About the Hackney Project

Hackney Partners has acquired and continues to operate eighteen (18) wells in the field and a natural gas pipeline that runs from the field to a point adjacent to Texas Eastern Transmission Corporation (Duke Energy) and is connected to The Dominion- East Ohio Gas Company (Dominion). In conjunction with the acquisition of these properties, Hackney Partners has also commissioned geological, engineering and land studies. These studies have been conducted by geologists, landmen and an engineer cooperatively to gather, assimilate and analyze all available data in preparation for the conversion of the Hackney Field to storage. A summary of these studies is included in this report.

Based on the information gathered and studies made to date, the following conclusions can be made:

• The Hackney area is rural, and the land is primarily used for agricultural purposes. The population is scarce.
• Land is relatively inexpensive and surface rights can be acquired at nominal costs.
• The majority of the storage rights, (75%) are owned by Hackney Partners. The balance could be obtained through lease acquisition or condemnations, if necessary.
• The field is accessible to three interstate and two intrastate pipelines.
• The field is strategically located to service market area needs from supply, transportation and storage service perspectives.
• There are only 26 wells in the defined storage area.
• The existing wells can be converted to injection/withdrawal and observation wells (26) and only five new vertical well will need to be drilled to reach design capacity and deliverability of 90,000 Mcf per day.
• The integrity of the storage reservoir is preserved by geological features.
• The field is in close proximity to a major electric grid and two natural gas fired electric power generating plants.

Typical depleated natural gas storage field cross-section



Close proximity to (3) interstate & (2) intrastate pipelines.

 

Documents

Hackney Hub Summary

Hackney Field Feasibility Study