Tennessee declared a force majeure event of an unspecified nature Friday for the 26-inch diameter 523M-100 line south of Cocodrie, LA. Tennessee said it has isolated the pipe section and is in the process of lowering the pressure for further analysis. Five Ship Shoal and two South Pelto meters were required to shut in, but Tennessee said it is allowing associated nominations to remain in place at this time.
Nature
Articles from Nature
AGA Urges FERC Not to Adopt Hinshaw Capacity-Release Program
Additional regulatory requirements on Hinshaw pipelines, particularly a capacity release program, are unnecessary given the limited nature of the jurisdictional transactions in which they engage, the American Gas Association (AGA) told FERC.
AGA Urges FERC Not to Adopt Hinshaw Capacity-Release Program
Additional regulatory requirements on Hinshaw pipelines, particularly a capacity release program, are unnecessary given the limited nature of the jurisdictional transactions in which they engage, the American Gas Association (AGA) told FERC.
Encana: No Commercial Gas in First Wells in Luzerne County, PA
Encana Oil & Gas (USA) Inc. and a drilling partner are packing up and moving operations out of two Pennsylvania counties after determining that the first natural gas wells drilled in Luzerne County, PA, “were unlikely to produce natural gas in commercial quantities.”
Analyst: Haynesville to Stay Strong Despite Shift to ‘Oilier’ Plays
Is the bloom coming off the Haynesville Shale rose because of its drier-gas nature, with a few producers announcing recently they will be refocusing exploration and production (E&P) efforts into “oilier” plays such as Eagle Ford in South Texas (see Shale Daily, Nov. 5; Nov. 4; Oct. 7)?
Lawmakers Hear Tale of ‘Greed and Fear’ With a Bit of Loathing
Regulators of energy commodities markets would do well to take a page from An Inquiry into the Nature and Causes of the Wealth of Nations in which 18th century economist Adam Smith writes of “the invisible hand” as a beneficial consequence of free markets, a witness told a Senate subcommittee last Wednesday. “It’s been often quoted; it’s been seldom read,” said Robert McCullough of McCullough Research.
Lawmakers Hear Tale of ‘Greed and Fear’ Spiked with Loathing
Regulators of energy commodities markets would do well to take a page from An Inquiry into the Nature and Causes of the Wealth of Nations in which 18th century economist Adam Smith writes of “the invisible hand” as a beneficial consequence of free markets, a witness told a Senate subcommittee Wednesday. “It’s been often quoted; it’s been seldom read,” said Robert McCullough of McCullough Research.
NERC Gives Thumbs-Up to Winter Capacity Margins
Even if mother nature plans to be unusually harsh on North America this winter, the North American Electric Reliability Council (NERC) said power customers can rest easy because power generation capacity margins are “adequate.”
Winter Gas Prices Remain at Whim of Mother Nature
With mother nature largely in control of the natural gas market, forecasting prices can be a real headache. Winter Henry Hub prices (November-March), for example, could average anywhere from $4 to $11.50, depending on whether temperatures are 13% warmer than normal or 12% colder than normal this winter, Energy and Environmental Analysis Inc. (EEA) said in its latest Monthly Gas Update. EEA’s best guess is an $8.48 winter average at the hub.
Winter Gas Prices Remain at Whim of Mother Nature
With mother nature largely in control of the natural gas market, forecasting prices can be a real headache. Winter Henry Hub prices (November-March), for example, could average anywhere from $4 to $11.50, depending on whether temperatures are 13% warmer than normal or 12% colder than normal this winter, Energy and Environmental Analysis Inc. (EEA) said in its latest Monthly Gas Update. EEA’s best guess is an $8.48 winter average at the hub.