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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Robert E. Brooks" <rebrooks@earthlink.net<@ENRON X-To: 'GPCM Distribution' <rebrooks@rbac.com< X-cc: X-bcc: X-Folder: \vkamins\Deleted Items X-Origin: KAMINSKI-V X-FileName: vincent kaminski 1-30-02.pst Finalized RDI / Platts Winter 2002 GPCMdat to be Released Monday Mike Farina's team at RDI is putting finishing touches on the winter 2002 release of the GPCMdat database, including documentation. This release improves a few items identified in the preliminary release a couple of weeks ago. You can retrieve this database from the GPCM website beginning Monday, January 21. From Gas Daily: http://gasdaily.com Kinder Morgan Moving Ahead with Advantage Pipeline Gas Daily reports that Kinder Morgan is planning to go ahead with its previously announced Advantage Pipeline, which would connect the Cheyenne Hub with points in Eastern Kansas. KM would also expand its 8 bcf storage Huntsman storage facility near Cheyenne Hub to about 14 bcf. Advantage would be built with an initial capacity of 330 mmcfd and could be expanded to 450 per day as coalbed methane production in Wyomingincreased. The pipe is planned to be operational by late 2004. From http://www.enerfax.com : Westchester County, NYBattles Millennium Pipeline WestchesterCounty, north of New York City, will petition the FERC to reconsider its decision to permit Columbia Gas to build the 530-mile Millennium pipeline from Ontarioto Mount Vernon, NY. The pipeline would transport 700,000 Mcf per day to New York Cityand southern parts of the state. The county alleges that the FERC prematurely granted Columbia's request to build the pipeline. They say that Columbiadoes not have the needed state approvals to proceed with construction and that the company did not provide crucial information about using dynamite to blast in environmentally sensitive areas in the Hudson River. A FERC study found that the pipeline would have limited adverse environmental impact and was the preferred alternative to deliver natural gas to New York. The commission has 30 days to respond to the county's petition. If denied, Westchestercan then seek a court order to block construction. The county has asked several state regulatory departments to deny future approvals and cancel existing permits already granted. Westchesterwill also refuse to grant Columbia permits for construction on county land. Additionally, the county is questioning whether the pipeline violates a state plan to protect coastal areas from environmental damage. Federal law prohibits a federal agency from granting approval for projects that affect the coastline if a state finds it violates its own coastal plan. In addition, county officials have asked the governor to intervene when he attends a FERC conference later this month. Canadian Drilling to Drop this Year The Petroleum Services Association of Canada says that Western Canadian producers expect to cut drilling by 26% this year and natural gas will continue to dominate exploration activity. It predicts 13,386 wells will be drilled in western Canada, down from last year's record 18,024. Natural gas will account for 8,189, or 61%, of its forecast well completions this year. PSAC expects 10,309 wells to be drilled in Alberta, down 26% from 2001; 2,323 wells in Saskatchewan, a 25% drop; and 674 in northeastern British Columbia, down 29%. There were 11,177 natural gas completions last year in the WesternCanadaSedimentaryBasin, with another 26 natural gas wells drilled in the East Coast offshore. Bob Brooks GPCM Natural Gas Market Forecasting Systemhttp://gpcm.rbac.com
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