Pipeline and Infrastructure Enroute
"Energy Transfer Partners LP, which operates natural gas midstream and transportation and storage businesses, said Tuesday it struck an agreement with a subsidiary of Chesapeake Energy Corp., the nation's largest natural gas producer, to construct a natural gas pipeline, a project estimated to cost between $1 billion and $1.2 billion."
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"ETP has agreed with Chesapeake Energy (nyse: CHK - news - people ) Marketing Inc. to construct a 178-mile, 42 inch interstate natural gas pipeline that will connect ETP's pipeline system near Carthage, Texas, extend through the heart of the Haynesville Shale and end near Delhi, La., which interconnects to at least seven interstate pipelines at various points in Louisiana."
Which way will this baby go?
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"Chesapeake believes the Haynesville Shale has the potential to become the largest producing field in the country," said Aubrey McClendon, Chesapeake's chief executive. "Significant capacity must be built to insure the deliverability of natural gas from this rapidly expanding area and we are pleased to be able to support ETP in this very important project."
Well, I guess Chesapeake is serious about this thing. lol.
Forbes Story
More....
"ETP has agreed with Chesapeake Energy (nyse: CHK - news - people ) Marketing Inc. to construct a 178-mile, 42 inch interstate natural gas pipeline that will connect ETP's pipeline system near Carthage, Texas, extend through the heart of the Haynesville Shale and end near Delhi, La., which interconnects to at least seven interstate pipelines at various points in Louisiana."
Which way will this baby go?
View Larger Map
More...
"Chesapeake believes the Haynesville Shale has the potential to become the largest producing field in the country," said Aubrey McClendon, Chesapeake's chief executive. "Significant capacity must be built to insure the deliverability of natural gas from this rapidly expanding area and we are pleased to be able to support ETP in this very important project."
Well, I guess Chesapeake is serious about this thing. lol.
Add a Comment
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Comment by Cousin 1 on January 30, 2009 at 9:33
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Does anyone have info re pipeline leases, length of time of lease, one-time payment or monthly/quarterly payments, going rate for such lease (I assume determined partially by how many acres of your land it crosses). I own land in North Sabine Parish - no well near me yet - but trying to gather knowledge to be prepared.
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landowner Comment by Keith Mauck (Site Publisher) on January 28, 2009 at 4:21 -
That document can be found at http://www.gohaynesvilleshale.com/page/helpful-docs
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landowner Comment by Big Daddy, bcnr on January 27, 2009 at 16:23 -
Amen, Amen. Eric, thanks so much for the Pipeline ROW guide you posted on GHS. I used it as tool when I contacted an attorney recently. Made the process much easier. Lots of things I would have never thought of. But the important part. GET AN ATTORNEY !
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Oil & Gas Pro Comment by Eric Camp on January 27, 2009 at 13:18 -
Because of this, a lot of landowners are going to be approached about signing pipeline right-of-way and easement agreements. And since this is a VERY wide 42 inch interstate pipeline, it will burden properties more than a smaller flow or gathering line. Landowners need to be aware of their rights. When in doubt, landowners should contact an oil and gas attorney to (1) maximize their compensation and (2) negotiate sufficient surface protection language into the agreements.
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