In a decision cheered by conservationists as a turning point in their direction, EnCana Corp. has been barred at least temporarily from drilling in a spot that was a cornerstone of its growth into Canada’s top natural gas producer for 34 years.
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Colorado Wants Piceance Pipeline Work Halted
Colorado’s attorney general has asked a state district court to temporarily halt Enterprise Products Partners LP’s construction of a natural gas pipeline system in the Piceance Basin because of sediment runoff.
Colorado Wants Gas Pipeline Work Halted
Colorado’s attorney general has asked a state district court to temporarily halt Enterprise Products Partners LP’s construction of a natural gas pipeline system in the Piceance Basin because of sediment runoff.
Columbia Gulf Restarts Partial Flows, Accepting Receipts Again
Columbia Gulf Transmission (CGT) resumed partial flows late Wednesday evening after temporarily suspending production-area receipts Wednesday due to its Hartsville (TN) Compressor Station being heavily damaged by a fiery explosion caused by a tornado strike Tuesday night (see Daily GPI, Feb. 7).
Barnett Play Eclipses Trend of Declining Gas Output
Higher initial production (IP) rates from unique natural gas resource plays like the Barnett Shale have, at the very least, temporarily overcome the long-term trend of declining U.S. gas well productivity and could strengthen core supply for another two years, according to research by Raymond James & Associates Inc.
Barnett Play Eclipses Trend of Declining Gas Output
Higher initial production (IP) rates from unique natural gas resource plays like the Barnett Shale have, at the very least, temporarily overcome the long-term trend of declining U.S. gas well productivity and could strengthen core supply for another two years, according to research by Raymond James & Associates Inc.
Most Points Rally; Rockies Crash Sees 50-Cent Quote
With freezing overnight lows having settled themselves into the Midwest and Northeast at least temporarily and even some Southern cities dipping into the 30s, most points were able to rebound Monday from the previous Friday’s across the board losses.
Transportation Notes
Pacific Gas & Electric did not extend a customer-specific low-inventory OFO beyond Thursday.
Futures Remain Range-Bound Following 132 Bcf Storage Withdrawal
After plunging lower Thursday morning to temporarily threaten the psychological $7 level following the Energy Information Administration’s (EIA) 132 Bcf storage withdrawal report, April natural gas rebounded later in the session to settle at $7.288, down 1.2 cents from Wednesday.
Ultra-Deep Gas Well in GOM Fails to Reach Primary Targets
An ultra-deep natural gas well being drilled in the Gulf of Mexico on the Treasure Island play by a consortium of producers will be temporarily abandoned after failing to reach its primary targets. The well failed to reach its targets because of higher than expected pressure, said 23%-stakeholder Newfield Exploration Co.