Notes

Transportation Notes

El Paso estimates one of the two compressor units at its Caprock(NM) Station will return to service by April 16, raising San JuanCrossover capacity to 600 MMcf/d from its current 580 MMcf/d. Itappears the other unit will remain unavailable until mid-May, thepipeline said.

April 5, 1999

Transportation Notes

Citing such factors as customer cooperation and recent storageactivity in March, ANR said it was able to rescind a Februarynotice requiring that interruptible storage customers under the MBSand DDS rate schedules draw their accounts down to a zero balanceby today. However, the pipeline added, due to abnormally highinventory balances remaining and overall operational concerns, itmust continue to limit interruptible injections “for theforeseeable future.”

April 1, 1999

Transportation Notes

El Paso said Friday its Waha (TX) GE turbine is off-line againdue to a failed coupling on the field gas compressor. If expeditedtemporary repairs over the weekend prove successful, the pipelinesaid, the unit is expected to return to service around Wednesday.Otherwise, a new coupling will be available around April 6; anothershutdown would be required for its installation. The IMLWAHA pointis limited to 65 MMcf/d during the outage.

March 29, 1999

Transportation Notes

El Paso’s Caprock (NM) Station is down for emergency maintenancethat began Tuesday and will last at least through March 31. Afterthat point one of the two compressor units should be available, thepipeline said. San Juan Crossover capacity is being limited toabout 550 MMcf/d. El Paso encouraged shippers to use theTranswestern interconnect at Window Rock (AZ) to maximize flowsfrom San Juan Basin.

March 26, 1999

Transportation Notes

Northwest Pipeline experienced a leak Tuesday afternoon on itsVancouver (WA) Lateral. There were no injuries. Preliminaryinvestigation indicates third-party damage, the pipeline said.Service was disrupted to direct industrial customer Vanalco and toindustrial customers of LDC Northwest Natural Gas in the area untilbeing restored at 11:24 p.m. PST Tuesday.

March 25, 1999

Transportation Notes

Texaco, operator of Sea Robin Processing Plant, has notified SeaRobin Pipeline that the plant will be out of service formaintenance for about six weeks starting April 1. The pipeline willnot generate LTA nominations during that period.

March 24, 1999

Transportation Notes

CNG Transmission is holding an open season to solicit interestin 45-to-60-day firm storage service available in the 2001-2002winter season. The Market Choice Storage Project offers a limitedopportunity to obtain firm market-area storage on the CNGT system.The service includes up to three turns in the winter season, noratchets if inventory stays above 35 percent, and a five-year term.Price estimates are at projected General Storage Services and FirmTransportation rate schedules. CNGT’s pipeline system has access tosupply basins in Canada, the Gulf Coast, Midcontinent, andAppalachia for storage refill opportunities. The system offers keydelivery points, such as Leidy, Oakford, Ellisburg, Nokesville,numerous LDC citygates and its North and South points. The openseason began yesterday and concludes at 5 p.m. EDT April 30. CNGanticipates rolled-in pricing under Rate Schedule GSS. Forinformation, call Joe Kienle, director of business development,(412) 787-4248.

March 23, 1999

Transportation Notes

El Paso’s Waha GE will be down for emergency maintenance at 6p.m. today through Thursday, March 25, for field gas compressorbearing replacement.

March 22, 1999

Williams Notes Soft Earnings, Disappointing Areas

Along with disappointing 3Q earnings announced by Williams camean acknowledgment by management that the company continues toachieve disappointing results in several of its businesses. Withresults reduced by energy market conditions and by pre-tax chargesand write-downs of about $70 million, or 10 cents/share, Williamsreported unaudited net income of $32.1 million, or 7 cents/share ona diluted basis, for the third quarter. This compares to unauditedrestated net income of $13.7 million, or 3 cents/share, for thesame period of 1997, a quarter in which results were reduced by 17cents/share for the cost of debt restructuring.

October 22, 1998

Transportattion Notes

Pacific Gas & Electric extended a Stage 1 Operational FlowOrder that began Thursday (see Daily GPI, June 11) through today.

June 12, 1998