Sunday

Apache Corp. on Friday was working on financing to secure a deal to buy some of BP plc’s Alaska properties, and an announcement was expected as soon as Sunday or Monday, a source familiar with the discussions told NGI.

After ending a four-day systemwide Stage 2 high-inventory OFO Sunday, Pacific Gas and Electric issued new ones for Tuesday and Wednesday on its California Gas Transmission system, setting Wednesday’s tolerance for positive daily imbalances at 17%.

The G-20 nations Sunday in Toronto pledged to continue with their effort to phase out subsidies for oil, natural gas and coal. But the agreement — like the one forged at the summit in Pittsburgh last year — lacks teeth because it doesn’t include a timetable for when the subsidies should be unwound (see Daily GPI, Sept. 28, 2009).

The ExxonMobil-operated Sable Offshore Energy Project (SOEP) facility returned to normal production levels for gas day Sunday, according to Spectra Energy subsidiaries Maritimes Canada and Maritimes U.S. The facility produces between 400 and 500 MMcf/d of natural gas and 20,000 b/d of natural gas liquids near Sable Island on the edge of the Nova Scotian continental shelf in eastern Canada. The SOEP planned maintenance outage, which began in early May, was originally expected to end for gas day May 11.

Southern California Gas issued high-linepack OFOs for Saturday and Sunday, then allowed them to expire Monday.

Southern California Gas issued high-linepack OFOs for Saturday and Sunday, then allowed them to expire Monday.

Dan L. Duncan, 77, who co-founded Enterprise Products Co. in 1968 and took Enterprise Products Partners (EPD) public in July 1998, died Sunday night at his home in Houston.

Dan L. Duncan, 77, who co-founded Enterprise Products Co. in 1968 and took Enterprise Products Partners (EPD) public in July 1998, died Sunday night at his home in Houston.

Southern California Gas kept a high-linepack OFO in effect through Sunday, then allowed it to lapse Monday. However, on Monday afternoon the company reinstated the OFO for Tuesday. SoCalGas also said it had lost 60 MMcf/d of injection capacity at its Aliso Canyon storage facility Monday, declaring force majeure due to a need for repairs to Generator #1’s oil pump. The reduction is expected to last through next Monday.