KinderHawk joint venture to operate Haynesville pipelines
Tue, 25 May 2010
Kinder Morgan Energy Partners has completed the purchase of a 50 per cent interest in Petrohawk Energy Corporation’s pipeline assets in the Haynesville Shale, United States.
The assets consist of more than 322 km of pipeline currently in service, which is expected to increase to about 604 km of pipeline with projected throughput of over 800 MMcf/d by the end of 2010.
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The joint venture is expected to have approximately 2 Bcf/d of mainline throughput capacity, which will make it one of the largest gathering and treating systems in the US.
Petrohawk will continue to operate the business during a short transition period, after which the new company, KinderHawk Field Services LLC, will assume operations.
Image caption:
Map of Kinder Morgan’s pipeline assets in North America.
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