Tapping

NorTex Gas Storage Co. LLC, a subsidiary of Falcon Gas Storage Co. Inc., has started construction of the Worsham-Steed Pipeline, a 63-mile, 24-inch gas pipeline connecting Falcon’s Worsham-Steed Gas Storage Facility and tapping into the western portion of the Barnett Shale gas play in North Texas. Both a storage field expansion and the pipeline are expected to be in service in September.

NorTex Gas Storage Co. LLC, a subsidiary of Falcon Gas Storage Co. Inc., has started construction of the Worsham-Steed Pipeline, a 63-mile, 24-inch gas pipeline connecting Falcon’s Worsham-Steed Gas Storage Facility and tapping into the western portion of the Barnett Shale gas play in North Texas. Both a storage field expansion and the pipeline are expected to be in service in September.

Tapping into the renewable energy business, Nymex Holdings subsidiary the New York Mercantile Exchange (Nymex) signed an agreement Tuesday with Ardour Global Indexes LLC, a developer of benchmark indexes for the global alternative energy industry, to introduce alternative energy index futures and options contracts.

A quest to revive growth in Canadian natural gas supplies by tapping the nation’s vast coal seams has spread to the Atlantic region, where a Calgary-based specialist reports initial technical success with methane drilling.

A direct, express pipeline stretching all the way to Chicago from Prudhoe Bay is among the options being considered for tapping Arctic natural gas by the three principal production companies operating in Alaska. The mammoth possibility was disclosed in the Canadian gas capital of Calgary, to a conference of the Canadian Energy Research Institute, by the North American Natural Gas Pipeline Group.

In the first meeting of the newly-formed Alaska Highway Natural Gas Policy Council (AHNGPC) last week, Alaska Gov. Tony Knowles charged the 28-member panel of community, business and labor leaders with the task of looking into public policy questions surrounding the development and transportation of natural gas in the North Slope.

In the first meeting of the newly-formed Alaska Highway NaturalGas Policy Council (AHNGPC) last week, Alaska Gov. Tony Knowlescharged the 28-member panel of community, business and laborleaders with the task of looking into public policy questionssurrounding the development and transportation of natural gas inthe North Slope.

While three top Canadian producers move forward on tappingnatural gas reserves on the Mackenzie Delta and designing apipeline to bring it to market, the first step is being takentowards reopening drilling much farther north. For the first timesince the Prudhoe Bay discovery ignited an exploration rush on thetop of the world in the 1960s and ’70s, the vast Sverdrup Basin inthe Arctic Islands is being offered to gas hunters.

Interest in finally tapping natural gas on the northernfrontiers of North America reaches into the inner circles ofWashington, the Canadian supply community has learned.