Setting

Pacific Gas and Electric issued a systemwide Stage 2 low-inventory OFO on its California Gas Transmission system for Thursday, setting penalties of $1/Dth for exceeding a 5% tolerance on negative daily imbalances.

Pacific Gas and Electric declared a systemwide Stage 2 low-inventory OFO for Thursday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a 5% tolerance on negative daily imbalances.

Due to continuing high linepack in all segments, Westcoast has implemented a systemwide OFO setting the tolerance for positive daily imbalances at the minimum of 10% or 500 GJ.

Due to northern Florida forecasts of near-freezing temperatures, Florida Gas Transmission issued an Overage Alert Day for market-area customers Monday, setting a 25% tolerance for negative daily imbalances.

Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO for Wednesday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.

Despite relatively low natural gas prices and a record-setting season for U.S. natural gas storage, it would appear that producers are not shying away from their development of shale plays, judging by the latest Baker Hughes rig count.

Despite relatively low natural gas prices and a record-setting season for U.S. natural gas storage, it would appear that producers are not shying away from their development of shale plays, judging by the latest Baker Hughes rig count.

A move by shale gas operators to use horizontal drilling techniques in liquids plays may be the impetus in setting a new all-time record for horizontal drilling. A total of 943 horizontal rigs were in operation during the week ending Nov. 5, according to statistics compiled by Baker Hughes Inc. (BHI).

Pacific Gas and Electric declared a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Saturday, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.