Shale Daily / NGI All News Access

Industry Brief

Copano Energy LLC said it has struck long-term contracts with several Eagle Ford Shale producers, including Abraxas Petroleum Corp., Paloma Resources, Petrohawk Energy Corp., Pioneer Natural Resources, Reliance Eagleford Upstream Holding LP, Newpek LLC and Riley Exploration. It has also expanded its contract with GeoSouthern Resources to include a larger acreage dedication. Copano will provide gathering, compression, processing and fractionation services for the producers in portions of DeWitt, Karnes and Live Oak counties, TX, under the contracts, which are primarily fee-based. Copano has secured firm producer commitments for aggregate production of up to 120,000 MMBtu/d and additional commitments for production from approximately 135,000 gross acres in the Eagle Ford. Copano also said it will extend its DK Pipeline by 58 miles through Lavaca County, TX, to connect with the DK Pipeline system into its Houston Central Complex.

ISSN © 2577-9877 | ISSN © 2158-8023
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