It’s taken just eight months since its discovery, but MarinerEnergy Inc. says that the Apia Project, a deep-water Gulf of Mexicosingle subsea well, is completed and is producing nearly 40 MMcf/dof natural gas. Located in Garden Banks block 73, the well isproducing at a water depth of 700 feet, connected to a hostplatform approximately three miles away.
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TransCanada Begins Exit from Midstream
TransCanada PipeLines has taken the first steps in a bold planto divest $3 billion in assets in its Canadian midstream,international and refined products transportation businesses. Thecompany sold subsidiary NovaGas Canada LP’s Provost gas plant andgathering system to a subsidiary of Midcoast Energy Resources Inc.last week for an undisclosed sum and completed the sale of its PeshCreek processing complex and East Australia pipeline system earlierthis month. The total value of the two Canadian processing planttransactions comes to about $42 million.
TransCanada Continues Exit from Midstream
TransCanada PipeLines has taken the first steps in a bold planto divest $3 billion in assets in the Canadian midstream,international and refined products transportation businesses. Thecompany sold subsidiary NovaGas Canada LP’s Provost gas plant andgathering system to a subsidiary of Midcoast Energy Resources Inc.yesterday for an undisclosed sum and completed the sale of its PeshCreek processing complex and East Australia pipeline system earlierthis month. The total value of the two Canadian processing planttransactions comes to about $42 million.
Southern LNG Facilities Taken Out of Mothballs
FERC cleared the way last week for Southern LNG Inc. to take itsliquefied natural gas terminal facility on Elba Island in Georgiaout of mothballs.
New Brunswick, Quebec Explore Missing Pipeline Link
After about half a year of negotiations, a first step has beentaken towards filling in the last missing link in the Canadianeast-west pipeline grid for natural gas. The Quebec and NewBrunswick governments set a date of Feb. 28 for a formal signingceremony for an agreement-in-principle on promoting construction ofa gas link between their provinces.
INGAA Downsizes Amid Merger Activity
The stepped-up merger frenzy of gas pipeline companies has takenits toll on the Interstate Natural Gas Association of America(INGAA), which announced Friday it was downsizing its staff inresponse to its loss of members and dues.
INGAA Downsizes Amid Bustling Merger Activity
The stepped-up merger frenzy of gas pipeline companies has takenits toll on the Interstate Natural Gas Association of America(INGAA), which announced Friday it was downsizing its staff inresponse to its loss of members and dues.
Transportation Note
El Paso said Friday the White Rock (NM) Station had been takenout of service for emergency maintenance. The pipeline heldcapacity out of San Juan Basin at the Cycle 2 scheduled rate of2,685 MMcf/d Friday but lowered the volume slightly to 2,680 MMcf/dfor Saturday’s gas day.
Williams Announces Buccaneer Pipeline Results
In the race to obtain as much of the bounteous Florida market aspossible, Williams has taken the early lead over Coastal as thecompany reported 1.3 Bcf/d in nominations received during theBuccaneer Pipeline open season. The open season ended in lateMarch.
CPUC Seeks Social Costs from Bypassing Questar Line
California regulators have taken a potentially precedent-settingstep by asking FERC to condition a certificate for Questar’sproposed Southern Trails Pipeline on the company first agreeing torecover from its in-state customers the costs of social programsthat would be potentially stranded by its bypass of SouthernCalifornia Gas (SoCalGas).