local production receipts in nfgsc appalachian zones · pdf fileproject name capacity (dth/d)...
TRANSCRIPT
Local Production Receipts in NFGSC Appalachian Zones 1 & 2
180,000.00
200,000.00
220,000.00
240,000.00
260,000.00
/dD
TH
/D
60,000.00
80,000.00
100,000.00
120,000.00
140,000.00
160,000.00
Jan
-07
Mar
-07
May
-07
Jul-
07
Sep
-07
Nov
-07
Jan
-08
Mar
-08
May
-08
Jul-
08
Sep
-08
Nov
-08
Jan
-09
Mar
-09
May
-09
Jul-
09
Sep
-09
Nov
-09
Jan
-10
Mar
-10
May
-10
Jul-
10
Sep
-10
Nov
-10
Jan
-11
Mar
-11
May
-11
Jul-
11
Sep
-11
Nov
-11
Jan
-12
Avg. dth per day 12 Month Rolling Avg. (dth)
dth/
d
4.00
5.00
6.00
Loca
l Pro
duct
ion
into
NF
GS
C (
Bcf
per
Mon
th)
Marcellus
Upper Devonian
Evolving OnEvolving OnEvolving OnEvolving On----System Production MixSystem Production MixSystem Production MixSystem Production Mix
0.00
1.00
2.00
3.00
Loca
l Pro
duct
ion
into
NF
GS
C (
W2E – Unlocking Acreage in Key PA Counties
National Fuel Gas Supply Corporation National Fuel Gas Supply Corporation National Fuel Gas Supply Corporation National Fuel Gas Supply Corporation
West to East Expansion Highlights
• 82 miles of 24”, portions paralleling existing line FM-100
• 25,000 Hp at two new compressor stations
• Capacity: 425,000+ Dth/d;
• NEPA Pre-Filing Process commenced March 2010
• 7c Filing expected late 2012/early 2013
• Engineering and environmental studies well underway
• Expected in-service late 2013/2014 with a cost of $290MM
Marcellus to Markets…Marcellus to Markets…Marcellus to Markets…Marcellus to Markets…
Empire Pipeline links Marcellus to Markets
� Dawn Hub, Ontario and Eastern Canada
� New England via TGP 200 line� New England via TGP 200 line
� NYC area via Millennium Pipeline
� Leidy via NFG Supply Corporation
� Upstate New York LDCs attached to Empire
Marcellus to Markets…Marcellus to Markets…Marcellus to Markets…Marcellus to Markets…Dawn Hub, Ontario and Eastern Canada
• 4800 MW of merchant gas-fired generation
• Additional 1000MW under development
• Large LDC demand
• Union Gas, Enbridge, Gaz Metro (Quebec)• Union Gas, Enbridge, Gaz Metro (Quebec)
• Dawn Hub
• Over 100 companies with HUB contracts at Dawn
• Over 1Bcf/day traded on NGX/ICE for next gas day by over 30 Dawn counterparties
• Second most liquid trading point in Canada
Project NameCapacity (Dth/D)
Est.CapEx
In-Service
DateMarket Status
Lamont Compressor Station
90,000 $13.6 MM 2010/2011Fully
SubscribedCompleted – Flowing into TGP 300 Line
Line “N” Expansion 160,000 $20 MM 10/26/11Fully
SubscribedCompleted – Flowing into TETCO M2
Tioga County Extension 350,000 $49 MM 11/22/2011Fully
SubscribedCompleted
Northern Access Expansion
320,000 $62 MM ~11/2012Fully
SubscribedCertificate received October 26, 2011
Expansion Initiatives
Line “N” 2012 Expansion 163,000 $36 MM ~ 11/2012Fully
SubscribedCertificate filed in July 2011
Mercer 150,000 $30 MM 11/2013Fully
SubscribedNegotiating PA
West to East ~425,000 $290 MM 201429%
SubscribedMarketing continues with producers invarious stages of exploratory drilling
Central Tioga County Extension
260,000 $135 MM 2014Open
Season Closed
Evaluating market interest and facility design
Total Firm Capacity ~ 1,918,000 Dth/D
Capital Investment ~ $636 MM
Marcellus Driven Expansion ProjectsLamont Project
Line “N” Expansion (October 2011)
Tioga County Extension (November 2011)
Line “N” 2012 Expansion (November 2012)
Northern Access Expansion (November 2012)
90,000 Dth/d
160,000 Dth/d
350,000 Dth/d
163,000 Dth/d
320,000 Dth/d
West to East (2014)
Central Tioga County Ext (2014)
FY11 FY12 FY14FY13
Total Firm Capacity: ~1,918,000 Dth/DCapital Investment: ~$630 Million
~425,000 Dth/d
260,000 Dth/d
Mercer (2013)150,000 Dth/d
Marcellus Volumes from System Expansions
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
MC
FD
West to
East
Mercer &Central Tioga
County Extension
Actual Transported Marcellus Production Volumes
Estimated Marcellus Volumes from System Expansions (80% Load Factor)
0
200,000
400,000
600,000
800,000
MC
FD
Line N 2012 Expansion &
Northern Access
Tioga CountyExpansion
Line N 2011