With Customers Hungry Lor More Service, Falcon Eyes Expansion Of Storage, Pipe Capacity

摘要

Falcon Gas Storage last week announced plans to expand its storage and pipeline facilities near the Barnett Shale to accommodate strong demand.rnA recent open season for 4 Bcf of capacity at the Hill-Lake and Worsham-Steed facilities received firm bids for 16 Bcf, the company said. "Given the high demand for storage capacity in the Barnett Shale area of North Texas, we made an additional 1 Bcf available that we originally had planned to hold back," Falcon Chief Commercial Officer Jeff Foutch said.rn"Bids for firm transportation capacity on our Worsham-Steed Pipeline exceeded what we expected. Based on this overwhelming response for storage and transportation capacity, we are evaluating expansions of both our gas storage and pipeline assets in North Texas."