Cadeville Gas Storage LLC, a subsidiary of Cardinal Gas Storage Partners LLC, is holding a nonbinding open season through June 30 for capacity at a planned gas storage facility in Ouachita Parish, LA, approximately 10 miles southwest of Monroe.

Storage services are scheduled to begin in 2012. The three- to four-turn facility is being designed to provide a peak deliverability of 420 MMcf/d and a peak injection of 420 MMcf/d. Cadeville plans to convert a depleted gas reservoir to develop a total of 16.5 Bcf of working capacity.

The open season is offering 11.5 Bcf of firm capacity. The facility would have the ability to interconnect to Tennessee Gas Pipeline Line 100, Gulf South’s Middle 30, Gulf South’s 42-inch East Texas to Mississippi Expansion, Texas Gas Transmission, CenterPoint Energy Line CP and ETP’s 42″ Tiger Pipeline.

The developers said they have nearly completed an agreement for service with an anchor customer. “This further demonstrates the need for additional natural gas storage capacity in North Louisiana, especially in and around the Haynesville Shale to Perryville corridor,” said Cardinal CEO Jeff Ballew.

Open season forms and information are available at www.cadevillegasstorage.com.

Cardinal is a joint venture of Martin Resource Management Corp. and funds controlled by Energy Capital Partners LLC. Cardinal also owns Arcadia Gas Storage LLC and Perryville Gas Storage LLC.

©Copyright 2010Intelligence Press Inc. All rights reserved. The preceding news reportmay not be republished or redistributed, in whole or in part, in anyform, without prior written consent of Intelligence Press, Inc.