In what appear to be test cases, the Federal Energy Regulatory Commission has issued two orders to determine whether published natural gas price indexes that are cited by interstate natural gas pipelines in their tariffs are in compliance with the agency’s new mandated standards for price reporting and reflect sufficient liquidity at referenced pipeline locations.
Test
Articles from Test
NEB Focuses on Specific Mitigation Measures for Georgia Strait Pipeline
A test case has told the natural gas industry it can venture offshore of Canada’s west coast — if it is willing to wade through seas of environmental protest and local political resistance in British Columbia.
NEB Focuses on Specific Enviro Mitigation Measures in Approving Georgia Strait Pipeline
A test case has told the natural gas industry it can venture offshore of Canada’s west coast – if it is willing to wade through seas of environmental protest and local political resistance in British Columbia.
Futures Unable to Test $6.00 as Profit Taking Weighs on Prices
A spate of selling followed Thursday’s runaway 36-cent screen rise, as traders took profits ahead of the weekend and July natural gas futures sank 13.6 cents to close at $5.805 Friday. Meanwhile the 12-month strip slipped 8.4 cents to close at $5.821. At 60,140, estimated volume was weak.
Transportation Notes
“Due to anticipated milder temperatures and reduced operational flexibility resulting from the Bear Creek storage field test,” Tennessee said an OFO Action Alert will take effect Friday until further notice for all LMS-MA, LMS-PA and LMS-SA balancing parties and delivery (from Tennessee) for LMS-PL shippers with meters located in Zones 0, L and 1. If the Action Alert proves insufficient to maintain system integrity, the pipeline said, an OFO Balancing Alert may become necessary.
Canadian Superior Reports ‘Successful’ Well in East Ladyfern
Calgary’s Canadian Superior Energy Inc. has reported the first successful test well in a “very remote” and previously untested area east of the main Ladyfern play in northwest Alberta, where the company has an extensive land position. It’s too early to tell if the area will prove up as a major source similar to the now declining main Ladyfern field.
Canadian Superior Reports ‘Successful’ Well in East Ladyfern
Calgary’s Canadian Superior Energy Inc. Tuesday reported the first successful test well in a “very remote” and previously untested area east of the main Ladyfern play in northwest Alberta, where the company has an extensive land position. It’s too early to tell if the area will prove up as a major source similar to the now declining main Ladyfern field.
ANR Tests Ohio Market for Pipeline Expansion Project
ANR Pipeline Co. is holding a non-binding open season to test the Ohio market for additional transportation capacity needs to current and new delivery points in the western part of the state. Company officials said the project potentially would include new market laterals and expansion of existing system capacity from multiple supply areas.
ANR Tests Ohio Market for Pipeline Expansion Project
ANR Pipeline Co. is holding a non-binding open season to test the Ohio market for additional transportation capacity needs to current and new delivery points in the western part of the state. Company officials said the project potentially would include new market laterals and expansion of existing system capacity from multiple supply areas.
Transportation Notes
Southern Natural is conducting a shut-in test at its Muldon storage field, which is reducing storage injection capacity by 64%. Based on current supply and projected demand, Southern will substantially exceed its maximum storage capacity on Thursday. Southern said unless there is a significant reduction in supply, a Type 6 OFO could be implemented.