Halcon opens first CNG facility
Halcón Resources said that it has commissioned its first compressed natural gas facility through its subsidiary, Hawk Clean Fuels.
This CNG facility is serving the company’s operations in its El Halcón area in East Texas and is being used to displace diesel fuel used in drilling operations. The company expects to build similar facilities to service its operations in the Williston Basin in 2015.
Since the discovery of El Halcón two years ago, Halcón has drilled over 80 wells in the play, and believes it has de-risked its entire 101,000 net acre position. Natural gas fueling is one of many ways the company expects to reduce costs and increase efficiencies in the play as it transitions from lease capture mode to development mode.