Saying withdrawals from its Washington Ranch storage facility were at maximum levels, El Paso declared an Unauthorized Overpull Penalty situation Tuesday.
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Transportation Notes
Saying its Washington Ranch storage facility was experiencing maximum withdrawals, El Paso declared an Unauthorized Overpull Penalty situation Wednesday afternoon. It remained in effect Thursday.
Transportation Notes
Saying its Washington Ranch storage facility was experiencing maximum withdrawals, El Paso declared an Unauthorized Overpull Penalty situation Wednesday afternoon. It remained in effect Thursday.
Transportation Notes
Because of its Washington Ranch storage facility experiencing maximum withdrawals, El Paso declared an Unauthorized Overpull Penalty situation Wednesday.
Transportation Notes
Saying its Washington Ranch storage facility was experiencing maximum withdrawals, El Paso declared an Unauthorized Overpull Penalty situation Monday.
Transportation Notes
Citing maximum withdrawals at its Washington Ranch storage facility, El Paso declared an Unauthorized Overpull Penalty situation Tuesday. The pipeline also said the Flagstaff (AZ) Station’s #1 unit requires extensive repairs that will make the station unavailable through April 9. The work reduced capacity of the North Mainline by about 90 MMcf/d effective with Tuesday’s Cycle 2 nominations.
Transportation Notes
Saying its Washington Ranch storage facility was experiencing maximum withdrawals, El Paso declared an Unauthorized Overpull Penalty situation Tuesday. The pipeline said it would limit scheduled volumes at underperforming interconnects to insure system integrity.
Transportation Notes
Southern California Gas declared an OFO for the Evening Cycle of Wednesday.
Transportation Notes
Saying its Washington Ranch storage facility was experiencing maximum withdrawals, El Paso declared an Unauthorized Overpull Penalty situation Sunday. The situation was still in place Monday until further notice, the pipeline said. To insure system integrity, it will limit scheduled volumes at interconnects that are underperforming.
Waiting for Withdrawals, Bulls Bide Their Time
With little in the way of fresh fundamental news Wednesday, futures traders remained mostly on the sidelines, waiting for fresh storage data to be released Thursday morning. After gapping higher at the opening bell, the December contract could not hold gains yesterday and quickly fell back into the low $3.80s. Strip-buying was seen for the second day in a row, but it did little for the December contract, which closed with a 2.9-cent decline at $3.854.