AFEnergy Midstream and Underground Storage Experience
OIL, GAS, NGLs, and WATER
Recent and Current AFEnergy Projects
WaterBridge Midstream Financing - As
Lender's Independent Engineer, performed a comprehensive due diligence review for the financing of this West Texas water
midstream company, including over 55 miles of pipelines and 16 brine disposal wells having a disposal capacity of 375,000
Confidential Texas Midstream Project - Provided conceptual project development
assistance, including capital and operating budgets, schedules, engineering, and comprehensive financial modeling associated
with a $1.8 billion development project that includes rich gas gathering, processing, fractionation, storage, and transportation
service to customers throughout Texas.
Inergy L.P./Crestwood Midstream Acquisition - Provided
a technical due diligence review in support of the successful $1.6 billion acquisition/merger of the assets of Crestwood Midstream
Partners and Inergy, including 849 miles of pipelines; 105 compression units totaling 259,340 horsepower of compression; and
6 gas processing plants located in West Virginia, Texas, Arkansas, New Mexico, and Louisiana.
Live Oak Stabilizer Plant - Provided a technical due diligence review of this 10,000 barrel per
day NGL/condensate stabilizer facility located in West Texas on behalf of a equity partner to the project.
Haven Straddle Plant - Provided
a technical due diligence review of this 1.4 BCF per day capacity straddle plant in Kansas on behalf of potential investors.
Howard Energy Partners Reveille Processing Plant - Provided a due diligence review
of a 200 MMCFPD cryogenic gas processing plant in West Texas for an equity partner to the project.
Marcellus Gathering System
- Provided an Independent Engineering review on behalf of Project lenders for the successful financing of this new,
Marcellus Shale gas gathering and processing system in Pennsylvania and West Virginia.
Eagle Ford Asset Acquisition
- Provided a due diligence review on behalf of successful acquirer of over 275 miles of midstream gas pipelines,
compression and gas processing facilities in southwest Texas.
Midstream LLC Grey Badger
Gas Processing Plant - Provided an Independent Engineering review, valuation, and construction monitoring services
on behalf of the Project lenders for this new 25 MMCFPD gas processing facility located in Texas.
Louisiana Gas Processing Review - Conducted a due diligence review and valuation for the
acquisition of an existing gas gathering and processing system in central Louisiana.
Eagle Ford Asset Acquisition - Provided a due diligence review on behalf of an acquirer of 180 miles of midstream
gas pipelines, compression, and gas processing facilities.
Gas Processing - Provided an operations assessment, market assessment and valuation on behalf of the owner of this
1.2 BCF per day, 34,000 barrels of natural gas liquids per day facility.
Confidential Acquisition Review - Conducted
a comprehensive due diligence review and valuation of a major northeastern U.S. midstream energy company, including pipelines,
storage, and processing of natural gas and NGLs on behalf of a U.K. acquirer.
GAS STORAGE AND NGL STORAGE
Recent and Current AFEnergy Projects
Sempra Bay Gas and MS Hub Storage - Developed a comprehensive
Independent Engineer's Report in support of Sempra's sales process for the 20.4 BCF Bay Gas salt cavern facility
in Alabama and the 22.3 BCF MS Hub salt cavern facility in Mississippi.
Enstor Gas Storage - Performed a comprehensive technical
and operational due diligence review of Enstor's Katy, Caledonia, Freebird, and Grama Ridge facilities in support of ArcLight's
successful acquisition of the facilities.
Terado Gas Storage - 85 BCF reservoir gas storage project
in Alberta. Comprehensive due diligence review on behalf of equity investor.
Magnum NGL Storage - 2 x 1 to 2 million
barrel propane and butane storage caverns in Utah in bedded salt. Lender's Independent Engineer and technical advisor
for successful acquisition of the project.
Cydsa NGL Storage - 1.8 million barrel propane storage cavern in southeastern
Mexico. Independent Engineer for the permitting and financing of the first of several NGL and gas storage caverns associated
with the Cydsa chemicals complex.
Fort Saskatchewan Ethylene Storage - 70,000 m3 ethylene bedded salt
cavern storage project in Alberta. Lender's Independent Engineer, construction monitoring.
Czech Republic Gas Storage - 484 million m3 depleted reservoir storage project in the Czech
Republic. Lender's Independent Engineer.
Turkey Gas Storage
- 1 billion m3 salt cavern development project in Turkey. Development assistance on behalf
of Project owner.
Bath Petroleum Storage
- Technical review of NGL bedded salt storage caverns in upstate New York for potential acquirer.
East Cheyenne Gas Storage - 14
BCF reservoir storage project in Colorado. Pre-finance due diligence and construction monitoring on behalf of project
owners and project lender.
Gas Storage - 11 BCF reservoir gas storage project in Alaska. Lender's Independent Engineer, construction monitoring.
Cadeville Gas Storage -
17 BCF reservoir gas storage project in Louisiana. Lender's Independent Engineer, construction monitoring.
Indiana Butane Storage -
380,000 barrel hard rock, mined cavern conversion to butane storage. Technical advisor to a potential investor.
Trinity Gas Storage - 55
BCF reservoir gas storage project in Texas. Independent Engineer's report to support equity investment and financing.
Bobcat Gas Storage - 12 BCF of salt cavern working gas. Independent Engineer's report
to support project sale.
Gas Storage - 31 BCF reservoir gas storage project in California. Technical advisor to
support successful project acquisition.
Tres Palacios Gas Storage – 36 BCF salt cavern conversion project in Texas. Technical
advisor to support successful project acquisition.
Gas Storage - 7.5 BCF salt cavern gas storage project in Louisiana. Lender's Independent Engineer, construction
Gill Ranch Gas Storage - 20.4 BCF reservoir gas storage project
in California. Lender's Independent Engineer.
Leader One Gas Storage -
7.5 BCF reservoir gas storage project in Colorado. Development assistance on behalf of project owners.
Gas Storage - Up to 20 BCF bedded salt gas storage project in Texas. Acquisition due diligence for potential
Katy Gas Storage - 28 BCF reservoir gas storage project in
Texas. Acquisition due diligence for potential acquirer.
Gas Storage - 11.7 BCF reservoir gas storage project in Mississippi. Lender's Independent Engineer. Development
assistance on behalf of project owners.
Arcadia Gas Storage - 15.5 BCF salt cavern conversion and new cavern project in Louisiana.
Lender’s Independent Engineer.
Southern Pines Gas
Storage - 16 BCF salt cavern gas storage project in Mississippi. Lender’s Independent Engineer,
Pine Prairie Gas Storage - 24
BCF salt cavern storage project in Louisiana. Lender’s Independent Engineer, construction monitoring.
AFEnergy's Independent Engineering
Reports were recently used in the financing of Marcellus and Eagle Ford shale gas gathering systems; the successful
acquisition of a 275-mile gas and liquids gathering system in the Eagle Ford shale; the financing of the Rockpoint, East Cheyenne,
CINGSA, and Perryville gas storage projects; and the successful acquisition and sale of the Enstor, Gill Ranch, and
Tres Palacios gas storage projects.