Kern River said that linepack is high on all areas of its system. As reported last week, Southern California Gas Co. (SoCalGas) is planning maintenance on Line 225 Tuesday through Thursday that will reduce the total available capacity at Wheeler Ridge to 140 MMcf, a reduction of 740 MMcf. The available capacity will be allocated to the upstream pipelines, Kern/Mojave, Pacific Gas & Electric, and Occidental, based on the respective scheduled quantity from two days prior.Columbia Gas said that Tuesday will be deemed to be a “Critical Day” in Market Area 21. Based on forecasted markets, available facilities and capacity utilization, the pipeline projects that all available capacity to Market Area 21 will be required to meet firm service obligations, leaving no excess capacity. Therefore, zero non-firm capacity is available to that market area.
River
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Industry Briefs
Houston-based independent Ultra Petroleum Corp., which explores for natural gas in the Green River Basin of Wyoming and offshore China, plans to file a 15-day automatic extension notification with the Securities and Exchange Commission relating to its Annual Report on Form 10-K for 2005 after identifying “certain deficiencies in its internal controls,” the company said in a statement. The extension will allow the company more time to prepare its consolidated financial statements and the work required to complete management’s assessment of internal controls over financial reporting in accordance with Section 404 of Sarbanes-Oxley and the rules of the Public Company Accounting Oversight Board. Ultra said it will disclose weaknesses in its financial reporting system and related remediation activities in its Form 10-K. Ultra expects to make its filing by March. 31.
Enterprise, TEPPCO to Jointly Expand Jonah System to 2 Bcf/d
TEPPCO Partners LP and an affiliate of Enterprise Products Partners LP are teaming up to expand the Jonah Gas Gathering System in the Green River Basin of southwestern Wyoming to 2 Bcf/d from 1.5 Bcf/d. The expansion, expected to be completed in 4Q2006, will cost about $200 million.
Transportation Notes
MRT said it will end at the start of Tuesday’s gas day a System Protection Warning that was implemented Sunday.
Regions Turning to Gas-Fired Units in Wake of Reduced Coal Deliveries
While reduced coal deliveries from the Powder River Basin (PRB) shouldn’t threaten electric reliability in the U.S., in order to meet the energy resource shortfall, power entities in various parts of the country are taking several measures including replacing affected generation with more expensive gas-fired units.
Transportation Notes
Kern River was reporting low linepack in all four segments Tuesday. That is a big change from much of this year when it was experiencing high linepack systemwide.
Transportation Notes
Florida Gas Transmission allowed an Overage Alert Day notice that was issued Tuesday to lapse Wednesday.
Western Completes Purchase of Green River Assets
Western Gas Resources Inc. announced that subsidiary Mountain Gas Resources, Inc., completed the previously announced purchase of natural gas gathering and processing assets in the eastern Green River Basin of Wyoming from Duke Energy Field Services, LP, Overland Trail Transmission, LLC and Duke Energy Field Services Marketing, LP for a total of $27.9 million subject to post-closing adjustments.
Transportation Notes
Southern California Gas declared a high-linepack OFO for Saturday with 10% tolerance for positive daily imbalances.
Transportation Notes
Southern California Gas declared a high-linepack OFO for Saturday with 10% tolerance for positive daily imbalances.
