Lifted

Tennessee lifted a systemwide Imbalance Warning Monday but asked customers “to match physical flow with scheduled quantities and nominate all payback requests.”

Lifted by growth in its steady natural gas pipeline business and gains from the exploration unit, El Paso Corp. said last week quarterly net income rose 86% from a year ago to $147 million (21 cents/share), compared with $79 million (11 cents) in the year-ago period. Revenue rose to $1.4 billion from $1 billion.

The U.S. land market helped Weatherford International Ltd.’s earnings soar in 2Q2010, lifted by increased oilfield services work in unconventional natural gas and oil plays, the company reported Tuesday.

Raymond James & Associates Inc. last week appeared to take a step on the natural gas bull side as analysts slightly lifted their 2010 forecast for U.S. natural gas prices to $4.50/Mcf from $4.25.

Raymond James & Associates Inc. on Monday appeared to take a step on the natural gas bull side as analysts slightly lifted their 2010 forecast for U.S. natural gas prices to $4.50/Mcf from $4.25.

The Energy Information Administration (EIA) last week lifted its forecast on Henry Hub natural gas spot prices for 2010 from a month ago, expecting them now to average $4.70/MMBtu, which is 75 cents above 2009’s average price and 22 cents more than government forecasters predicted in June.

The Energy Information Administration (EIA) on Wednesday lifted its forecast on Henry Hub natural gas spot prices for 2010 from a month ago, expecting them now to average $4.70/MMBtu, which is 75 cents above 2009’s average price and 22 cents more than government forecasters predicted in June.

ANR Pipeline said it has completed maintenance on its Sandwich compressor station and has lifted capacity restrictions on its Southwest Mainline

Rockies Express said it lifted a force majeure Thursday for its booster facility at the Wamsutter Echo Springs interconnect in Sweetwater County, WY.