1 / 27

Introduction

“Barnett Shale Overview & Projections” PFAA Barton Creek Austin, TX November 9, 2006 A. Chris Aulds Executive Vice President Public & Industry Affairs. Introduction. Barnett Shale Overview • Crosstex Energy Overview • Questions & Answers. 3. Barnett Shale Overview.

adriel
Télécharger la présentation

Introduction

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. “Barnett Shale Overview & Projections”PFAABarton CreekAustin, TXNovember 9, 2006A. Chris AuldsExecutive Vice PresidentPublic & Industry Affairs

  2. Introduction • Barnett Shale Overview • • Crosstex Energy Overview • • Questions & Answers 3

  3. Barnett Shale Overview

  4. Barnett Shale – Active Counties 5

  5. Barnett Shale – Active Counties (cont’d) 6

  6. Barnett Shale Facts • Initial production – 1982 • Increased drilling due to: • - Improved frac technology • - Commodity prices • - Horizontal drilling • 1.5 Bcfd - estimated current production • 3-4 Bcfd – estimated peak production • Excess of 150 rigs today compared to approximately 30 rigs in 2003

  7. Barnett Shale Facts (cont’d) • • Typical “Core Area” well: • $1 million to drill and complete • 650 mcf/d of peak production • .7 bcf gross reserves per well • Typical “Horizontal” well: • $1.5 million to drill and complete • 900 mcf/d of peak production • 1.4 bcf gross reserves per well * Information provided by Pickering Energy Partners

  8. Barnett Shale Production History 9 * Estimated numbers created from IHS Energy and Pickering Energy Partners

  9. Barnett Shale Rigcount History 10 * Estimated numbers created from IHS Energy and Pickering Energy Partners

  10. NGL Overview

  11. Barnett Shale – Existing NGL Pipelines 12

  12. Barnett Shale – Existing NGL Pipelines 13

  13. Existing NGL Pipelines

  14. Barnett Shale – Proposed NGL Pipelines 15

  15. Processing Plants - Existing Current Production 16

  16. Barnett Shale 7 County AreaProduction Forecast 17 * Public data provided by Enterprise Energy Partners and Flatrock Energy

  17. Crosstex Azle 50 mmcfd 3,600 to 6,000 bpd Crosstex Goforth 35 mmcfd 2,500 to 4,200 bpd MEG Tolar (3 Trains) 75 mmcfd 5,400 to 8,900 bpd Quicksilver Cowtown 75 mmcfd 5,400 to 8,900 bpd ETC Godley 1&2 285 mmcfd 20,600 to 34,000 bpd Devon S. Johnson 130 mmcfd 9,300 to 15,600 bpd Enbridge Weatherford 45 mmcfd 3,200 to 5,400 bpd ___________________________________________________________________ Total Plants 695 mmcfd *50,000 to 83,000 bpd Under Construction * Recovery projections based upon recoveries of 3 gpm to 5 gpm and include ethane Assumes that plants are 100% loaded Processing Plants – Under Construction Plant Capacity (mmcfd) Plant Capacity (bpd) 18

  18. Crosstex Silver Creek 200 mmcfd 14,300 to 23,800 bpd MEG Black Diamond 120 mmcfd 8,600 to 14,300 bpd MEG Bluff Spring 160 mmcfd 11,400 to 19,000 bpd Quicksilver Cowtown Exp 125 mmcfd 9,600 to 14,900 bpd ETC Godley 3 (dew point) 100 mmcfd 6,800 to 12,000 bpd Other – Projected 50 mmcfd 3,500 to 6,000 bpd Other - Projected 100 mmcfd 6,800 to 12,000 bpd ________________________________________________________________ Total Plants 855 mmcfd *61,000 to 102,000 bpd Under Consideration Processing Plants – Under Consideration Plant Capacity (mmcfd) Plant Capacity (bpd) • * Recovery projections based upon recoveries of 3 gpm to 5 gpm and include ethane • Assumes that plants are 100% loaded 19

  19. Plants under construction 50,000 bpd to 83,000 bpd (695 mmcfd) Plants under consideration 61,000 bpd to 102,000 bpd (855 mmcfd) Total 111,000 bpd to 185,000 bpd (1,550 mmcfd) Apply a 80% utilization factor: 90,000 bpd to 150,000 bpd (1,240 mmcfd) Expanded Pipeline Capacity West Texas Pipeline 70,000 bpd Louis Dreyfus 50,000 bpd 120,000 bpd Projected Growth – NGL Infrastructure 20

  20. Crosstex Overview

  21. An Overview of Crosstex • Full range of midstream services utilizing FEE BASED ASSETS: • Approximately 5,000 miles of pipeline with 3.0 Bcf/day of throughput • 12 natural gas processing plants and 4 fractionators • Over 160 treating plants in operation or under contract 22

  22. Crosstex - Existing Assets

  23. Barnett Shale Asset Map

  24. North Texas Pipeline and Parker County Gathering and Processing (4/1/06) • North Texas Pipeline • • 144 miles 24” mainline • • 18,400 hp compression • • 375 MMcf/d capacity • • April 2006 Initial flow • • April 2007 Complete Expansion • - Increase capacity from 250 MMcf/d to 375 MMcf/d • Parker County Gathering • & Processing • • 12 miles 24” & 20 miles 16” residue line • 19 miles 16” rich gas gathering line • 25 miles NGL pipeline • 285 MMcfd processing capacity • Start dates: • - March 2006 – Goforth Plant • - November 2006 – Azle Plant • - September 2007 – Silver Creek Plant 25

  25. Chief Acquisition – Asset Overview 6/29/06 • Assets located in Barnett Shale • • 250 miles of existing pipeline • 400 miles of planned pipeline • • Through nine counties • 220,000 dedicated acres • • 125 MMcf/d CO2 treating plant • • 26,000 hp existing compression facilities • 90,000 hp projected • • 125 MMcf/d current throughput 26

  26. Questions & Answers

More Related