Prices skyrocketed at all points Monday as continuing (and widespread) cold weather combined with a half-dollar-plus leap Friday by February futures to bolster the cash market. Just like last week, Northeast citygates saw instances of increases surpassing a dollar, although Monday’s gains fell far short of the triple-digit gains on the Tuesday following Martin Luther King Jr. Day, which carried four Northeast averages into $10-plus territory.
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2Q Prices, Production Rise for Rockies Player Bill Barrett Corp.
Denver-based Bill Barrett Corp. saw its production leap 42% from the second quarter of 2005 to 12.2 Bcfe in the second quarter of 2006, or an average of 134 MMcfe/d. For the first six months of 2006 production increased 49% over the year-ago period to 25.3 Bcfe.
August 14, 2006
Bill Barrett Boosts Production, Prices in Second Quarter
Denver-based Bill Barrett Corp. saw its production leap 42% from the second quarter of 2005 to 12.2 Bcfe in the second quarter of 2006, or an average of 134 MMcfe/d. For the first six months of 2006 production increased 49% over the year-ago period to 25.3 Bcfe.
August 9, 2006
Pogo Boosts Proven Reserves by 45% with Northrock Purchase
Houston-based independent Pogo Producing Co. took a huge strategic leap on Monday, announcing it will purchase Unocal Corp.’s Canadian subsidiary Northrock Resources Ltd. for $1.8 billion in cash. The transaction will boost Pogo’s proven reserves by an estimated 45%.
September 28, 2005
Crosstex Doubles Pipeline Miles, Capacity with $76M Purchase of LIG from AEP
Crosstex Energy LP took a big leap forward in its Gulf Coast midstream and pipeline expansion plans with the purchase of Louisiana Interstate Gas (LIG) from American Electric Power for $76.2 million.
February 23, 2004
Crosstex Doubles Pipeline Miles, Capacity with $76M Purchase of LIG from AEP
Crosstex Energy LP took a big leap forward in its Gulf Coast midstream and pipeline expansion plans with the purchase of Louisiana Interstate Gas (LIG) from American Electric Power for $76.2 million.
February 18, 2004
Attorney Recommends Pre- and Post-Enforcement Strategies for Energy Companies
Energy trading companies should leap into action with “an aggressive compliance program in-house,” including a regimen of standards and procedures to weed out unacceptable market behavior, a veteran attorney in the regulatory arena told the mid-year meeting of the Energy Bar Association.
December 2, 2002
Attorney Recommends Pre- and Post-Enforcement Strategies for Energy Companies
Energy trading companies should leap into action with “an aggressive compliance program in-house,” including a regimen of standards and procedures to weed out unacceptable market behavior, a veteran attorney in the regulatory arena told the mid-year meeting of the Energy Bar Association.
November 26, 2002
Southern Completes Largest Generation Purchase
Southern Energy Inc. took a giant leap into the Mid-Atlanticpower market yesterday by completing the purchase of 5,154 MW ofpower generation from Potomac Electric Power Company (Pepco) for anet price of $2.65 billion.
December 20, 2000
Cash Market Keeps Climbing, Oblivious to Screen Dive
Cash prices continued to leap higher Tuesday even though futurestraders decided it was time for major retrenchment. Gains were indouble digits at almost all points, but tended to range from littlemore than a dime on Rockies pipes and in El Paso’s Permian and SanJuan Basin pools to around 50 cents or more in capacity-constrainedCalifornia.
August 23, 2000
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