The Haynesville Shale’s Clearfork Midstream LLC has completed gathering, treating and compression expansions across its Holly System in North Louisiana, increasing capacity by approximately 65% since the Fort Worth, Texas, company acquired the assets in February 2022.
Clearfork’s North Louisiana footprint serves customers across the entirety of the Haynesville core and system volumes eclipsed 1 Bcf/d in July, the company said in an Aug. 22 press release.
The recently completed eastside 14-mile, 24-inch diameter pipeline grows Clearfork’s system to east Red River Parish and serves customers targeting the stacked pay of the Haynesville and Bossier. On the west side, the company’s new 8-mile, 16-inch diameter pipeline gathers gas from the Spring Ridge area of Caddo Parish and will connect to a new in-construction 12-mile, 10-inch diameter gathering lateral that will extend Clearfork’s gathering capacity across southwestern Caddo Parish, Louisiana, into Panola County, Texas.
Clearfork has also completed construction on an additional 400 MMcf/d of treating capacity and more than 10,000 hp of compression in North Louisiana at its Holly 3 and Holly 6 facilities. With these major capital projects now in service, Clearfork’s Holly System has capacity to gather and treat approximately 1.25 Bcf/d of natural gas. When combined with its Shelby System in the Shelby trough, Clearfolk has a treating capacity 1.65 Bcf/d.
“These significant system upgrades extend Clearfork’s premier customer service into new areas throughout the Haynesville core. I’d particularly like to thank each member of the Clearfork team along with our construction partners for their hard work in completing these projects safely,” said Clearfork CEO Kipper Overstreet.
Clearfork is backed by a $400 million equity commitment from EnCap Flatrock Midstream.
Recommended Reading
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
E&P Highlights: April 8, 2024
2024-04-08 - Here’s a roundup of the latest E&P headlines, including new contract awards and a product launch.
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
Crescent Energy: Bigger Uinta Frac Now Making 60% More Boe
2024-05-10 - Crescent Energy also reported companywide growth in D&C speeds, while well costs have declined 10%.
Well Logging Could Get a Makeover
2024-02-27 - Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.