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Carolyn Davis, Author at Natural Gas Intelligence - Page 2 of 530

New Orleans-based McMoRan Exploration Co. said this week that it has gauged more Gulf of Mexico deep shelf natural gas condensate discoveries and plans to soon ramp up production.

El Paso Corp.'s Tennessee Gas Pipeline is considering expanding its mainline system and its Northeast Passage Project, which would deliver Rockies natural gas to East Coast markets, in response to shippers' requests for takeaway capacity from the emerging Marcellus Shale play in northeastern Pennsylvania.

Spurred higher by somewhat colder temperatures and a spooked crude futures market, February natural gas started Tuesday above $9 and continued higher from there. The prompt month peaked at $9.290 just before settling at $9.168, up 37.7 cents from Friday's close.

The Department of Transportation (DOT) has issued a final rule that will allow certain natural gas pipelines to operate at higher maximum allowable operating pressures (MAOP) than those permitted under existing pipeline safety regulations. Pipeline operators will no longer have to apply for special permits to operate at higher pressures, as is currently required.