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Kern

Cash Prices Still Rising at Nearly All Points

Flat performances at the Southern California border and the Kern Delivery point in Arizona/Nevada were the only exceptions to cash prices continuing to rise across the board Tuesday. Forecasts of Wednesday lows in the 20s and 30s (and occasionally in the teens) from the Northeast through the Midwest and Upper Plains into the Rockies kept heating load at a relatively strong level for late March, and the cash market had extra support from the previous day’s 26.4-cent increase by April futures.

March 26, 2008

Prices Weaken at All but Two Rockies Points

Kern River and CIG were left out of lower prices that pervaded the rest of the April-ending cash market Friday. Weak weather fundamentals, the 18.1-cent expiration-day fall by May futures and the hiatus of industrial load over a weekend caused all other points to record declines ranging from 2-3 cents to about 45 cents.

April 30, 2007

Transportation Notes

High line pack exists on Kern River’s entire system. Shippers and operators were asked by the pipeline Monday to stay on rate.

December 12, 2006

Transportation Notes

MRT said it will end at the start of Tuesday’s gas day a System Protection Warning that was implemented Sunday.

December 20, 2005

Transportation Notes

Kern River was reporting low linepack in all four segments Tuesday. That is a big change from much of this year when it was experiencing high linepack systemwide.

August 10, 2005

Transportation Notes

Florida Gas Transmission allowed an Overage Alert Day notice that was issued Tuesday to lapse Wednesday.

June 9, 2005

Transportation Notes

Southern California Gas declared a high-linepack OFO for Saturday with 10% tolerance for positive daily imbalances.

December 13, 2004

Transportation Notes

Southern California Gas declared a high-linepack OFO for Saturday with 10% tolerance for positive daily imbalances.

December 13, 2004

Transportation Notes

Reporting high linepack in all four segments, Kern River said Sunday it was imperative that operators take delivery of scheduled quantities and not bank any gas on the system. It also encouraged customers to schedule due-shipper delivery paybacks.

August 10, 2004

Transportation Notes

Kern River reported being informed of a force majeure situation on the Jonah Gas Gathering System behind the Opal (WY) Plant. The Jonah posting was quoted as saying the force majeure event began late Friday and continued through Monday due to a failure of the after cooler heat exchanger at the Luman #1 compressor. “Due to length of downtime, Jonah’s deliveries to Opal were below scheduled nominations” on the above dates, including Cycle III cuts for Monday’s gas day, according to the Jonah notice. Despite the Jonah producers expecting the force majeure to be extended through Thursday because of a delay in receiving the replacement unit, a spokesman for plant operator Williams Field Services said Opal operations haven’t been materially affected. The plant was expecting about 974 MMcf/d of throughput Monday, he said, which is close to the normal 1 Bcf/d or so.

May 12, 2004