- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Where do you see o&g headed in the future?
Posted on 3/21/14 at 9:10 am to cwill
Posted on 3/21/14 at 9:10 am to cwill
Saw this and it piqued my interest:
PennTex Midstream Partners, LLC launches with the signing of transactions in the Permian and North Louisiana
Pardon my lack of understanding of scale with this stuff, but how big a deal is this in north LA? There isn't much like this (meaning the processing facility in particular) there, right? And how big a deal is whatever pipeline or other infrastructure they'll likely be using?
ETA: also dug this up direct from the company, sounds like it says the same stuff
PennTex Midstream Partners, LLC launches with the signing of transactions in the Permian and North Louisiana
Pardon my lack of understanding of scale with this stuff, but how big a deal is this in north LA? There isn't much like this (meaning the processing facility in particular) there, right? And how big a deal is whatever pipeline or other infrastructure they'll likely be using?
quote:
On March 17, 2014, PennTex closed the formation of PennTex North Louisiana, LLC ("PennTex NLA"). PennTex NLA is a strategic joint venture between PennTex and producers in North Louisiana. The joint venture establishes an area of mutual interest among the parties in North Louisiana for the development of midstream infrastructure to support growing production from its partners and other producers in the area. The initial phase of growth consists of the construction of a 200 MMcf/d cryogenic processing plant and associated natural gas residue and natural gas liquids pipelines. PennTex NLA expects this initial system to be in commercial operations in the first quarter of 2015. PennTex is in discussions with producers regarding additional expansions to its facilities as well as additional midstream services to support regional producers.
ETA: also dug this up direct from the company, sounds like it says the same stuff
This post was edited on 3/21/14 at 9:12 am
1
Posted on 3/21/14 at 9:38 am to 90proofprofessional
I looked at a deal a couple years ago in NLA and one of the seller's high points was that they had access to a liquids rich line that would transport their gas to a processing/cryo plant in ETX. NGL processing provides a nice uplift on your pricing...or at least is did, market is now flooded. So a plant in NELA, providing any additional capacity and closer proximity should help liquid rich gas producers in the area. However, I've always understood the Haynesville to be very dry gas. It would help cotton valley producers.
As for local impact I wouldn't expect a whole lot and most of it temporary. Some land and construction work...some folks will get ROW fees.
As for local impact I wouldn't expect a whole lot and most of it temporary. Some land and construction work...some folks will get ROW fees.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News