Rocky

Despite PG&E Corp.’s decision to drop out of a partnership with El Paso Corp. for the Ruby Pipeline, which would carry Rocky Mountain natural gas to West Coast markets, El Paso remains “optimistic” about its prospects, the pipeline chief said last week. However, El Paso is “not committed yet” to moving forward, said Jim Yardley.

As the race to move Rocky Mountain natural gas from the Rockies Express Pipeline’s (REX) terminus in Ohio to the Northeast continues to add new entrants, competitors will have to deal with a quickly moving forward pipe proposal from REX itself. Last week, prior to REX announcing that it had completed a successful nonbinding open season for its Northeast Express Project, El Paso Corp.’s Tennessee Gas Pipeline and Equitable Resources Inc. threw their hats into the ring with plans to jointly build a pipeline project from the terminus of REX to serve Northeast gas markets.

As the race to move Rocky Mountain natural gas from the Rockies Express Pipeline’s (REX) terminus in Ohio to the Northeast continues to add new entrants, competitors will have to deal with a quickly moving forward pipe proposal from REX itself. The pipeline said Wednesday it has completed a successful nonbinding open season for the Northeast Express Project, a 375-mile extension of REX that would extend the pipeline’s route from Clarington, OH, and add capacity to receive volumes from Lebanon, OH, to the endpoint in Princeton, NJ.

Move over, everyone; the line-up of pipelines seeking to take Rocky Mountain natural gas to the Northeast just go a bit longer. El Paso Corp.’s Tennessee Gas Pipeline and Equitable Resources Inc. Monday unveiled plans to build another pipeline project from the terminus of the Rockies Express Pipeline (REX) in Ohio to Northeast gas markets.

With Friday’s predicted lows ranging from sub-zero to the teens and 20s from the Rocky Mountains through the Plains and Midwest into much of the inland Northeast, the surge of heating load was able to rally prices at a solid majority of points Thursday. Cash gas got a small extra boost from the prior-day advance of 3 cents by January futures, which ended a six-session losing streak for the Nymex contract.

Chesapeake Energy Corp. is looking for buyers for three sets of properties throughout the Rocky Mountains and another leasehold in the Woodford Shale of Oklahoma.

Chesapeake Energy Corp. is looking for buyers for three sets of properties throughout the Rocky Mountains and another leasehold in the Woodford Shale of Oklahoma.

Dominion is offering customers increased access to new gas supplies expected from the Rocky Mountain region through a project the company announced Friday. It is yet another effort by the industry to move gas eastward from the massive Rockies Express Pipeline (REX).

Add another company to the growing roster of pipelines that are contemplating projects to take Rocky Mountain natural gas eastward. National Fuel Gas Co. says it is seriously exploring the prospect of building a 324-mile pipeline to deliver Rockies gas from Ohio, where the Rockies Express Pipeline (REX) will terminate, to the Corning, NY, market.