Wednesday, March 4, 2009

CenterPoint Energy pipeline

CenterPoint Energy inked a deal with Chesapeake Energy Monday that will have CP carrying CHK's Nat.Gas to and from Carthage Tx & Perryville La. They add a new compression station at each terminal for the extra capacity.

With this said, CHK is planning on over 1.25 BILLION cfd/e out of our wells in the Haynesville! The country as a whole only uses 7 billion cfd/e lol.

I got the heads-up (from someone who should know) that WE ARE going to replace a large portion of our 18 wheelers (diesel engines) with Nat.Gas engines starting in 2010. The interstate truck stops will be the first to put in the new pumps (gotta like that.)

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