The GRI’s latest report indicates producers won’t run out ofwork anytime soon in the Western Canadian Sedimentary Basin (WCSB),which is estimated to have 166 Tcf in new pool potential and a 31.4Tcf reserve appreciation potential. Because of these positiveestimates, the GRI said the region could surpass 8 Tcf ofproduction by 2015.
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GRI: Unfound Treasures Still in Western Canada
The GRI’s latest report indicates producers won’t run out ofwork anytime soon in the Western Canadian Sedimentary Basin (WCSB),which is estimated to have 166 Tcf in new pool potential and a 31.4Tcf reserve appreciation potential. Because of these positiveestimates, the GRI said the region could surpass 8 Tcf ofproduction by 2015.
Gas Takes Big Strides Worldwide
Gas wins big in the Energy Information Administration’s latestInternational Energy Outlook. The forecast calls for worldwide gasconsumption to increase 104% by 2020 from 1997 levels. Natural gasremains the fastest growing component of primary world energyconsumption.
Gas Takes Big Strides Worldwide
Gas wins big in the Energy Information Administration’s latestInternational Energy Outlook. The forecast calls for worldwide gasconsumption to increase 104% by 2020 from 1997 levels. Natural gasremains the fastest growing component of primary world energyconsumption.
Panda is the Latest Player in FL Generation Market
Panda Energy Intl. Inc. paved the way for its entrance into theFlorida generation market last week by announcing that petitionsfor determination of need have been filed with the Florida PublicService Commission to build two 1,000 MW power plants. Both plantswill cost $300 million and are expected to begin commercialoperation in May of 2003.
Dynegy, Duke Win MMS RIK Deals
Reprising their triumphs of last fall, Dynegy Marketing andTrade and Duke Energy Trading and Marketing LLC were the winningbidders in the latest auction of Gulf Coast gas transportationservices in the Minerals Management Service’s (MMS) third royaltyin-kind pilot program.
Guardian Fires Back at ANR
Wisconsin Gas fired back at the latest ANR challenge to theGuardian Pipeline project to serve the Wisconsin market. The companytook issue with an ANR press release of last week (see Daily GPI, Feb. 15). The release challenged Guardianto release detailed information about its costs and rates and said theproject was not competitive with alternatives following a presentationto a state business group.
El Paso Merchant Energy Braves the Storm
There’s no denying that El Paso Natural Gas has a bad habit ofattracting controversy, but its latest move seems a bit moremasochistic than usual.
Transportation Notes
Reflecting the spread of East Coast chill further south, FloridaGas Transmission became the latest pipe to issue an OFO Friday.Citing significant market-area demand, FGT declared an OverageAlert Day notice for the system east of Station 12 in the FloridaPanhandle. It carried a 6% tolerance for negative daily imbalances.The pipeline also said it began maintenance Friday at Station 13.Until further notice the work will limit market-area deliveries to1.43 Bcf/d. Due to customer sourcing patterns having its SouthTexas, East Texas and M-1 (24-inch line) zones scheduled close tocapacity, Texas Eastern said Friday it is allowing due-shipperimbalance gas to be taken in those segments. All other servicepoints remain closed for taking due-shipper imbalances, Tetco said.
Northern Accused of ‘End-Run’ Around FERC
Shippers on the Northern Natural Gas system called on FERC toreject the pipeline’s latest tariff proposal because they say ittries to pass off index-based rates as “discounted” rates ratherthan negotiated rates.