Enterprise Products says its $1.5 billion, 270-mile Acadian
Haynesville Extension pipeline officially begins commercial
service on Tuesday.
With the completion of the project, producers in
Louisianas prolific Haynesville/Bossier Shale play will
have access to 1.8 billion cubic feet per day (Bcf/d) of
incremental takeaway capacity.
By increasing the systems currently installed 74,000
horsepower of compression, capacity could be increased to 2.1
Bcf/d, the company said. The project is supported by long-term,
firm contracts with shippers totaling 1.6 Bcf/d.
As an extension of the partnerships legacy Acadian
system, the Haynesville project offers producers access to
more than 150 end-use customer service locations along the
Mississippi River industrial corridor between Baton Rouge and
New Orleans, as well as the Henry Hub.
Featuring interconnects with 12 interstate pipeline systems
and the only southerly option that avoids potential bottlenecks
at the Perryville hub, the Haynesville Extension offers
producers flow assurance and market choice to assist in
maximizing the value of their natural
Superb coordination among the various commercial,
engineering, operations, legal and administrative teams at
Enterprise, along with the ingenuity of our experienced
contractors and support from the local communities all played a
significant role in the success of this project, said Michael A.
Creel, CEO of Enterprises general partner.
In addition to providing producers with a timely and
flexible solution, the Acadian Haynesville Extension has also
created benefits for the region, the state and the country by
providing jobs, additional tax revenues and more supplies of
domestic energy, Creel added.
Located near half of the approximately 100 drilling rigs
currently working in the Haynesville/Bossier Shale region,
Enterprise said its Acadian Extension can offer attractive
economics for producers, while providing Louisianas
industrial and utility consumers with access to a reliable
source of onshore natural
gas supply to supplement offshore volumes, thereby reducing
their exposure to storm-related disruptions.
The Haynesville/Bossier Shale encompasses about two million
acres, with current production from the approximately 2,300
wells completed to date estimated at more than 7 Bcf/d.
Over 1,000 locations are in various stages of drilling and