Enterprise Products Partners and Occidental Petroleum have entered a joint venture to build a new 150-million-cubic-feet-per-day natural gas processing plant in the Delaware Basin. The plant is supported by long-term contracts and will begin operating in mid-2016, Enterprise said in a statement.
Enterprise will also build a new pipeline that will deliver NGLs from the new facility to the company’s Mont Belvieu, Texas, fractionation complex by way of existing pipelines.
Enterprise COO A.J. “Jim” Teague said the new facility and a recently announced processing plant in Eddy County, N.M., would expand his company’s Permian Basin gas processing capacity to more than 600 million cubic feet per day.
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