher-value oil and natural gas liquids (NGL), CEO Aubrey McClendon enthused during an earnings conference call Tuesday. But Wall Street was not impressed.
Foreign Ministers Discuss Lessons of Macondo Well Blowout
The blowout of BP plc’s Macondo well and sinking of the Deepwater Horizon drilling rig nearly a year ago sent ripples around the globe, causing a number of foreign offshore producing nations take a hard look at their safety practices, particularly with respect to blowout preventers (BOP), energy ministers and officials said last Thursday.
Market Seen Higher Still; May Advances
May natural gas futures advanced Monday as traders noted favorable internal dynamics and identified higher short-term trading objectives that could take May futures up to 20 cents higher. At the close the May contract had gained 6.7 cents to $4.108 and June was up 6.9 cents to $4.176. May crude oil tumbled $2.87 to $109.92/bbl.
Marcellus Producers Struggle to Manage Ethane
The rich gas corridor of the Marcellus Shale is attracting producers even at low natural gas prices, but while most natural gas liquids (NGL) command a premium in the Northeast, the lack of ethane markets in the region is a challenge, according to several industry players.
Barclays Adds Several BP Sales Execs to Commodity Team
Barclays Capital looks to be beefing up its physical oil and natural gas market presence as the investment bank reported in an internal memo that it has hired several BP plc veterans to join its Commodities Distribution segment.
Barclays Adds Several BP Sales Execs to Commodity Team
Barclays Capital looks to be beefing up its physical oil and natural gas market presence as the investment bank reported in an internal memo that it has hired several BP plc veterans to join its Commodities Distribution segment.
May Jumps 15.2 Cents; Analysts Suggest Lack of Long-Term Sellers
May natural gas futures rose as traders demonstrate internal market dynamics pointing to at least a market bottom if not higher prices. At the close Tuesday May futures were up 15.2 cents to $4.160 and June added 14.2 cents to $4.253. May crude oil slipped 29 cents to $84.05/bbl.
May Jumps 15.2 Cents; Analysts Suggest Lack of Long-Term Sellers
May natural gas futures rose as traders demonstrate internal market dynamics pointing to at least a market bottom if not higher prices. At the close Tuesday May futures were up 15.2 cents to $4.160 and June added 14.2 cents to $4.253. May crude oil slipped 29 cents to $84.05/bbl.