CenterPoint to expand Haynesville facilities

CenterPoint Energy Field Services, Inc. (CEFS) has entered into long-term agreements with subsidiaries of  EnCana and Shell to provide gathering and treating services for their growing Haynesville Shale natural gas production. CEFS also acquired gathering facilities from EnCana and Shell in De Soto and Red River parishes in northwest Louisiana.  The agreements are with EnCana Oil & Gas (USA) Inc. and SWEPI LP (Shell), an indirect wholly-owned subsidiary of Royal Dutch Shell plc. Under the terms of the agreements, CEFS will expand the acquired facilities to gather and treat up to 700 MMcfd to over 100 MMcfd. If EnCana and/or Shell elect, CEFS will expand its facilities in order to gather and treat additional future volumes. In addition, the agreements include volume commitments. The long-term gas gathering agreements provide for gathering and treating services to commence immediately from the acquired facilities.