Normal

Producers Adjusting to $4/MMBtu World, Says Barclays

If it’s wet, it’s hot; if it’s dry, it’s not; $4/MMBtu is the “new normal” and bigger is still better when it comes to production. That’s the crux of the industry wisdom collected by Barclays Capital analyst Michael Zenker and his team at the firm’s recent CEO Energy-Power Conference.

September 15, 2011

Transportation Notes

NOVA returned its imbalance tolerance range to the normal -4/+4 after having tightened it to -2/+4 Wednesday.

August 12, 2011

Enterprise: Mont Belvieu Returning to Full Service

Most operations at the Mont Belvieu, TX, natural gas liquids (NGL) processing plant owned and operated by Enterprise Products Partners LP (EPD) are either back to normal or soon will be, and plans for a new fractionator there remain on schedule, said EPD CEO Michael Creel.

February 18, 2011

Transportation Notes

Northern Natural Gas issued a System Overrun Limitation for Saturday through Tuesday in all market-area zones (ABC, D and EF) due to lower-than-normal system-weighted temperatures.

January 14, 2011

Transportation Notes

Related to the colder-than-normal weather forecasted in its market area, Southern Star Central has posted a list of criteria (see the bulletin board) to which shippers must adhere to prevent the pipeline from issuing a systemwide or point- or shipper-specific OFO on short notice. The restrictions are expected to remain in effect until the start of Monday’s gas day.

January 13, 2011

Transportation Notes

Referring to “significantly lower-than-normal system-weighted temperatures,” Northern Natural Gas issued a System Overrun Limitation for all market-area zones (ABC, D and EF) effective Saturday through Monday.

January 3, 2011

Transportation Notes

In anticipation of lower-than-normal temperatures continuing on its system, Northern Natural Gas declared a System Overrun Limitation (SOL) in all market-area zones for Saturday through Monday. However, the pipeline said an earlier notice about a Friday SOL had been inadvertently posted and no SOL will be in effect that day.

December 17, 2010

Transportation Notes

Citing “significantly lower than normal system-weighted temperatures,” Northern Natural Gas issued a System Overrun Limitation in all market-area zones for Saturday through Monday.

December 13, 2010

Futures Slide Lower Ahead of Pivotal Storage Report

With Tomas being further demoted from a tropical storm to a tropical depression and the industry expecting a much larger-than-normal storage injection in Thursday report for the week ending Oct. 29, natural gas futures were back to probing the downside in Wednesday’s regular trading session.

November 4, 2010

Transportation Notes

The ExxonMobil-operated Sable Offshore Energy Project (SOEP) facility returned to normal production levels for gas day Sunday, according to Spectra Energy subsidiaries Maritimes Canada and Maritimes U.S. The facility produces between 400 and 500 MMcf/d of natural gas and 20,000 b/d of natural gas liquids near Sable Island on the edge of the Nova Scotian continental shelf in eastern Canada. The SOEP planned maintenance outage, which began in early May, was originally expected to end for gas day May 11.

May 18, 2010
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