Enterprise begins service at natural gas processing plant
Published by Sara Simper,
Editorial Assistant
World Pipelines,
Enterprise Products Partners L.P. has announced the start of service at its Poseidon cryogenic natural gas processing plant in Glasscock County, Texas, USA. The new plant, which is the company’s sixth in the Midland Basin, has a nameplate capacity of 300 million ft3/d and can extract more than 40 000 bpd of NGLs. With the addition of Poseidon, Enterprise now has the capability to process 1.3 billion ft3/d of natural gas and extract more than 185 000 bpd of NGLs in the Midland Basin. The plant is supported by long-term acreage dedication agreements.
“This new processing plant, which was completed on time and on budget, represents a strategic addition to our Permian Basin assets,” said A.J. ‘Jim’ Teague, Co-Chief Executive Officer of Enterprise’s general partner. “For the foreseeable future, the Permian Basin is expected to drive domestic production of crude oil, natural gas and NGLs, and the expansion of our midstream network will support producers as they meet growing demand in the US and internationally. The Poseidon gas plant is among US$3.8 billion of major growth projects expected to begin service and generate new sources of cash flow by the end of 2023.”
Enterprise’s Leonidas cryogenic natural gas processing plant in the Midland Basin, also supported by long-term acreage dedication agreements, is currently under construction in Midland County, Texas and scheduled to begin service in the 1Q24. The new plant, which will be the company’s seventh in the Midland Basin, will add another 300 million ft3/d of processing capacity and more than 40 000 bpd of NGL extraction capacity. Plants six and seven represent an expansion of the assets Enterprise purchased as part of the company’s acquisition of Navitas Midstream Partners, LLC in February of 2022.
In the Delaware Basin, Enterprise is in the process of expanding its Mentone cryogenic natural gas processing facility in Loving County, Texas. The second plant is scheduled for completion in 4Q23, and plant three is expected to begin service during the 1Q24. The projects will increase nameplate natural gas processing capacity at Mentone by 600 million ft3/d and allow the company to extract an incremental 80 000 bpd of NGLs. When completed, these projects in the Midland and Delaware basins will give Enterprise the capability to process 3.8 billion ft3/d of natural gas and extract more than 520 000 bpd of NGLs throughout the Permian Basin.
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. The partnership’s assets include more than 50 000 miles of pipelines; over 260 million bbl of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion ft3 of natural gas storage capacity.
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