Regency Energy Partners LP (Nasdaq: RGNC), Alinda Capital Partners LLC (“Alinda”) and an affiliate of GE Energy Financial Services (collectively, the “Joint Venture”) announced today that its Haynesville Expansion Project and Red River Lateral are in service. The Haynesville Expansion Project and the Red River Lateral increase the total pipeline capacity of the Regency Intrastate Gas System (“RIGS”) to approximately 2.1 Bcf/d.
“The Haynesville Expansion Project was specifically constructed to provide much needed takeaway capacity for Haynesville Shale gas in North Louisiana and is the first major project to be placed in service in the region,” said Byron Kelley, chairman, president and chief executive officer of Regency. “This accomplishment is a testament to the execution and dedication of our construction team and contractors, who worked diligently to ensure an under-budget completion, despite challenging weather conditions.”
“We continue to see impressive drilling results in the Haynesville Shale, and the Joint Venture is evaluating additional expansions to RIGS, which we believe is well positioned for future growth in the region,” continued Kelley.
The Haynesville Expansion Project and the Red River Lateral are underwritten by firm transportation agreements with 10-year terms, and approximately 85 percent of projected revenues are expected to come from reservation fees. RIGS will begin charging shippers for reservation fees commencing February 1, 2010.
Buck
Tags:
The History of GoHaynesvilleShale.com
GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
ContinuePosted by Keith Mauck (Site Publisher) on May 21, 2025 at 6:00
246 members
359 members
121 members
193 members
146 members
400 members
101 members
150 members
166 members
9 members
© 2025 Created by Keith Mauck (Site Publisher).
Powered by
h2 | h2 | h2 |
---|---|---|
AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
Links |
Copyright © 2017 GoHaynesvilleShale.com