Sunday

CIG said it had completed repairs to the Totem Storage Field dehydration facility and would complete commissioning operations there Sunday (March 7). The associated force majeure will be terminated Monday, CIG said, and a restoration of full withdrawal operations will be implemented then.

CIG said it had completed repairs to the Totem Storage Field dehydration facility and would complete commissioning operations there Sunday (March 7). The associated force majeure will be terminated Monday, CIG said, and a restoration of full withdrawal operations will be implemented then.

After ending a one-day high-inventory OFO on its California Gas Transmission system Sunday, Pacific Gas and Electric went the other way in issuing a systemwide Stage 2 low-inventory OFO for Wednesday. Noncompliance penalties of $1/Dth were set for exceeding a 5% tolerance on negative daily imbalances.

Southern Natural Gas canceled Wednesday the Type 6 OFO for short imbalances that it had implemented last Sunday.

Southern Natural Gas implemented an OFO Type 6 for short imbalances effective Sunday until further notice. Tiered penalties were set for noncompliance.

After ending a two-day systemwide Stage 3 high-inventory OFO Saturday, Pacific Gas and Gas implemented another OFO for Sunday on its California Gas Transmission system but allowed that one to lapse Monday.

Denbury Resources Inc., an oil recovery specialist, and Encore Acquisition Co. on Sunday agreed to merge in a transaction initially valued at $4.5 billion, including debt. According to Denbury, the merger could result in the sale next year of noncore assets, including Encore’s natural gas-weighted properties.

The Oregon Public Utility Commission (PUC) on Tuesday approved a substantial decrease in retail natural gas utility rates, effective Sunday, following earlier filings by Portland-based NW Natural for a 16% rate drop, its lowest rates in five years, and similar large decreases for the state’s two other major private-sector gas utilities — Spokane, WA-based Avista Utilities and Seattle-based Cascade Natural Gas Co.

Pacific Gas and Electric ended a high-inventory OFO on its California Gas Transmission system Sunday after a two-day run.