Chestnut Ridge Storage LLC, owned by affiliates of eCORP International LLC and financial partners, is conducting a nonbinding open season for natural gas storage capacity and deliverability that will be offered at the Junction Natural Gas Storage Facility, which is currently under development.
The open season for the initial 15 bcf of working gas capacity will begin on Aug. 3, and will end at 5 p.m. CDT on Sept. 15. After evaluating open season submissions, Chestnut Ridge will execute definitive precedent storage service agreements with bidders.
The proposed facility is to be constructed within the West Summit field located in Fayette County, Pennsylvania, and the counties of Monongalia and Preston in West Virginia. Junction Storage will be a multi-cycle, high-deliverability facility with up to 25 bcf of working gas capacity and 500,000 dth/day of peak injection and withdrawal capabilities.
The project scope includes interconnects with the Columbia Gas Transmission, Dominion Transmission, Equitrans, and Texas Eastern pipeline systems near the town of Waynesburg, Pennsylvania.
Chestnut Ridge will seek authorization to construct the project from the US Federal Energy Regulatory Commission and will request market-based rate treatment for this new interstate storage facility. The proposed in service date for this facility is the second quarter of 2018, with the potential for limited commercial operations in the fourth quarter of 2017.