Articles for NGS

In a Cheap-Gas World, a Profit Patch By ANN DAVIS Rock-bottom natural-gas prices aren't getting everyone down in the energy patch. Some participants are riding the downturn all the way to the bank. Commodity traders and utilities have been stashing cheap gas in underground storage caverns during the past year. They have been locking in sales of the gas for future delivery at much higher prices on the futures markets or keeping costs low... (continued) Please click the link ...

NGS Energy Signs Exclusivity Agreement, Considers Entrance into Arizona Natural Gas Storage Market NGS Energy LP and El Paso Corporation have signed a Memorandum of Acquisition and Understanding with regard to El Paso’s Pinal County, Arizona natural gas storage asset. Under the agreement, NGS Energy has an exclusive due diligence period and right to purchase all acreage, wells, geological and technical data and rights currently held by El Paso. The storage project is in the Picacho Basin ...

WESTPORT, Conn., Jan 3, 2008/ PRNewswire/--Independent Gas Storage developer, NGS Energy, announced today that it will develop a new major transportation and storage hub from Perryville to Delhi in Northeast Louisiana. This new hub – the Gulf Coast Connector – will be ideally situated to connect the prolific Barnett Shale gas play to higher valued markets and will provide greater reliability to both producers and consumers of gas throughout the region. The project will have ...

WESTPORT, Oct 3/ NGS Energy is proud to announce that Sid Cecil has joined the company as Vice President of Engineering and Technology. Sid has thirty-three years of experience in hydraulic, process, and mechanical design, supervision and management of oil and gas production, processing, storage, and pipeline network systems. His project portfolio includes offshore and onshore installations for both domestic and international locations. His experience includes conceptual design, specialty ...

Westport, Connecticut, October 19, 2006 – NGS Investments LLC today announced an open season for natural gas storage services to be provided by the Leaf River Energy Center, a new salt cavern natural gas storage facility to be constructed in Smith County, Mississippi. Potential shippers are invited to respond during this open season with expressions of their interest in purchasing natural gas storage and hub services to be provided by the proposed facility. The open season runs ...