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Natural Gas Business Associates company history timeline

1816

In 1816, Baltimore, Maryland used this type of manufactured natural gas to become the first city in the United States to light its streets with gas.

1821

In 1821, William Hart dug the first successful natural gas well in the United States in Fredonia, New York.

1836

In 1836, the City of Philadelphia created the first municipally owned natural gas distribution company.

1870

Within the first 30 years after Standard Oil's founding in 1870, Rockefeller had formed and acquired companies that explored for gas throughout the Appalachian basin and piped it to Pittsburgh, Pennsylvania; Cleveland and Akron, Ohio; and other growing industrial centers in the region.

1885

During most of the 19th century, natural gas was used almost exclusively as a source of light, but in 1885, Robert Bunsen's invention of what is now known as the Bunsen burner opened vast new opportunities to use natural gas.

1937

Since 1937 CNG has led the United States in natural gas storage capacity.

1942

In 1942 Standard Oil (New Jersey) organized Consolidated Natural Gas Company as a subsidiary and transferred to CNG its natural gas gathering and transmission assets.

1947

In 1947 to cope with the postwar surge in demand, CNG made its first public stock offering, totaling $8.2 million.

1948

CNG's first debenture issue, which totaled $30 million, came in 1948.

1961

CNG formed Consolidated Natural Gas Service Company, Inc. in 1961 to centralize accounting, data processing, employee relations, marketing, and rate and tax administration functions.

1965

In 1965 CNG merged its Hope and New York State Natural Gas interstate pipeline companies to form Consolidated Gas Supply Corporation, now known as CNG Transmission Corporation.

1966

With a group of partners, CNG purchased 168,000 acres of developable drilling sites in the gulf that year, and in 1966 established a full-scale exploration and production staff in New Orleans to become the operator on many of its leases.

1969

In 1969 CNG acquired the West Ohio Gas Company, of Lima, Ohio, along with its 50,000 customers.

1972

By 1972 the New Orleans office was made into a subsidiary, CNG Producing Company.

1979

In 1979 CNG became the first gas utility company to sell significant amounts of gas and associated storage to neighboring pipelines and utilities, and later sold independent storage services.

1983

Natural Gas Associates' first natural gas processing and gathering system went into operation in March 1983.

ANG began as a partnership under the name Natural Gas Associates (NGA) in 1983.

In 1983 CNG negotiated agreements with a group of utilities in New England, New Jersey, and the New York City metropolitan area, under which CNG would sell gas at wholesale prices to the utilities.

1984

That oversupply, worsened by a string of unusually warm winters, led to declining gas and oil prices, and produced a trying time for CNG. Profits remained flat or fell off while corporate revenues reached peak levels, cresting at $3.5 billion in 1984.

Deliveries began in 1984.

1986

In 1986, the company purchased the Colorado Gathering & Processing Corporation, a subsidiary of Wichita Industries.

NGA was also active in the mid-continent region in 1986, purchasing two parallel pipelines in Oklahoma at a Federal Bankruptcy Court auction.

1987

By 1987, NGA had annual sales of $85.3 million and net income of $1.1 million.

1988

Bullwinkle, the world’s tallest man-made offshore structure, was launched May 21, 1988 by Shell Offshore, Inc.

In 1988, the company more than doubled its revenue to $189 million, and it went public with an initial stock offering.

CNG made a major find of oil at Cottonwood Creek in Carter County, Oklahoma, in 1988.

1989

The group was created following the March 24, 1989 oil tanker spill in Alaska’s Prince William Sound.

The income came on sales of 125.2 billion cubic feet of gas to industrial customers and 185.9 billion cubic feet of gas to residential customers, both down slightly from 1989, while sales to commercial customers were 80.8 billion cubic feet, about the same as in 1989.

1990

In 1990, the company purchased natural gas gathering systems from Galaxy Energies Inc. and AD-AM Gas Company.

It also required a 162-mile pipeline extension, construction of which began in early 1990.

It provided 128 billion cubic feet of storage service to other companies in 1990.

To enhance its position in this area of service, CNG embarked on a five-year, $900 million capital improvement program in 1990 aimed at adding transportation and storage facilities.

1991

ANG prospered in 1991.

With these purchases, ANG's pipeline system in Colorado was stretched to 1,350 miles, helping boost the company's net income to over $10 million, on sales of $636 million, for 1991.

1992

But most of ANG's activity in 1992 was concentrated in Oklahoma, where the company consolidated its system in the eastern part of the state with gathering and processing facilities acquired from Triumph, Finlay, and Philips Petroleum.

During 1992, the company expanded operations in all of its major areas of activity.

636, issued in 1992, completed the process of unbundling gas supply from gas delivery by making pipeline unbundling a requirement.

1993

In 1993, the company owned about 8,000 miles of pipeline, and had gathering, processing, or transmission facilities in nine southern and southwestern states: Alabama, Arkansas, Colorado, Kansas, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas.

The company processed, marketed, or gathered 1.21 billion cubic feet of natural gas daily in 1993.

ANG sustained its momentum through 1993.

It was in 1993, however, that the natural gas industry began a major change when the Federal Energy Regulatory Commission deregulated certain parts of the industry.

To effectively compete in this new market, CNG Energy Services was established in 1993 to market both natural gas and electricity throughout North America.

1994

The company continued to expand through acquisitions in 1994.

In 1994, a marketing agreement was formed with both Hydro-Quebec, the largest hydroelectric producer in North America, and with gas distributor Noverco, Inc., to market energy services in parts of the United States and Canada.

In 1994, the company drilled two gas wells in the Gulf of Mexico, in partnership with Oryx Energy in a project known as Popeye, and added 190 billion cubic feet to its gas reserves.

1995

In 1995, another alliance was formed with electric utility, Energy Australia, to develop cogeneration and gas projects in Asia and Australia.

1996

In 1996, CNG International was created to look for overseas markets.

Operating Revenues: $3.79 billion (1996)

2004

As this 2004 edition of the APGA History Highlights goes to print, liquefied natural gas (LNG) is beginning to play a more prominent role in the overall gas supply picture.

2022

@ 2022 LMOGA All Rights Reserved

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