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Industry Briefs

Falcon Gas Storage Co. Inc. subsidiary NorTex Gas Storage Co. LLC started flowing gas through its newly constructed Worsham-Steed Pipeline, the company said. The system is a 60-mile, 24-inch high-pressure pipeline in the western portion of the Barnett Shale play in North Texas. Initial flow rates have ranged 150,000-200,000 Mcf/d and are expected to increase as gas injection activity accelerates at the Falcon’s Worsham-Steed Gas Storage facility. Traversing Jack, Parker and Hood counties, the pipeline has a capacity of 450,000 Mcf/d, which can be expanded to 650,000 Mcf/d. The pipe connects with three export pipelines serving the North Texas market area — Energy Transfer’s Old Ocean pipeline, Enterprise Product’s and Energy Transfer’s North Texas Pipeline, and Atmos Energy’s Line X pipeline. These pipelines serve markets from the Waha Hub in West Texas to the Carthage Hub in Northeast Texas, as well as the Dallas-Fort Worth metroplex and surrounding areas in North Texas, including the Barnett Shale. Ultimately, Falcon plans to connect the Worsham-Steed Pipeline with a total of 10 pipelines in the North Texas/Barnett Shale market area.

October 29, 2007

Falcon’s Worsham-Steed Pipeline Begins Flowing Gas

Falcon Gas Storage Co. Inc. subsidiary NorTex Gas Storage Co. LLC started flowing gas through its newly constructed Worsham-Steed Pipeline, the company said Monday.

October 23, 2007

Weather Outlook Less Bullish; September Eases 1.6 Cents

September natural gas futures drifted lower as formerly supportive fundamental weather factors started to lose some of their bullish luster Friday. The September contract fell 1.6 cents to settle at $6.090 and the October contract skidded 2.4 cents to $6.292. Floor traders noted a fundamentally soft tone to the market.

August 6, 2007

Falcon Gas Storage Starts Construction on N. Texas Pipeline

NorTex Gas Storage Co. LLC, a subsidiary of Falcon Gas Storage Co. Inc., has started construction of the Worsham-Steed Pipeline, a 63-mile, 24-inch gas pipeline connecting Falcon’s Worsham-Steed Gas Storage Facility and tapping into the western portion of the Barnett Shale gas play in North Texas. Both a storage field expansion and the pipeline are expected to be in service in September.

June 4, 2007

Falcon Gas Storage Starts Construction on N. Texas Pipeline

NorTex Gas Storage Co. LLC, a subsidiary of Falcon Gas Storage Co. Inc., has started construction of the Worsham-Steed Pipeline, a 63-mile, 24-inch gas pipeline connecting Falcon’s Worsham-Steed Gas Storage Facility and tapping into the western portion of the Barnett Shale gas play in North Texas. Both a storage field expansion and the pipeline are expected to be in service in September.

June 1, 2007

Split Congress Could Expand Energy Debate

With the Democrats expected to retake control of the House and possibly even the Senate Tuesday, natural gas experts have started to seriously consider what this will mean for energy policy.

November 7, 2006

Southern Natural Plans 14 Bcf Salt Dome Storage Field in MS

El Paso subsidiary Southern Natural Gas Co. started an open season last Tuesday to test market interest in a new 14 Bcf salt dome gas storage project in Smith County, MS. The New Home gas storage field, which would consist of two storage caverns, would be a high deliverability, multi-cycle storage project designed to serve the Southeast via the Southern Natural mainline.

October 2, 2006

Southern Natural Plans 14 Bcf Salt Dome Storage Field in MS

El Paso subsidiary Southern Natural Gas Co. started an open season Tuesday to test market interest in a new 14 Bcf salt dome gas storage project in Smith County, MS. The New Home gas storage field, which would consist of two storage caverns, would be a high deliverability, multi-cycle storage project designed to serve the Southeast via the Southern Natural mainline.

September 27, 2006

Futures Back Below $5 Ahead of Fresh Storage News

October natural gas futures started the morning lower as traders were exploring sub-$5 prices again Wednesday while news surrounding the losses at hedge fund Amaranth Advisors LLC continued to unfold (see related story). After recording a low of $4.850 in morning trade, traders put in a high of $5.040 in the afternoon before the October contract settled at $4.931, down 7.5 cents on the day.

September 21, 2006

Enterprise Receives Initial Deepwater Gas, Oil Flows in Constitution Pipeline

Enterprise Products Partners LP said Wednesday that 30 MMcf/d of new gas production and 32,000 bbl/d of oil started flowing into its Constitution oil and natural gas pipelines from Kerr-McGee’s Constitution field and Kerr-McGee and Noble Energy’s Ticonderoga field in the south Green Canyon area of the deepwater Gulf of Mexico.

April 13, 2006
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