Caledonia Energy Partners LLC placed into service Tuesday a high-deliverability, multi-cycle storage field in northeast Mississippi with capacity to store 11.7 Bcf of working gas. The start-up came a day after FERC gave the go-ahead for the storage facility, which originally was a nearly depleted natural gas reservoir.
The storage field, located in Monroe and Lowndes counties, has an initial maximum withdrawal capacity of 330 MMcf/d and a maximum injection capability of 260 MMcf/d, the Dallas-based company said. The facility directly interconnects with Tennessee Gas Pipeline's 500 Leg, which serves markets in the Northeast, Southeast and Ohio Valley.
In April 2006, Caledonia Energy held an open season for 1.7 Bcf of available working gas storage capacity at the facility near Caledonia, MS. The open season was oversubscribed, a spokeswoman for the company said.
Tenaska Power Fund LP, a private equity limited partnership, has a 50% ownership interest in Caledonia Energy Partners.
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