The Williams Cameron Meadows gas processing plant in southern Louisiana returned to service at partial capacity of 300 MMcf/d. Williams said it began start-up operations at the plant last week, which has been out of service since Hurricane Rita, but cautioned that spot outages are possible over the next several days.
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NGPL Seeks Waiver to Offset Impact of Maintenance, Testing-Related Capacity Cuts in ’06
Natural Gas Pipeline Company of America (NGPL) has petitioned FERC to grant a partial waiver of the secondary point rights in its tariff to help offset the impact on pipeline shippers of planned capacity reductions that will occur on a segment of its Gulf Coast Line due to maintenance, testing and other activities during the first half of 2006.
Burlington Partially Returns Gas Production from Madden Field in WY
Burlington Resources Inc. reported the partial resumption of natural gas production from the Madden Field in Wyoming. Production has resumed from two of the six Madden Deep wells, and the Train II unit at the Lost Cabin Processing Plant has restarted, the company said. The wells are flowing at 65 MMcfe/d, yielding plant natural gas output of 40 MMcfe/d.
Burlington Partially Returns Gas Production from Madden Field in WY
Burlington Resources Inc. reported the partial resumption of natural gas production from the Madden Field in Wyoming. Production has resumed from two of the six Madden Deep wells, and the Train II unit at the Lost Cabin Processing Plant has restarted, the company said. The wells are flowing at 65 MMcfe/d, yielding plant natural gas output of 40 MMcfe/d.
UBSWenergy.com Goes Live with Financial Energy Offerings
UBS Warburg Energy started financial energy trading operations last week and completed a partial reincarnation of EnronOnline — now called UBSWenergy.com. The web site was up and running Monday with financial North American natural gas and power products being offered. A spokeswoman said physical products would be made available as soon as UBS is able to complete transportation agreements with gas pipelines and FERC approves the company’s market-based trade authority for power sales.
UBSWenergy.com Goes Live with Financial Energy Offerings
UBS Warburg Energy said it has started energy trading operations and completed a partial reincarnation of EnronOnline — now called UBSWenergy.com. The web site was up and running Monday with financial North American natural gas and power products being offered, and a spokeswoman said physical products will be made available soon, following regulatory approval.
Five Gas Research Projects Get DOE Funding
Five natural gas projects valued at more than $7 million willget partial funding from the U.S. Department of Energy, which willspend $4.7 million to fund innovations in the industry. Theprojects include a 3D seismic imaging study on deep water hydratesin the Gulf of Mexico and another on tools that will drill inarctic conditions.
Five Gas Research Projects Get DOE Funding
Five natural gas projects valued at more than $7 million willget partial funding from the U.S. Department of Energy, which willspend $4.7 million to fund innovations in the industry. Theprojects include a 3D seismic imaging study on deep water hydratesin the Gulf of Mexico and another on tools that will drill inarctic conditions.
El Paso’s Partial Capacity Segmentation Plan Under Fire
A capacity segmentation tariff filing by El Paso Natural Gas is”yet one more stonewalling attempt on El Paso’s part to avoidcompliance with [FERC] rules and regulations,” Indicated Shipperstold the Commission last week.
Softer Prices Likely to Rebound Following Screen’s Spike
Prices softened as expected Wednesday in response to partialabatement of the heat wave that plagued the Northeast and MiddleAtlantic earlier this week. But based on the sharp spike in futuresfollowing the afternoon release of AGA’s storage report, sourcesshowed no hesitation in saying they expect cash to return to anupward direction today.