Season

North American Quarterly Output Seen Up 16%

As the 3Q2010 earnings season begins, BMO Capital Markets analysts are predicting that the biggest North American independents will report “slightly higher” cash flow from the year-ago period and double-digit production growth.

October 19, 2010

Storage Capacity Near Opal Hub Being Offered

Ryckman Creek Resources LLC, a unit of Peregrine Midstream Partners LLC, is holding a nonbinding open season for up to 15 Bcf of firm, high-deliverability multi-cycle (HDMC) gas storage capacity in Uinta County, WY, near the Opal Hub, Wednesday through Nov. 1.

October 5, 2010

TransCanada Alaska Gasline Open Season Ends

The initial 90-day open season of TransCanada Corp.’s Alaska pipeline project has closed and the company’s TC Alaska unit and partner ExxonMobil Corp. are assessing and negotiating the issues associated with the bids received from potential shippers, the companies said.

August 9, 2010

TransCanada Alaska Gasline Open Season Ends

The initial 90-day open season of TransCanada Corp.’s Alaska pipeline project closed Friday. The company’s TC Alaska unit and partner ExxonMobil Corp. now will begin assessing and negotiating the issues and conditions that are incorporated within the bids received from potential shippers, the companies said.

August 3, 2010

Opal Hub Project Offering Capacity

Williams Partners LP’s Northwest Pipeline GP is holding an open season through Aug. 11 for its Opal Market Link project.

July 23, 2010

Nexen Doubles British Columbia Shale Position

Nexen Inc. on Thursday kicked off the quarterly earnings season with good news: higher profits than anticipated and solid performance from its operating units.

July 16, 2010

Near-Flat Quotes Continue But Shift Mostly to Downside

The National Hurricane Center (NHC) slightly upgraded chances of a tropical wave heading toward the Gulf of Mexico becoming the season’s first named tropical storm, and peak temperature forecasts in the 80s and 90s remained in place for most regions. But even with the additional supportive input of the previous day’s 4.8-cent rebound by July futures, cash prices were a little softer at a small majority of locations Thursday.

June 25, 2010

Kinder Morgan Offering NGL Capacity from Marcellus

Kinder Morgan Energy Partners LP is holding a 30-day nonbinding open season for its Marcellus Lateral Project, which would offer natural gas liquids (NGL) transportation from the Marcellus Shale to fractionation plants and petrochemical facilities near Sarnia, ON.

June 15, 2010

Industry Briefs

Questar Pipeline Co. is holding a binding open season through July 15 for capacity that would be created by the installation of compression facilities on its Mainline 68 in Garfield County, CO. The proposed project would enable Questar to transport up to an additional 50,000 Dth/d from receipt points east of Greasewood on Mainline 68. Up to 47,500 Dth/d of the proposed capacity could be delivered to the White River Hub and TransColorado Gas Transmission Co. Up to 21,160 Dth/d could be delivered to various locations on Questar’s northern system that include Colorado Interstate Gas at Kanda, Northwest Pipeline GP at Crossover 16, Questar Gas Co. (Wasatch Front), Questar Overthrust Pipeline Co., Southern Star Central Gas Pipeline at Skull Creek and Wyoming Interstate Co. LLC at Kanda. For information contact Mary Kay Olson at (801) 324-5873 or Theresa Harrison at (801) 324-2566, or visit www.questarpipeline.com.

June 14, 2010

Futures Rebound to Test Upside of Price Range

After failing to key off Tuesday’s kick-off of the 2010 Atlantic hurricane season, natural gas bulls grabbed hold of Wednesday to test out higher prices. The July contract put in a high of $4.440 before closing out the regular session at $4.424, up 17.6 cents from Tuesday’s finish.

June 3, 2010
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