TCM starts construction on East Texas gas gathering system
This is good news.
TCM starts construction on East Texas gas gathering system
Published: Apr 28, 2010
Tenaska Capital Management to launch 1 bcf/d high capacity system
Tenaska Capital Management LLC (TCM) has started construction of TPF II
East Texas Gathering LLC (ETG), a major high capacity natural gas
gathering system with multi-market capacity to serve the Haynesville
shale formation in East Texas.
Read more about Tenaska Capital Management's midstream expansion here.
TCM, manager of the $2.4 billion TPF II LP, a private equity fund, says
the 110-mile, 24-inch system will have a design capacity of over 1
billion cubic feet (bcf) per day. The system will initiate gas
deliveries by mid-2010.
The system will traverse the Texas
portion of the Haynesville Shale gas producing formation in
Nacogdoches, San Augustine, Sabine, Shelby and Panola Counties, an area
where production requires significant additional pipeline capacity to
provide adequate access to markets. ETG will interconnect with multiple
pipelines in the region.
“This high capacity gathering pipeline will be a critical element
serving shale gas producers in the region and is a reflection of the
confidence TCM has placed in the potential for the Haynesville Shale
formation,” said TCM CEO and senior managing director Paul Smith.
“Shale gas plays are the focus of intense industry interest today,
given the advanced technologies that are allowing production of gas
that was previously unobtainable. The Haynesville formation has the
capacity to be one of the most productive of the deep shale formations
in the US,” he said.
“Our development of ETG has generated significant interest, and we have
entered into agreements with multiple producers covering a material
portion of the pipeline capacity,” said Smith. “We will be providing
gathering services required by our producer customers with excellent
flexibility to redeliver gas to key local and interstate markets in
East Texas.”
TCM starts construction on East Texas gas gathering system
Published: Apr 28, 2010
Tenaska Capital Management to launch 1 bcf/d high capacity system
Tenaska Capital Management LLC (TCM) has started construction of TPF II
East Texas Gathering LLC (ETG), a major high capacity natural gas
gathering system with multi-market capacity to serve the Haynesville
shale formation in East Texas.
Read more about Tenaska Capital Management's midstream expansion here.
TCM, manager of the $2.4 billion TPF II LP, a private equity fund, says
the 110-mile, 24-inch system will have a design capacity of over 1
billion cubic feet (bcf) per day. The system will initiate gas
deliveries by mid-2010.
The system will traverse the Texas
portion of the Haynesville Shale gas producing formation in
Nacogdoches, San Augustine, Sabine, Shelby and Panola Counties, an area
where production requires significant additional pipeline capacity to
provide adequate access to markets. ETG will interconnect with multiple
pipelines in the region.
“This high capacity gathering pipeline will be a critical element
serving shale gas producers in the region and is a reflection of the
confidence TCM has placed in the potential for the Haynesville Shale
formation,” said TCM CEO and senior managing director Paul Smith.
“Shale gas plays are the focus of intense industry interest today,
given the advanced technologies that are allowing production of gas
that was previously unobtainable. The Haynesville formation has the
capacity to be one of the most productive of the deep shale formations
in the US,” he said.
“Our development of ETG has generated significant interest, and we have
entered into agreements with multiple producers covering a material
portion of the pipeline capacity,” said Smith. “We will be providing
gathering services required by our producer customers with excellent
flexibility to redeliver gas to key local and interstate markets in
East Texas.”
Views: 45
Replies to This Discussion
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Permalink Reply by ken hatcher on
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It is indeed good news!
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Permalink Reply by Frank Coday on
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Interesting article about Tenaska presentation on this line @ Sabine County Commisioner's meeting- Local on line news source " ToledoChronicle.com"
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Permalink Reply by ALongview on
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That is great info Frank. That map puts the E/W line right about where you saw the survey markers.
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PIPELINE.doc, 348 KB
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Permalink Reply by jffree1 on
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Section I crosses FM 226 south of Woden in Nac. Co. and appears to be finished... straight as an arrow for miles east and west of the Hwy.
I hope they get our part done as fast. I've been crossing the ROW since June, once or twice a week, and they went through that spot in a blink, it seems like. -
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Permalink Reply by Frank Coday on
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ALongview, I am really convinced now. Also believe this is the 12/24" transition point on the Hall line, then the remaining SSE 24" Section IV is the same line as what I've been calling the " Hall" line to Hwy. 21. Last Sat. the pipeline contractor people referred to Tenaska as the "big bosses" on the line and the gas gathering agreement for the area is also Tenaska. Only thing I don't understand is that the last few miles of Sect. IV goes a few miles S. of Hwy 21 past the transmission line tie in if my scaling is correct???
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