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NYSE: GAS $44.39 +0.27
May 21 2013 3:48PM ET
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 Expansion Project Information
Golden Triangle Storage offers customers
- high-deliverability storage at a liquid market point
- easy access to multiple supply sources, including liquefied natural gas imports
- interconnections with six pipelines serving diverse markets with counter-seasonal demand.
GTS' existing storage facilities, authorized by FERC under Docket CP07-414-000, et al., include the following: two 8-billion cubic feet (Bcf) working gas capacity salt dome natural gas storage caverns (when built to fully certificated capacity), leaching and brine disposal facilities, a 14,205 ISO-rated horsepower (hp) compressor station and a nine-mile natural gas dual Pipeline Header system that extends northeast into Orange County, Texas, with bi-directional meter stations to interconnect with three interstate and three intrastate natural gas pipeline systems. Cavern 1, GTS Pipeline Header, Central Compressor Station and six interconnecting meter stations have been completed.
Cavern 1 has an initial working gas capacity of approximately 6 Bcf and was placed into commercial service in September 2010. Cavern 2, currently being developed, will be initially mined to approximately 9.8 million barrels for a working gas capacity of approximately 7.2 Bcf . GTS plans to place Cavern 2 into commercial service in 2012. GTS is capable of providing up to 300 million cubic feet (MMcf) per day of injection capacity and up to 600 MMcf per day of delivery capacity to its shippers.
GTS is planning to expand its existing storage facility by building two additional storage caverns – Caverns 3 and 4. GTS filed an application for the GTS Expansion Project with the Federal Energy Regulatory Commission on August 5, 2011. After being fully developed and operational, Cavern 3 will have a working gas capacity of 9.2 Bcf and Cavern 4 will have a working gas capacity of 7.4 Bcf. Construction is scheduled to commence in 2012 with the initial drilling of the Cavern 3 well, followed by the drilling of the Cavern 4 well in 2014. GTS plans to begin commercial operations of the Cavern 3 facilities in 2015 and of the Cavern 4 facilities in 2017.
Located in the Spindletop Salt Dome just south of Beaumont, Texas, Golden Triangle Storage offers customers a central location to serve local markets, the Houston Ship Channel and customers in the Northeast, Mid-Atlantic and Southeast.
Interconnections include
- Florida Gas Transmission (downstream of station 6)
- Texas Eastern Transmission (WLA pool)
- DCP's Centana Intrastate Pipeline
- Houston Pipe Line's Texoma line
- Kinder Morgan Texas Pipeline
- ExxonMobil's Golden Pass Pipeline
On the supply side, Golden Triangle Storage offers easy access for East and South Texas onshore production, including Barnett Shale, Bossier Sands and Eagle Ford gas, as well as offshore supplies. In addition the facility is conveniently located near LNG import terminals in the Golden Triangle area and along the Sabine-Lake Charles corridor.
Natural Gas Supply
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