Space

Record Storage Levels Could Cause Production Shut-Ins This Summer

With natural gas inventories at record levels, there may come a time this summer when available storage space is hard to find and gas producers are forced to shut in supplies, according to Steve Harvey of FERC’s Office of Enforcement.

May 19, 2006

Industry Briefs

Boston-based Honeoye Storage said it is offering 160,000 dekatherms of firm storage space at its Rochester, NY, gas storage field for a term ending Dec. 15. Injections can begin immediately at a maximum daily rate of 8,000 Dth/d. The maximum withdrawal rate on the contract would be 4,000 Dth/d from Nov. 1 through Dec. 15. Honeoye will provide all the cushion gas required. The storage field is connected to Tennessee Gas Pipeline east of Rochester. Honeoye is owned by KeySpan, Consolidated Edison and three private developers. For details, go to www.honeoyestorage.com.

January 27, 2006

Industry Briefs

Honeoye Storage Corp. said it has 225,000 Dekatherms of firm space available under market-based rates at its Rochester, NY storage field for the current storage season. Interested parties should contact the company immediately for service beginning Jan. 25 and ending on Dec. 15. “The service will have a maximum daily injection rate of 10,000 Dth/d from Jan. 25 to Feb. 28 and a maximum withdrawal rate of 5,000 Dth/d, from Nov. 1 through Dec. 15,” said Honeoye President David A. T. Donohue. “Honeoye will provide all required cushion gas. Full details of the offering are to be found on our website: www.honeoyestorage.com. The Honeoye Field began operations in 1975 and five of its original customers, or their affiliates, continue to receive 4,293 MDth of service. The facility interconnects with Tennessee Gas Pipeline east of Rochester. Customers committing to Honeoye firm service will need to make their own transportation arrangements to and from the Honeoye interconnection. Honeoye is owned by an affiliate of KeySpan Energy Corp., Consolidated Energy Co. and its three developers: Dave Donohue, Dick Norman and Jacek Makowski. For details contact Richard A. Norman at (617) 367-0032, honeoye@essexhydro.com or James Smoot at (585) 229-5161, fax: (585)229-2015, email: jwsmoot@honeoyestorage.com.

January 25, 2006

Most Points Still Rising, But Softness Expected

Despite a lack of severe cold in most areas and mounting evidence that minuscule storage space remains for injections, most prices continued to advance Thursday. However, weakness in both the screen and physical fundamentals is expected to send the cash market lower Friday.

November 11, 2005

Union Holds Binding Open Season on Storage Space

Union Gas is holding a binding open season for long-term peak storage space at its 150 Bcf Dawn storage hub in Ontario. Three-year storage services are being offered with terms beginning in April 2006.

June 6, 2005

Union Holds Binding Open Season on Storage Space

Union Gas is holding a binding open season for long-term peak storage space at its 150 Bcf Dawn storage hub in Ontario. Three-year storage services are being offered with terms beginning in April 2006.

June 6, 2005

NASA Ohio Offices Looking for Natural Gas Management Services

The National Aeronautics and Space Administration (NASA)is soliciting a qualified small business contractor to provide natural gas supply management services for a year starting Oct. 1, 2005 for the its Glenn Research Center (GRC) located in Cleveland, OH served by Dominion/East Ohio Gas and its Plum Brook Station (PBS), located in Sandusky, OH on Columbia Gas.

May 16, 2005

Prices Begin to Tumble From Outer Space Levels

Isn’t there a saying about the bigger they come, the harder they fall? Following a Tuesday in which quite a few Gulf Coast and Midcontinent production area points recorded their biggest numbers ever, the cash market was diving Wednesday about as fast as it had rocketed higher in the first two trading days of the week. Eastern markets, along with Waha/Permian Basin in the West, saw average declines that tended to range from about $5 to $24. Because they hadn’t soared to such stratospheric levels previously, other western points mostly saw smaller price drops of $1-3.

February 27, 2003

WA Public Utility Backs Away from NW Pipe Capacity Deal

In the space of less than two years the robust market in the Pacific Northwest for added power generation capacity and corresponding demand for new interstate natural gas pipeline capacity has dried up. This fact has been made clear in current negotiations between the Snohomish (WA) County Public Utility District (PUD) and Williams’ Northwest Pipeline Co. unit over a $6.7 million annual payment the utility agreed to make for added new gas pipeline capacity.

December 31, 2002

Williams Confirms Houston Office May be Moved to Tulsa

Houston’s office space and unemployed energy professionals may grow if Williams Cos. decides to consolidate and move its Texas operations to its Tulsa headquarters. The company, which wants to trim at least $200 million more in costs a year, confirmed that consolidation and relocation discussions have begun, but no final decision has been announced.

September 24, 2002