Enterprise Products to Expand Orla Natural Gas Processing Complex in West Texas
HOUSTON–(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.
Contacts
Enterprise Products Partners L.P.
Randy Burkhalter,
713-381-6812 or 866-230-0745
Investor Relations
or
Rick
Rainey, 713-381-3635
Media Relations