- Enterprise Products Partners (NYSE:EPD) announced earlier today that it is moving ahead with plans to build a new natural gas processing plant in the Delaware Basin in west Texas and eastern New Mexico, in part to take advantage of growing demand in Mexico for U.S. supplies of the fuel.
- The exact site has not been determined, but EPD expects the plant to have a nameplate capacity of 300M cf/day and extract more than 40K bbl/day of natural gas liquids; the facility, expected to start up in Q2 2018, is the third cryogenic gas processing plant EPD has announced in less than two years
- The project also includes building rich natural gas gathering lines, a residue pipeline to Texas' Waha oil field and an NGL pipeline to EPD’s Mid-America Pipeline system, all of which will integrate with EPD's Delaware Basin infrastructure.