Reduced

XTO Energy Inc. reported record second quarter production last Wednesday and tipped its hat to sharply reduced drilling costs while increasing its production growth target for the year.

XTO Energy Inc. reported record second quarter production Wednesday and tipped its hat to sharply reduced drilling costs while increasing its production growth target for the year.

Sharply lower natural gas prices and reduced demand have led to a big drop in the rig count across North America, but so far at least one area has been spared: British Columbia (BC). Spurred by interest in northeastern BC, the province’s drilling rig count hit a peak fleet of 104 in February, compared with 96 for the same time a year ago.

Sharply lower natural gas prices and reduced demand have led to a big drop in the rig count across North America, but so far one area has been spared: British Columbia (BC). Spurred by interest in northeastern BC, the province’s drilling rig count hit a peak fleet of 104 in February, compared with 96 for the same time a year ago.

TGT said it reduced capacity Tuesday on the Sharon Carthage Segment in northwest Louisiana and at Texas Eastern (location 2757) to 500,000 MMBtu/d due to unscheduled maintenance at Sharon (LA) Compressor Station. TGT tentatively estimates that the maintenance will be completed by the start of Saturday’s gas day.

After climbing nearly 35 cents on reduced trading volume Friday, traders added another dime to the February natural gas futures rally on Monday as winter storms and freezing temperatures were expected to engulf the eastern United States later in the week. The front-month contract ventured back above $6 to close at $6.072, a gain of 10.1 cents.

The injection of hexane into regasified liquefied natural gas (LNG) volumes from Dominion Cove Point LP’s LNG terminal in Maryland has reduced the number of incremental coupling leaks on the distribution system of Washington Gas Light (LGL), but hexane alone will not solve the leakage problem that has plagued the utility for several years, a WGL executive said Thursday.

CIG reported an outage at its compression facility serving deliveries to Cheyenne Plains Gas Pipeline at the Red Cloud Meter, which reduced the interconnnect’s available operating capacity from 255 MMcf/d to 170 MMcf/d effective with the Timely scheduling cycle for Wednesday’s gas day. Based on current repair projections, CIG anticipates that the compression will be back in service on June 13, when it plans to schedule full Red Cloud capacity for the June 14 gas day.

The Hess Corp.-operated Sea Robin Gas Processing Plant was shut in late Tuesday morning, according to a notice by Sea Robin Pipeline. The pipeline reduced Plant Volume Reduction nominations by two-thirds for Wednesday’s gas day and said they would be cut to zero Thursday for the duration of the plant outage, during which gas will continue to be dehydrated. Shippers were encouraged to call downstream delivery point operators to see if they will be accepting gas from Sea Robin Pipeline during this outage.