Starts

Williams’ Transcontinental Gas Pipeline (Transco) said Thursday that it has placed the first phase of its $189 million Momentum pipeline expansion into service, increasing capacity on its natural gas system by approximately 269,000 Dth/d.

The North American drilling rig count is off to one of its best starts in a while, up 15% since the beginning of this year, and is running counter to the year-end production spending surveys that indicated minimal spending this year, according to Raymond James Energy’s latest “Stat of the Week.”

The North American drilling rig count is off to one of its best starts in a while, up 15% since the beginning of this year, and is running counter to the year-end production spending surveys that indicated minimal spending this year, according to Raymond James Energy’s latest “Stat of the Week.”

David Tuer, the former CEO of PanCanadian Energy Corp., who helped lead the company toward its profitable spinoff as North America’s largest independent producer, is taking the reins of a small investor group to transform a bankrupt Calgary-based pharmaceutical research company into an oil and gas enterprise — with a particular focus on natural gas.

David Tuer, the former CEO of PanCanadian Energy Corp., who helped lead the company toward its profitable spinoff as North America’s largest independent producer, is taking the reins of a small investor group to transform a bankrupt Calgary-based pharmaceutical research company into an oil and gas enterprise — with a particular focus on natural gas.

Under a new California law passed this year (SB 39XX) to tighten private sector power plant maintenance and operating standards, a newly created three-person committee will meet next week to begin a two-month process for cranking out the tougher state standards early next year. The California Independent System Operator (CAISO) will submit draft rules for the committee’s initial review Dec. 20.

Almost four years after the project was proposed, 142-mile interstate Guardian Pipeline system started operations on Dec. 7, transporting gas to markets in northern Illinois and southern Wisconsin from interconnections with ANR Pipeline, Alliance, Northern Border, Midwestern Gas Transmission and Natural Gas Pipeline of America at the Chicago Hub near Joliet, IL. (see NGI, March 15, 1999).

Almost four years after the project was proposed, Guardian Pipeline, a 142-mile interstate natural gas pipeline, announced Monday that it began operations on Saturday, Dec. 7 (see Daily GPI, March 11, 1999).

The start of the November aftermarket saw a decidedly mixed bag of price movement Thursday. Compared with last-of-October numbers, Nov. 1 pricing ranged from about half a dollar lower (San Juan Basin) to a little more than a dime higher (SoCal border), with many gradations between those extremes. Overall, the negative changes outweighed the positive ones.