Updated Aug 22, 2024
8/22/24
Natural gas futures traded both sides of the $4.00/MMBtu mark on Monday as bullish weather forecasts and persistently sagging storage levels quickly reversed the losses from late last week. The September Nymex gas futures contract hit a $4.042 intraday high but ultimately finished the day at $3.935, up only 2.1 cents from Friday’s close.
Eagle Ford Gathering LLC, a joint venture (JV) of Kinder Morgan Energy Partners LP and Copano Energy LLC said it will provide services in the Eagle Ford Shale play in South Texas to Chesapeake Energy Marketing Inc. a unit of Chesapeake Energy Corp.
Enstor will accept binding bids for firm storage capacity at its Alberta, Caledonia, Freebird, Grama Ridge and Katy facilities Sept. 16. through Sept. 30, the company said Tuesday.
A 36-inch diameter portion of the Oasis Pipeline System's Waha-to-Katy line at a remote location in Central Texas, between San Antonio and Austin, ruptured and an explosion appears to have damaged a compressor station early Thursday morning.