Operate

ChevronTexaco (CVX) has applied to the U.S. Coast Guard for a deepwater port license in an ambitious scheme to construct and operate a liquefied natural gas (LNG) receiving and regasification terminal in the U.S. Gulf of Mexico (GOM), which could be operational as soon as 2006.

Duke Energy Gas Transmission (DEGT) received National Energy Board (NEB) authorization to operate its expanded Fort Nelson natural gas processing plant in northeastern British Columbia. The expansion added 88 MMcf/d of processing capacity, bringing total capacity to 878 MMcf/d. The plant processes gas from fields in the Fort Nelson area, the southern Northwest Territories and the Yukon.

Duke Energy Gas Transmission (DEGT) received National Energy Board (NEB) authorization to operate its expanded Fort Nelson natural gas processing plant in northeastern British Columbia. The expansion added 88 MMcf/d of processing capacity, bringing total capacity to 878 MMcf/d. The plant processes gas from fields in the Fort Nelson area, the southern Northwest Territories and the Yukon.

The Federal Energy Regulatory Commission issued a certificate Wednesday to SG Resources Mississippi LLC. (SGRM) to build and operate a new high-deliverability salt dome gas storage facility in Greene County, MS.

El Paso Energy Partners, L.P. (EPN) announced last Wednesday that it will build and operate a new 16-inch pipeline to gather natural gas production from the Red Hawk field located in the Garden Banks area of the central Deepwater Trend of the Gulf of Mexico.

The Federal Energy Regulatory Commission issued a certificate Wednesday to SG Resources Mississippi LLC. (SGRM) to build and operate a new high-deliverability salt dome gas storage facility in Greene County, MS.

El Paso Energy Partners, L.P. (EPN) announced Wednesday that it will build and operate a new 16-inch pipeline to gather natural gas production from the Red Hawk field located in the Garden Banks area of the central Deepwater Trend of the Gulf of Mexico.

A unit of BP PLC has submitted an application with the Washington State Energy Facility Site Evaluation Council to construct and operate a 720 MW, natural gas-fired cogeneration facility in the state. Of note, BP Westcoast Products LLC is not closing the door on bringing in another company to participate in the management, development and construction of the plant in exchange for an equity interest once BP Westcoast obtains a permit.

Pioneer Natural Resources Co. will operate its first deepwater Gulf of Mexico project, after picking up an additional 30% working interest in the Falcon field development and acreage in the deepwater Gulf of Mexico for $55 million, it said Tuesday. The Dallas-based independent also signed an agreement to purchase the assets and remaining 23% of the rights it doesn’t already own in its core area West Panhandle Field in Texas. The company is in final negotiations on another agreement to acquire the related West Panhandle field gathering system for a total of $138 million. To fund the acquisitions, Pioneer will publicly offer and sell 10 million newly issued shares of its common stock.