Outlines

FERC last Wednesday refined a final rule issued earlier this year that outlines the open season steps potential sponsors must follow when allocating transportation capacity on a long-line system stretching from Alaska’s North Slope to markets in the Lower 48 states.

Updating its reserves and its production guidance going forward, XTO Energy Inc. said recently that it expects proved reserves at year-end 2003 to exceed 4.1 Tcfe. The company added that its reserve volumes imply a finding and development cost for the year, including acquisitions, of less than $1.10/Mcfe.

Updating its reserves and its production guidance going forward, XTO Energy Inc. said Friday that it expects proved reserves at year-end 2003 to exceed 4.1 Tcfe. The company added that its reserve volumes imply a finding and development cost for the year, including acquisitions, of less than $1.10/Mcfe.

Natural gas price volatility for ultimate consumers can be mitigated by distribution companies to some degree, but there is no way to totally mask the volatility engendered by short supplies for the next three to five years, according to an American Gas Association (AGA) paper issued last Thursday.

Natural gas price volatility for ultimate consumers can be mitigated by distribution companies to some degree, but there is no way to totally mask the volatility engendered by short supplies for the next three to five years, according to an American Gas Association (AGA) paper issued Thursday.

Continuing on with its 2003 exploration and production strategy despite a few recent company speed-bumps, Anadarko Petroleum Corp. announced a natural gas discovery at its Jubilee prospect in the Eastern Gulf of Mexico. The Atwater Valley 349 No. 1 well is the first well drilled in Anadarko’s Eastern Gulf of Mexico exploration program.

Continuing on with its 2003 exploration and production strategy despite a few recent company speed-bumps, Anadarko Petroleum Corp. announced a natural gas discovery at its Jubilee prospect in the Eastern Gulf of Mexico. The Atwater Valley 349 No. 1 well is the first well drilled in Anadarko’s Eastern Gulf of Mexico exploration program.

While falling well short of their 72% increase since 1990, Canadian natural gas supplies can still grow over the next two decades, the National Energy Board says in a new effort to map out the industry’s future.

While falling well short of their 72% increase since 1990, Canadian natural gas supplies can still grow over the next two decades, the National Energy Board says in a new effort to map out the industry’s future.