With the five-day-old bearish storage report still fresh in traders’ minds, March natural gas futures on Monday — aided by weak petroleum futures activity — continued to explore lower in search of support, seesawing on the psychological $6 level on numerous occasions during the session before finally settling below it.
storage
Articles from storage
Transportation Notes
Saying withdrawals from its Washington Ranch storage facility were at maximum levels, El Paso declared an Unauthorized Overpull Penalty situation Tuesday.
Transportation Notes
Saying withdrawals from its Washington Ranch storage facility were at maximum levels, El Paso declared an Unauthorized Overpull Penalty situation Tuesday.
FERC OKs Change in Function of Equitrans’ Facilities in PA and WVA
FERC on Wednesday gave Equitrans LP the green light to switch the function of certain jurisdictional natural gas transmission/storage facilities in Pennsylvania and West Virginia to non-jurisdictional gathering.
FERC OKs Change in Function of Equitrans’ Facilities in PA and WVA
FERC on Wednesday gave Equitrans LP the green light to switch the function of certain jurisdictional natural gas transmission/storage facilities in Pennsylvania and West Virginia to non-jurisdictional gathering.
Oneok Completes Purchase of General Partner Stake in Northern Border
Oneok said Wednesday that it completed its previously announced $175 million purchase of Northern Plains Natural Gas, which owns 82.5% of the general partner interest and 500,000 limited partnership units (representing a 2.73% ownership interest) in Northern Border Partners LP. Oneok will now operate an additional 2,300 miles of regulated interstate gas pipelines with 4.3 Bcf/d of natural gas throughout in the Midwest.
Oneok Completes Purchase of General Partner Stake in Northern Border
Oneok said Wednesday that it completed its previously announced $175 million purchase of Northern Plains Natural Gas, which owns 82.5% of the general partner interest and 500,000 limited partnership units (representing a 2.73% ownership interest) in Northern Border Partners LP. Oneok will now operate an additional 2,300 miles of regulated interstate gas pipelines with 4.3 Bcf/d of natural gas throughout in the Midwest.
Transportation Notes
Citing required maintenance at its storage facilities, MRT issued a systemwide System Protection Warning effective Wednesday until the beginning of Monday’s gas day. Under the warning, MRT will not allow long imbalance positions on a daily basis and is not accepting gas to eliminate existing due-pipeline imbalances.
Transportation Notes
Citing required maintenance at its storage facilities, MRT issued a systemwide System Protection Warning effective Wednesday until the beginning of Monday’s gas day. Under the warning, MRT will not allow long imbalance positions on a daily basis and is not accepting gas to eliminate existing due-pipeline imbalances.
Transportation Notes
El Paso Natural Gas declared an Unauthorized Overpull Penalty situation Monday. The Washington Ranch storage facility is currently on maximum withdrawal. The penalty applies to all customers. “You are urged to immediately review your supply/demand balance, and the performance of your suppliers, to ensure sufficient gas is being delivered to El Paso to cover the gas being taken off the system,” the company said. Customers are encouraged to use available capacity at Waha and receipt points downstream of Keystone Station, where maintenance is being performed through Sept. 17. El Paso is placing limits on scheduled volumes at interconnects that are under performing.