American Oil and Gas Reporter - November 2022 - 20

675 active permits currently held on
dedicated acreage. "
Sterling says it expects the
transactions to close during the fourth
quarter. ❒
Check out
AOGR.com for:
Current Website
Exclusives
Crude and natural
gas cash and futures
prices, updated
every 11 minutes.
And get rig and
frac crew
counts, too!
With New Agreements,
Clearfork Announces
Haynesville Expansion
FORT WORTH-Clearfork
Midstream LLC has announced several
new producer-customer commercial
agreements and treating capacity
expansions on its Holly System in
North Louisiana. Clearfork says the
announcement demonstrates the
ongoing commercial success and
growth following its February
acquisition of a natural gas gathering
and treatment platform in core areas of
the Haynesville Shale.
In connection with a long-term
acreage dedication finalized in August,
Clearfork indicates it is expanding the
Holly System by constructing a 24-inch
diameter pipeline to the east side of the
Red River in northeast Red River
Parish, La. On the west side of the
Holly System, Clearfork is constructing
a 16-inch diameter pipeline that will
expand capacity in the Spring Ridge
area in Caddo Parish, La. As part of
these projects, Clearfork expresses
plans to build new interconnects for
additional takeaway capacity and
downstream market optionality.
In conjunction with the gathering
expansion, Clearfork adds that it is
increasing the Holly System's treating and
compression capacity. Treating capacity at
the company's Holly 3 facility will grow
through installation of new contactor
towers, optimization projects and
additional compression across the system,
which will provide lower-pressure service
while meeting downstream pipelines'
pressure requirements.
Meanwhile, treating capacity at
Clearfork's Holly 6 facility will increase
with the installation of a recentlyacquired
amine plant and related assets.
Beyond these expansion projects,
Clearfork mentions that it owns idle
amine treating assets that can, when
paired with additional commercial
activity, boost total Holly System
treating capacity to approximately 1.8
billion cubic feet a day in 2023.
" We are pleased to announce these
20 THE AMERICAN OIL & GAS REPORTER
www.aogr.com
new commercial agreements and
expansion projects on our Holly
System, which provides our Haynesville
producer customers with access to
premium downstream markets, " says
Clearfork Chief Executive Officer
Kipper Overstreet. " These expansions
strengthen our position in the
Haynesville, where we remain focused
on deploying growth capital and
developing the infrastructure needed to
serve our customers' needs. " ❒
Storage Up 417 Bcf,
5.5% Beneath
Five-Year Average
WASHINGTON-Underground
natural gas storage in the United States
stood at 3.394 trillion cubic feet on Oct.
21, 5.5% below the five-year average,
according to the U.S. Energy
Information Administration. That was
up 417 billion cubic feet from the 2.977
Tcf in storage on Sept. 23, which was
9.3% below the five-year average. The
Oct. 21 storage number was 142 Bcf
lower than a year ago, when gas storage
stood at 3.536 Tcf.
Gas storage in the East Region was
825 Bcf on Oct. 21, 7.6% below the
five-year average, and 104 Bcf more
than on Sept. 23, when storage stood at
879 Bcf, 10.7% below the five-year
average. East Region gas storage on
Oct. 21 fell 57 Bcf from a year ago,
EIA reports.
In the Midwest, gas storage stood at
1.007 Tcf on Oct. 21, 4.5% beneath the
five-year average and 128 Bcf more
than the 879 Bcf in storage on Sept. 23,
which was 6.2% below the five-year
average. Oct. 21 Midwest gas storage
was 41 Bcf less than a year ago.
In the Mountain Region, EIA
continues, gas storage was 199 Bcf on
Oct. 21, 7.0% below the five-year
average and 23 Bcf more than the 176
Bcf stored on Sept. 23, which was
13.3% below the five-year average. Oct.
21 gas storage in the Mountain Region
was 13 Bcf less than a year ago.
The Pacific Region's gas in storage
was 248 Bcf on Oct. 21, 14.5% below
the five-year average and 5 Bcf more
than the 243 Bcf stored on Sept. 21,
which was 14.1% below the five-year
average. Pacific Region gas storage on
Oct. 21 was down 7 Bcf from a year ago.
In the South-Central Region, gas
storage levels on Oct. 21 were 1.116
Bcf, 2.1% below the five-year average
and 158 Bcf more than the 958 Bcf in
storage on Sept. 23, which was 8.9%
below the five-year average. The Oct.
21 gas storage level for the SouthCentral
Region was down 23 Bcf from a
year ago. ❒
http://www.AOGR.com http://www.aogr.com

American Oil and Gas Reporter - November 2022

Table of Contents for the Digital Edition of American Oil and Gas Reporter - November 2022

Contents
American Oil and Gas Reporter - November 2022 - Intro
American Oil and Gas Reporter - November 2022 - Cover1
American Oil and Gas Reporter - November 2022 - Cover2
American Oil and Gas Reporter - November 2022 - Contents
American Oil and Gas Reporter - November 2022 - 4
American Oil and Gas Reporter - November 2022 - 5
American Oil and Gas Reporter - November 2022 - 6
American Oil and Gas Reporter - November 2022 - 7
American Oil and Gas Reporter - November 2022 - 8
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American Oil and Gas Reporter - November 2022 - Cover3
American Oil and Gas Reporter - November 2022 - Cover4
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