Enterprise Announces Orla II Natural Gas Processing Plant in West Texas
June 29 2017 - 4:20PM
Business Wire
Enterprise Products Partners L.P. (NYSE: EPD) today announced
that the company is adding 300 million cubic feet per day
(“MMcf/d”) of incremental capacity at its cryogenic natural gas
processing facility currently under construction near Orla, Texas
in Reeves County. Orla II, a second processing train at the
facility, will double the inlet capacity of the facility to 600,000
MMcf/d and increase extraction of natural gas liquids (“NGLs”) from
40,000 barrels per day (“BPD”) to 80,000 BPD.
NGLs from Orla will be delivered into Enterprise’s fully
integrated NGL system, including the recently announced Shin Oak
Pipeline. The Shin Oak Pipeline is a 24-inch NGL pipeline that will
originate at the partnership’s Hobbs NGL fractionation and storage
facility in Gaines County, Texas and will transport Permian Basin
NGLs to the partnership’s Mont Belvieu NGL complex. Shin Oak will
have an initial capacity of 250,000 BPD and will be expandable to
600,000 BPD. Orla’s residue natural gas volumes will be transported
to the Waha area through Enterprise’s Texas Intrastate system. The
Orla II expansion project is designed to support the continued
growth in NGL-rich natural gas production from the Delaware Basin
of West Texas and southeastern New Mexico and is supported by
long-term commitments.
“This project is a perfect example of Enterprise’s business
philosophy of leveraging its integrated midstream network to link
supplies and markets,” said A.J. “Jim” Teague, chief executive
officer of Enterprise’s general partner. “By providing direct
access to our extensive natural gas and NGL pipeline
infrastructure, Enterprise gives Delaware Basin producers
connectivity to a full slate of services and end users along the
Gulf Coast, including petrochemical operators who are building new
facilities and export customers with a strong appetite for U.S.
production.”
The expansion of the Orla facility will bring the partnership’s
total natural gas processing capacity to more than 1 billion cubic
feet per day of processing capacity and more than 150,000 BPD of
NGL extraction capacity in the Permian Basin. The Orla II capacity
is expected to be available in the third quarter of 2018.
Enterprise Products Partners L.P. is one of the largest publicly
traded partnerships and a leading North American provider of
midstream energy services to producers and consumers of natural
gas, NGLs, crude oil, refined products and petrochemicals. Our
services include: natural gas gathering, treating, processing,
transportation and storage; NGL transportation, fractionation,
storage, and export and import terminals; crude oil gathering,
transportation, storage, export and terminals; petrochemical and
refined products transportation, storage and terminals; and a
marine transportation business that operates primarily on the
United States inland and Intracoastal Waterway systems. The
partnership’s assets include approximately 50,000 miles of
pipelines; 260 million barrels of storage capacity for NGLs, crude
oil, refined products and petrochemicals; and 14 billion cubic feet
of natural gas storage capacity.
This press release includes “forward-looking statements” as
defined by the Securities and Exchange Commission. All statements,
other than statements of historical fact, included herein that
address activities, events, developments or transactions that
Enterprise and its general partner expect, believe or anticipate
will or may occur in the future are forward-looking statements.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially
from expectations, including required approvals by regulatory
agencies, the possibility that the anticipated benefits from such
activities, events, developments or transactions cannot be fully
realized, the possibility that costs or difficulties related
thereto will be greater than expected, the impact of competition,
and other risk factors included in Enterprise’s reports filed with
the Securities and Exchange Commission. Readers are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of their dates. Except as required by law, Enterprise
does not intend to update or revise its forward-looking statements,
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170629006286/en/
Enterprise Products Partners L.P.Randy Burkhalter, (713)
381-6812 or (866) 230-0745Investor RelationsorRick Rainey, (713)
381-3635Media Relations
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