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El Paso Natural Gas (EPNG) is an American company and a 10,140-mile pipeline system consisting of a system of natural gas pipelines that brings gas from the Permian Basin in Texas and the San Juan Basin in New Mexico and Colorado to West Texas, New Mexico, Nevada, California, and Arizona. It also exports some natural gas to Mexico. [1]
In the Federal Energy Regulatory Commission (FERC) hearing Corinne Grace v. El Paso Natural Gas (1990), FERC states its reservation about this type of law being used to the detriment of oil and gas operators with limited resources to defend themselves from cancelled contracts by large pipeline companies.
El Paso Corporation was a provider of natural gas and related energy products and was one of North America's largest natural gas producers until its acquisition by Kinder Morgan in 2012. It was headquartered in Houston , Texas , United States .
Next-day natural gas prices for Wednesday at the Waha hub in West Texas plunged to record negative levels - meaning some drillers are paying those with spare pipeline capacity to take the unwanted ...
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Although El Paso Natural Gas Company was considered lawful in the cancelling the contract, the hearings resulted in the following conclusion on the abandonment of natural gas contracts by pipelines with independent oil and gas producers, within the setting of the new Natural Gas Wellhead Deregulation Act of 1989 having been passed by Congress and signed by President George H. W. Bush:
The city of El Paso and the Austin-based utility settlement sets a monthly surcharge for three years instead of 10 years. Texas Gas Service to charge El Paso customers less for February freeze ...
The pipeline runs El Paso Natural Gas, which is commonly known as EPNG. It moves the gas product to the areas of Arizona, Nevada, New Mexico, Oklahoma, Texas, and northern Mexico. The Mojave Pipeline itself is estimated to be around 500 miles long. [ 2 ]