Project: Lodi Gas Storage
Location: California

 

Overview:

Lodi Gas Storage (Lodi) is in the process of refinancing their operating reservoir gas storage facility in California.  The project has a working gas capacity of 17 BCF, up to 400 MMCPFD of injectivity and up to 500 MMCFPD of deliverability.  In addition, Lodi is developing a nearby reservoir expansion project, designed to provide 5 BCF of working gas capacity and up to 50 MMCFPD of deliverability.

Lodi charges market-based rates for natural gas storage services, and construction of the expansion project is in progress.  E3 Consulting was asked to provide due diligence services in support of the refinancing of Lodi and the initial financing of the expansion project. 

 

E3 Services Provided:

Comprehensive due diligence review of the project, covering the following aspects of the project:

    • Geologic
    • Surface facilities design
    • Construction
    • Capital cost
    • Schedule
    • Environmental, and Financial modeling

 

Project Spotlights:

  • E3 Consulting personnel have been involved in several assignments with respect to Lodi over the years, beginning with the project’s initial financing done prior to construction in 1999.