OT, more gas storage: "CNYOG is seeking authority to charge market-based rates for the storage services it proposes to provide from the Stagecoach Storage project."

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=2000_register&docid=00-787-filed

CNYOG proposes to develop a high-performance natural gas storage project (Stagecoach Storage Project) with a maximum working gas capacity of approximately 13.6 Bcf at the Stagecoach Gas Field, an existing natural gas producing field located in Tioga County, New York and Bradford County, Pennsylvania. CNYOG states that the Stagecoach Storage Project will initially be interconnected with the pipeline facilities of Tennessee Gas Pipeline Company, and has the potential to be interconnected with at least three other interstate pipelines and a local distribution company located nearby.

CNYOG states that the Stagecoach Storage Project will have an initial working gas capacity of 11.94 Bcf at a reservoir pressure of 2,850 psi, and approximately 13.6 Bcf at a reservoir pressure of 3,250 psi (all assuming a minimum operating pressure of 600 psi). The Stagecoach Storage Project will be capable of supporting withdrawals of up to 500 Mmcf/d and injections of up to 250 Mmcf/d. CNYOG claims the anticipated performance of the Stagecoach Storage Project will far exceed that typical of depleted reservoir facilities located in the Northeast market area. CNYOG further states that the Stagecoach Storage Project will be ideally suited for meeting the rapidly changing demands of the electric generation market that is driving much of the growth in natural gas demand in the Northeast.

-- Hokie (Hokie_@hotmail.com), January 14, 2000

Answers

Ok, I give, what is up with Gas. And should we be concerned about this.

-- Squid (ItsDark@down.here), January 14, 2000.

It is odd that all these reports hit the Federal Register today. I think it's only pieces of a puzzle here, so I'm hoping someone else can put up a few more pieces so we can make sense outta the picture being painted.

-- Hokie (Hokie_@hotmail.com), January 14, 2000.

There was a prediction that the embedded pipeline leak detectors would fail at around 10% I believe. Don't know if any of that has panned out yet, but it would be a good reason as well for ah building new lines.

-- Hokie (Hokie_@hotmail.com), January 14, 2000.

well gee, i am surprised jim cooke isn't here yet to explain it?

are you pretty faithful in watching the federal register hokie? is this unusual to see so many?

-- tt (cuddluppy@aol.com), January 14, 2000.


LOL--tt. Yep, hopefully Jim will be able to solve my remaining mystery, heh. That would be cool.

-- Hokie (Hokie_@hotmail.com), January 14, 2000.


Do you know how long it takes to get the preparatory paper work, the local govt approvals, the EPA stuff out of the way, the citizen input, the financing and partnership agreements and the actual building of the line???

These new lines are long-term, and not a solution to any transmission problems right now if there are any. I don't know if this is the case, but natural gas is preferable to other heating forms for many reasons and I see this as a market move to pick up business, not to solve any computer problems.

Just an opinion which is shared by my stockbroker (who is a professional Oil Patch Doomer).

-- Laurane (familyties@rttinc.com), January 14, 2000.


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