Resumed

Colorado Commission Staff Backs Dropping Drilling Moratorium

The Colorado Oil and Gas Conservation Commission (COGCC) Tuesday resumed deliberations on a sweeping set of changes to the state’s natural gas drilling rules after staff proposed a concession to the energy industry.

September 10, 2008

Operations Resume at Enterprise’s Pioneer Processing Plant

Operations at the Pioneer cryogenic gas processing facility in Lincoln County, WY, resumed on Thursday following completion of repairs, according to owner Enterprise Products Partners LP.

April 28, 2008

Columbia Gulf Restarts Partial Flows, Accepting Receipts Again

Columbia Gulf Transmission (CGT) resumed partial flows late Wednesday evening after temporarily suspending production-area receipts Wednesday due to its Hartsville (TN) Compressor Station being heavily damaged by a fiery explosion caused by a tornado strike Tuesday night (see Daily GPI, Feb. 7).

February 8, 2008

Return of Frigid Weather Boosts Most Points

It was not surprising when prices resumed climbing at nearly all points Friday following a partial interruption Thursday of last week’s overall cash market strength (see Daily GPI, Jan. 11). After all, cold fronts were moving into the South and Northeast Friday, and a new siege of frigid weather close to rivaling the one following New Year’s Day would be under way in most of the U.S. and Canada by the end of the weekend.

January 14, 2008

Futures Support at $7 Continues to Hold, But for How Long?

January natural gas futures resumed their assault on $7 price support in Monday trade, recording a low of $7.010 before closing out the day at $7.032, down 12.3 cents from Friday’s finish. While traders were debating storage levels and weather forecasts, they were also forced to account for the possibility of an out of season tropical storm, which was gaining strength east of Puerto Rico.

December 11, 2007

Traders Target Break of $7 Support Again to No Avail

After taking a break to explore the upside on Thursday, January natural gas futures on Friday resumed their assault on psychological support down at $7. The prompt-month contract reached a low of $7.120 before closing out the week at $7.155, down 17.5 cents from Thursday’s finish and 24.7 cents lower than the previous week’s close.

December 10, 2007

August Futures Test Support in the $6.50s a Second Time

With Friday’s profit-taking rebound out of the way, traders resumed scouting for lower prices on Monday as August natural gas recorded a low of $6.555 before closing out the day’s regular session at $6.764, down almost a penny from Friday’s close.

July 3, 2007

Futures Jump 30 Cents on Cold Weather Expectations

After taking a breather on Thursday from the up move, natural gas futures traders resumed course on Friday, putting in a high of $6.640 before closing out the week at $6.601, up 30.9 cents on the day and 41.7 cents higher than the previous Friday’s close.

January 16, 2007

Infant CBM, Deep Drilling Revive Canadian Gas Deliverability

Canadian natural gas supplies have resumed growing at a slow but steady rate of 1% per year, the National Energy Board (NEB) reported. In an annual “deliverability” survey, the NEB dropped previous predictions of decline. Average daily Canadian productive capacity will rise from 17.07 Bcf/d in 2005 to 17.22 Bcf/d this year and 17.39 Bcf/d in 2007, the board said.

October 30, 2006

Infant CBM, Deep Drilling Revive Canadian Gas Deliverability

Canadian natural gas supplies have resumed growing at a slow but steady rate of 1% per year, the National Energy Board (NEB) reported. In an annual “deliverability” survey, the NEB dropped previous predictions of decline. Average daily Canadian productive capacity will rise from 17.07 Bcf/d in 2005 to 17.22 Bcf/d this year and 17.39 Bcf/d in 2007, the board said.

October 30, 2006