Volumes

The Commodity Futures Trading Commission (CFTC) needs to pare down the data points required, set threshold volumes and integrate information collection in its existing reports with those encompassed in its proposed rule creating an account ownership and control report (OCR) to be filed weekly by exchange entities handling futures and derivatives trading, according to exchange operators.

First quarter results for Marcellus Shale player EQT Corp. got a strong boost from increased gas volumes and more favorable natural gas liquids (NGL) prices, the Pittsburgh-based company said last Wednesday.

First quarter results for Marcellus Shale player EQT Corp. got a strong boost from increased gas volumes and more favorable natural gas liquids (NGL) prices, the Pittsburgh-based company said Wednesday.

First quarter results for Marcellus Shale player EQT Corp. got a strong boost from increased gas volumes and more favorable natural gas liquids (NGL) prices, the Pittsburgh-based company said Wednesday.

Noting that over the past several days primary firm scheduled volumes through Kemmerer Compressor Station have exceeded design capacity of 655,000 Dth/d and current operational capacity of 680,000 Dth/d, Northwest said Sunday a Recall Advisory and OFO will become effective at the station Tuesday until further notice. Under the Recall Advisory, Northwest asks shippers to immediately recall capacity that is subject to OFO recall provisions. Shippers affected by the Recall Advisory and OFO are those that have a realignment OFO obligation through Kemmerer, the pipeline said. Northwest also lifted at the end of last Friday’s gas day a Declared Deficiency Period at Roosevelt Compressor Station, but it said a related OFO there remained in place due to high scheduled quantities through Roosevelt.

Goodrich Petroleum Corp. is keeping its capital spending in 2010 flat compared with 2009, but natural gas-heavy volumes still are forecast to jump 15-25%, the producer said Thursday.

Canadian natural gas exporters are taking a beating. Volumes fell by 17%, prices tumbled 68% and revenues plunged 74% in May, according to the latest trade records kept by the National Energy Board (NEB).

Canadian natural gas exporters are taking a beating. Volumes fell by 17%, prices tumbled 68% and revenues plunged 74% in May, according to the latest trade records kept by the National Energy Board (NEB).

Despite significantly lower realized commodity prices, increased volumes from the Overland Pass Pipeline and the Guardian Pipeline extension helped ONEOK Inc. keep its earnings at 39 cents/share on net income of $41.7 million in 2Q2009, compared with 39 cents/share on net income of $41.9 million in 2Q2008, the Tulsa-based company said Wednesday.