Southeast

EnergySouth Plans Bay Gas Storage Expansion

EnergySouth Inc., a holding company for utility and storagecompanies in the Southeast, recently announced an expansion planfor the storage facilities of its subsidiary Bay Gas Storage Co.The plan calls for an additional salt cavern to be developed, whichwill increase the total working gas capacity of the site from 2.4Bcf to 6 Bcf. An open season will be held from July 15 until Aug.31 to help assess the final size and shape of the expansion.

July 12, 1999

EnergySouth Plans Bay Gas Storage Expansion

EnergySouth Inc., a holding company for utility and storagecompanies in the Southeast, announced an expansion plan Friday forthe storage facilities of its subsidiary Bay Gas Storage Co. Theplan calls for an additional salt cavern to be developed, whichwill increase the total working gas capacity of the site from 2.4Bcf to 6 Bcf. An open season will be held from July 15 until Aug.31 to help assess the final size and shape of the expansion.

July 6, 1999

Sempra Makes Southeast Marketing Alliance

Sempra Energy Trading made a strategic alliance with MEGMarketing LLC to market energy and energy-related products andservices to municipalities, federal and state government entitiesand major corporations.

June 10, 1999

Transco Expansion Targets Southeast

Williams’ Transcontinental Gas Pipe Line subsidiary filed anapplication with FERC last week for its SouthCoast expansionproject, which would add 204,099 Dth/d of firm transportationcapacity to serve new markets in Georgia and Alabama.

May 3, 1999

Snyder, Ballard Complete $29M Deal

Snyder Oil Corp. of Fort Worth, TX, completed the sale of itsremaining 55% interest in the Southeast Piceance Project innorthwestern Colorado to Ballard Petroleum LLC in a cashtransaction worth $28.8 million. The Piceance Project representsless than 5% of Snyder’s third quarter 1998 production and isestimated to represent 7% of its 1998 proven year-end reserves.

January 22, 1999

Prices Fall Despite Frigid Weather

Records for low temperatures were being set Tuesday from theMidwest into the Southeast, but it would have been difficult todiscern that from the broad-based retreat in cash prices. Tradersnoted a falling futures screen and factored in a warming trend thatwas expected to begin in the Midwest as early as Tuesday, then sentcash numbers down by a nickel or more at almost every point.

January 6, 1999

Mitchell to Acquire Texas Properties for $50 Million

Mitchell Energy & Development agreed to pay $50 million foroil and gas producing properties in three separate transactions.

April 3, 1998

Transportation Note

Reacting to frigid weather spreading into the Southeast, Sonatis implementing an Operational Flow Order Type 3 effective todayfor four groups: Birmingham Group, South Main Zone 2, South MainZone 3 and Brunswick Line. The OFO will be extended Wednesday tothe East of Wrens and Savannah Line groups. Due to compressorproblems, Sonat said, the level of interruptible service in the twoSouth Main zones will be less than normal in limitation periods. Inaddition, an OFO Type 22 notice to become effective Wednesday forseven groups was issued by Sonat affiliate South Georgia NaturalGas.

March 10, 1998

Transportation Notes

Nautilus Pipeline offshore southeast Louisiana reported havingto shut down Sunday evening until further notice due to a largeslug of liquids being handled at the slug catcher. Nautilus toldshippers Monday they were released to flow to other systems “forthe next seven to 10 days.” Inquiries about the line’s recentvolumes were not answered Tuesday.

February 25, 1998
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