Company Snapshot: CVX  Print This Story  Email This Story  Save this Link View PR Newswire's RSS Feed  Blogs Discussing this News Release  Search Blogs that Mention this News Release  Click this link to view linked Bookmarking Services Click this link to view linked Blogging Services


Chevron's Keystone Gas Storage Expansion Holds Open Season

    BELLAIRE, Texas., Sept. 4 /PRNewswire-FirstCall/ -- Chevron Keystone
Gas Storage, LLC ("Keystone"), a wholly owned subsidiary of Chevron
Corporation, (NYSE: CVX) announces it is holding a non-binding open season
for 3 billion cubic feet (Bcf) of available capacity at its natural gas
storage facility located near Kermit, Texas. The open season will close on
Sept. 14, 2007.
    Keystone's current working gas capacity is 5 Bcf, with withdrawal
capability of 400 million cubic feet per day (mmcf/d) and injection
capability of 160 mmcf/d. The expansion is expected to increase working gas
capacity to 8 Bcf and injection capability to 200 mmcf/d.
    Located in the Permian Basin production region, Keystone is a high
deliverability salt cavern natural gas storage facility that connects to
the El Paso Natural Gas, Transwestern Gas Company and Northern Natural Gas
Company pipelines. These connections allow Keystone to serve customers and
consumers in Texas as well as the Midwestern and Western interstate
regions. Keystone has been in service since September 2002.
    Interested parties should complete the "request for services" form and
return to Keystone. Contact Anne Fiedler at 713-432-2459 or
afiedler@chevron.com to obtain a bid package.


SOURCE Chevron Corporation




Back to Topback to top

Related links:
  • http://www.chevron.com
    CONTACT:
    Bellaire, TX, Santana Gonzalez,
    +1-713-432-3883, for Chevron Corporation