Starts

First-of-month swing prices were down from the weekend buthandily above February indexes Monday. As further proof that theaftermarket was getting off to a strong beginning, a marketerreported seeing Henry Hub swing swaps trading at $2.67 while thescreen was at $2.61. “That premium of 6 cents was very strong,” hesaid.

TransCanada PipeLines Ltd. has opened a second front in itsfight to stop, before it starts, a revenue hemorrhage seen on thehorizon as a result of new competition in natural gastransportation.

If Questar’s predictions concerning its Pinedale Anticline fieldhold true, then the Utah-based company is about to embark on one ofthe most significant exploration and production projects in itshistory. Although some drilling has already taken place at theSublette County, WY, field, Questar is preparing to launch amassive drilling program aimed at cultivating the projected 3 Tcfthe field holds.

It looks like NiSource is going to get a run for its money inthe second round of a bidding war for Columbia Energy Group.Columbia informed the Securities and Exchange Commission last weekthat it has received “preliminary indications of interest fromnumerous third parties” during an ongoing open house on the companyand its assets.

It looks like NiSource is going to get a run for its money inthe second round of a bidding war for Columbia Energy Group.Columbia informed the Securities and Exchange Commission yesterdaythat it has received “preliminary indications of interest fromnumerous third parties” during an ongoing open house on the companyand its assets.

GreenMountain.com, a retail electricity marketer with a penchantfor things environmental, will plant a tree in honor of allPennsylvanians who use its “Tree-Free Billing” program —otherwise known as an Internet account.

El Paso Energy’s Tennessee Gas Pipeline and CNG’s CNG Transmission announced an open season for their joint venture, the Atlantic Alliance Project, which started last week and will extend to Thursday, Sept. 30. Shippers will be asked to submit binding precedent agreements for service commencing November 2001 as part of the open season.

El Paso Energy’s Tennessee Gas Pipeline and CNG’s CNGTransmission announcedan open season for their joint venture, theAtlantic Alliance Project, begins today and will extend toThursday, Sept. 30. Shippers will be asked to submit bindingprecedent agreements for service commencing November 2001 as partof the open season.

KN Energy began an open season for its a 108-mile, 24-inchMonterrey Pipeline that would connect its MidCon Texas intrastatepipeline in Starr County, TX, to Monterrey, Mexico. The open seasonbegan last week and runs through 5 p.m. CDT July 30. KN expects tostart construction of the $50 million pipeline in 1999, withcompletion projected for the second quarter of 2000. Capacity isexpected to be 275 MMcf/d, and the pipe will serve gas-fired powerplants in Monterrey, local distribution companies, large industrialconsumers as well as future market opportunities.