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Both Hilcorp and ENSTAR said they’ve been eyeing Kenai’s pore space for about a year. ENSTAR estimates it could start injecting gas by the end of the year for around $240 million. Hilcorp says it could do it for less money, around $100 million.
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The two new wells are the culmination of years of work and more than $65 million.
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Cook Inlet Natural Gas Storage Alaska, or CINGSA, won’t have any guarantees of recouping proposed investments through rate hikes. The Regulatory…
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A natural gas storage well in Kenai is looking to expand. Cook Inlet Natural Gas Storage Alaska, CINGSA filed a petition earlier this month with the…