Regency cites Haynesville expansion progress

By OGJ editors
HOUSTON, Jan. 28 -- Regency Energy Partners LP, Dallas, said it has negotiated definitive agreements with shippers for 800 MMcfd or more than 70% of the capacity of its Haynesville gas pipeline expansion project in North Louisiana.

The company's existing system extends 320 miles from Waskom, Sligo, and Elm Grove fields near Shreveport to connections with interstate and intrastate pipelines near Winnsboro in Franklin Parish.

The agreements are for firm transportation capacity under 10-year contracts and are subject to conditions including final approval by Regency's board.

Regency said it is in advanced discussions with other shippers who have requested transport volumes that exceed the remaining capacity.

The company also said it has eliminated its obligation for the purchase of 28 miles of 24-in. pipe no longer needed for the revised 1.1 bcfd expansion.

The $650 million revised expansion calls for 128 miles of 36-42-in. pipe and 12,500 hp of compression.

The major milestone for the project is to finalize financing arrangements. Regency is working with GE Energy Financial Services to secure funding. If financing is obtained, the expansion is to be in service by the end of 2009.

Meanwhile, Regency is acquiring rights of way and environmental permits and clearances. A construction contractor is committed to the project, and 98% of the route has been selected and surveyed.

Regency has $230 million of purchase commitments related to the expansion.

Related Articles

OGJ Newsletter

02/16/2015

International news for oil and gas professionals

Lukoil lets contract for Uzbekistan gas processing plant

02/13/2015 Russia’s OAO Lukoil has let a contract to a consortium headed by South Korea’s Hyundai Engineering Co. Ltd., Seoul, for the construction of its lon...

FERC approves Constitution pipeline to move Marcellus gas northeast

02/10/2015 The Marcellus and Utica natural gas plays have made headlines for years, but moving the gas to end users to the East has not been easy due to a lim...

IHS: shale supply chain benefits diverse

02/10/2015 A diverse group of supply-chain industries is benefitting from unconventional oil and gas development in the US, according to a study that IHS rele...

OGJ Newsletter

02/09/2015

International news for oil and gas professionals

US Senate passes bill approving Keystone XL pipeline project

02/06/2015 The US Senate has passed a bill approving construction of the proposed Keystone XL crude oil pipeline by a 62-36 vote after 3 weeks of debate. Nine...

CNOOC lets contract for Huizhou refinery expansion

02/03/2015 CNOOC Oil & Petrochemicals Co. Ltd., a subsidiary of China National Offshore Oil Corp. (CNOOC), has let a contract to Porvair Filtration Group ...

Data refute Lew's claims about taxes paid by producers

02/02/2015

On the subject of taxation, administration officials count on the public to believe anything.

Near-term pipeline plans shrink, longer-term growth returns

02/02/2015 Planned pipeline construction to be completed in 2015 slipped 30% from forecasts for 2014, with expected products, crude, and natural gas project c...
White Papers

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...
Available Webcasts


Cognitive Solutions for Upstream Oil and Gas

When Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

When Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST



On Demand

Prevention, Detection and Mitigation of pipeline leaks in the modern world

Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST


Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected