Ryckman Creek Resources, a wholly-owned subsidiary of Peregrine Midstream Partners, will hold a non-binding open season for prospective customers interested in contracting for up to 15bcf of firm, high-deliverability, multi-cycle (HDMC) gas storage capacity in Uinta County, Wyoming, near the Opal Hub.
The open season starts 6 October 2010, with bids due on 1 November 2010.
Ryckman Creek is converting an existing partially-depleted oil and gas field, known as the Ryckman Creek Nugget Unit, into a 35bcf working gas storage facility with a maximum daily withdrawal rate of 360,000mcf with the initial in-service date being 1 April 2012.
The project will be subject to regulation as an interstate natural gas storage facility under the Natural Gas Act.
Ryckman Creek Resources, currently in the pre-filing review process with the FERC, intends to file an application for certificate of public convenience and necessity in October 2010 to construct, own and operate the project, as well as to charge market-based rates for the services it will offer.
Ryckman Creek currently has interconnects with Questar Gas Pipeline, Kern River Transmission and Questar Overthrust Pipeline.