Stretches

Williams, whose natural gas midstream and pipeline infrastructure stretches from Canada into the deepwater Gulf of Mexico, is tweaking its earnings forecasts lower for the next two years based on conversations with customers that indicate activity will be slower in the short term.

The Mississippian Lime formation, which stretches across northern Oklahoma, western Kansas and southern Nebraska, is drawing increased industry interest, thanks to cheaper drilling costs and shallower wells compared to North Dakota’s Bakken Shale, according to the “IHS Herold Mississippian Oil Play Regional Play Assessment.”

The Mississippian Lime formation, which stretches across northern Oklahoma, western Kansas and southern Nebraska, is drawing increased industry interest, thanks to cheaper drilling costs and shallower wells compared to North Dakota’s Bakken Shale, according to the “IHS Herold Mississippian Oil Play Regional Play Assessment.”

A relatively short trip from the Haynesville Shale and about as old as the Eagle Ford, the Tuscaloosa Marine Shale (TMS) — which stretches from Texas through Louisiana and into Mississippi — could right now be considered the “penny stock” of the shale plays. Those who get in early will get in cheaply, but they’ll have to stomach some risk as the play is not yet a sure thing like its more mature peers.

A relatively short trip from the Haynesville Shale and about as old as the Eagle Ford, the Tuscaloosa Marine Shale (TMS) — which stretches from Texas through Louisiana and into Mississippi — could now be considered the “penny stock” of the shale plays. Those who get in early will get in cheaply, but they’ll have to stomach some risk as the play is not yet a sure thing like its more mature peers.

Exposure to possible losses due to energy giant Enron’s financial failure continued to spread like a worldwide epidemic last week with companies and financial institutions around the world reporting potential losses, reflecting the broad reach both of the company’s business and its stock.

The risk of a terrorist attack on most stretches of crude oil and natural gas pipelines in the United States is “relatively low,” according to an energy security report that was released last Monday and forwarded to the White House Office of Homeland Security.

The risk of a terrorist attack on most stretches of crude oil and natural gas pipelines in the United States is “relatively low,” according to an energy security report that was released Monday and forwarded to the White House Office of Homeland Security.

Northern Border Partners LP showed a 43% increase in third quarter net income to $29.1 million or $0.65 per unit after several pipeline and processing acquisitions this year, including Midwestern Gas Transmission and gathering assets in the Powder River Basin. Cash flow increased 23% to $82.1 million.