Enterprise Products to Expand Orla Natural Gas Processing Complex in West Texas
January 03 2018 - 7:00AM
Business Wire
Enterprise Products Partners L.P. (NYSE:EPD) today announced
that the partnership plans to add 300 million cubic feet per day
(“MMcf/d”) of incremental capacity at its cryogenic natural gas
processing facility under construction near Orla, Texas in Reeves
County. The addition of a third processing train at Orla would
increase inlet volume capacity to 900 MMcf/d and allow Enterprise
to expand its natural gas liquids (“NGL”) extraction capabilities
by an incremental 40,000 barrels per day (“BPD”) to 120,000 BPD.
The third processing train is expected to begin service in the
second quarter of 2019 and will complement trains one and two,
which are on schedule for completion in the second and third
quarters of 2018, respectively.
“The ongoing expansion of our Orla facility is being driven by
the continued growth of NGL-rich natural gas production in the
Delaware Basin and is supported by long-term commitments with
producers,” said A.J. “Jim” Teague, chief executive officer of
Enterprise’s general partner. “Over the next five years, supplies
of natural gas and NGLs in the Permian Basin could nearly double,
and Orla is ideally situated to capitalize on growth opportunities
in the region. With connections to our integrated natural gas and
NGL infrastructure network, Orla is a key component in providing
our customers access to the growing petrochemical industry along
the Gulf Coast, as well as the export demand for U.S.
production.”
Mixed NGLs from Orla will be delivered into Enterprise’s fully
integrated pipeline system, including the new Shin Oak Pipeline
which is currently under construction and scheduled to begin
operations in the second quarter of 2019. Residual natural gas from
Orla will be transported to the Waha area through a 68-mile,
36-inch diameter pipeline scheduled to begin service commensurate
with the first Orla train, and will connect to Enterprise’s Texas
Intrastate pipeline system at the Waha hub. Upon completion of the
Orla expansion projects, Enterprise will have total natural gas
processing capacity of more than 1.2 billion cubic feet per day,
and the capability to extract more than 200,000 BPD of NGLs in 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. Our
services include: natural gas gathering, treating, processing,
transportation and storage; NGL transportation, fractionation,
storage and import and export terminals; crude oil gathering,
transportation, storage 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/20180103005319/en/
Enterprise Products Partners L.P.Randy Burkhalter, 713-381-6812
or 866-230-0745Investor RelationsorRick Rainey, 713-381-3635Media
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