Midstream - Storage | Capital Markets | Private Equity Activity
Open Season for East Cheyenne Gas Storage Announced
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Merchant Energy Holdings LLC, a Quantum Energy Partners portfolio company, has reported that East Cheyenne Gas Storage LLC (ECGS) will be conducting a non-binding open season for firm gas storage capacity beginning January 28th, with non-binding bid response forms due by Wednesday, February 20, 2013 at 5 PM MST.
ECGS, a natural gas storage facility owned by Merchant Energy Holdings, LLC, is offering up to 8 BCF of firm, high deliverability, multi-cycle (HDMC) working gas storage capacity beginning April 1, 2013. The facility is located in Logan County, Colorado and is approximately 90 miles east of the Cheyenne Hub. ECGS is the only market-based gas storage facility capable of serving the Front Range market and began commercial operations in April 2012. The storage facility is currently…
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