Mountain

El Paso Corp. is considering additional Rocky Mountain natural gas pipeline projects, but instead of the west-to-east route, it may well consider additional capacity to California markets, the company’s pipeline chief said last week. To that end, the company launched an initial public offering for a master limited partnership (MLP) to hold some of its pipe interests.

El Paso Corp. is considering additional Rocky Mountain natural gas pipeline projects, but instead of the west-to-east route, it may well consider additional capacity to California markets, the company’s pipeline chief said Tuesday.

While many a Rocky Mountain region producer has bemoaned the basis blowouts of 2007, Williams has been able to turn the pipeline capacity constraint situation there to its advantage.

Growing wellhead deliverability and flat-to-intermittent regional natural gas export capacity continue to bedevil Rocky Mountain producers, but it remains to be seen whether the Rockies Express (REX) Pipeline will turn out to be the “basis savior” some expect, an energy consultant said last week.

Growing wellhead deliverability and flat-to-intermittent regional natural gas export capacity continue to bedevil Rocky Mountain producers, but it remains to be seen whether the Rockies Express (REX) Pipeline will turn out to be the “basis savior” some expect, said Pace Global Energy Services.

Questar is conducting an open season through Oct. 12 to solicit interest in a new pipeline to meet the needs of Rocky Mountain natural gas producers in eastern and central Utah and western Colorado, including the Uinta, Piceance and Rio Blanco areas.

Questar is conducting an open season through Oct. 12 to solicit interest in a new pipeline to meet the needs of Rocky Mountain natural gas producers in eastern and central Utah and western Colorado, including the Uinta, Piceance and Rio Blanco areas.

To finance its Rocky Mountain exploration and pay down debt, Newfield Exploration Co. Thursday agreed to sell all of its natural gas-heavy properties in the shallow waters of the Gulf of Mexico (GOM) to McMoRan Exploration Co. for $1.1 billion. Newfield, which plans to keep its deepwater leases, said the sale was one of several divestitures planned over the next few months.

The former CEO of Rocky Mountain Energy Corp. (RMEC) was indicted Friday in Houston on 10 counts of securities fraud and three counts of making false or misleading statements in Securities and Exchange Commission (SEC) filings in 2002 and 2003.