Tricor Ten Section Hub Fact Sheet

Description: Tricor Ten Section Hub, LLC is an independent 32.5 billion-cubic-foot (Bcf) underground natural gas storage project located in Kern County, CA. When completed, the facility will provide unconstrained access to reliable, predictable natural gas to markets across the state and the Western region. Tricor Ten Section Hub will allow gas marketers, utilities and power generators to meet their energy demands as well as those of their customers, while reducing price volatility.

Owners and Operators: Tricor Energy, LLC

Year of Purchase: 1997

Location: Located on 2,500 acres owned by Tricor Energy, approximately 12 miles southwest of Bakersfield, CA in Kern County

Facility: 32.5 billion-cubic-foot (Bcf) storage field

Service Commencement Date: FERC has granted Tricor 18 months from the issuance of the 7(c) certificate to construct the Ten Section facility.

Reservoir Geology: Large anticlinal dome structure featuring a gas cap at the subsurface depth of approximately 8,000 feet. Rocks are sandstone, interbedded with dense shale ideal for gas storage.

Wells: 26 injection/withdrawal wells on five well pad sites connected to a 42,000-horsepower compressor station; 9 observation wells; 5 water disposal wells

Working Capacity: 22.4 Bcf (10.1 Bcf cushion gas)

Maximum Injection Rate: Approximately 800 million cubic feet per day

Maximum Withdrawal Rate: Approximately 1 billion cubic feet per day

Cycles: The facility will provide four cycles per year

Header Pipeline and Premier Connections: Storage facility will be connected to the Kern River/Mojave interstate pipeline at Wheeler Ridge via a 21-mile-long, 36-inch diameter bi-directional header pipeline. Subsequent interconnections to the PG&E and SoCal intrastate pipelines will facilitate further storage offerings to intrastate and interstate customers.

M&R Station: New M&R Station will connect header pipeline to the Kern River/Mojave pipeline

Regulatory Jurisdiction: Ten Section Hub is subject to the jurisdiction of the Federal Energy Regulatory Commission (FERC) and on September 30, 2011 received FERC authorization to construct and operate the project.