The new 66-km (41-mile), 16-in pipeline is expected to be ready to transport gas production beginning as early as November, 2003, from the deepwater Gunnison development operated by Kerr-McGee Oil & Gas, a wholly owned subsidiary of Kerr-McGee. The pipeline will be owned by Triton Gathering, which owns gas-gathering lines that connect to the Stingray Pipeline Co pipeline system. Triton and Stingray are both jointly owned by Shell and Enterprise. The new Triton pipeline will have a capacity of 275MMcfd, and will connect into the Stingray pipeline system. The new pipeline's capacity will be sufficient to accommodate Gunnison production plus additional volumes from future developments in the area. "This extension to our Triton system represents an important expansion of the gas transportation infrastructure in the western Garden Banks corridor," said Doug Krenz, President of Shell Gas Transmission. "By serving Gunnison, the first discovery in this area, we are solidifying the positions of Triton and Stingray as leaders in Western Gulf." The Gunnison discovery is located at Garden Banks Block 667, 668 and 669 in 1030m (3,150ft) of water. Kerr-McGee owns a 50% working interest and is the operator; Nexen Petroleum Offshore USA (30%) and Energy Resource Technology, a subsidiary of Cal Dive International (20%), own the remaining interest. Kerr-McGee is developing Gunnison with a truss spar platform, which can serve as a hub for future development and third-party production. Shell Gas Transmission owns or has a significant interest in the largest network of natural gas transmission and gathering systems serving the deepwater Gulf of Mexico. Enterprise Products Partners is the second largest publicly-traded, midstream energy partnership with an enterprise value of approximately $6 billion. Enterprise is a leading provider of midstream energy services to producers and consumers of natural gas and natural gas liquids (NGLs). The company's services include natural gas transportation, processing and storage and NGL fractionation (or separation), transportation, storage and import/export terminalling.


Basket is empty.








