•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    Eagle Rock starts up new plant in Granite Wash

    Houston-based Eagle Rock Energy Partners LP [Nasdaq: EROC] has started up its previously announced state-of-the-art 60 MMcf/d cryogenic processing facility (the Woodall Plant) in Hemphill County, Texas, in the heart of the prolific Granite Wash play in the Texas Panhandle.

    The Woodall Plant is located on a 40-acre site owned by Eagle Rock in the center of the Partnership’s existing high-pressure gathering system near multiple residue gas pipeline outlets. Eagle Rock also constructed other intra-system pipeline enhancements in the immediate area to further facilitate product gathering, transportation and marketing to and from the Woodall Plant. The supporting infrastructure and plant site were designed to accommodate one or more additional expansions.

    The Woodall Plant is currently flowing approximately 40 MMcf/d and is anticipated to be capable of meeting its full capacity of 60 MMcf/d over the next several weeks. As a result of the incident reported on April 30th, natural gas has been temporarily diverted from the Partnership’s Phoenix-Arrington Ranch plant to the Woodall Plant to accommodate Eagle Rock’s producer customers’ natural gas volumes.

    With the completion of the Woodall Plant and the near-term resumption of processing capabilities at the Phoenix-Arrington Ranch plant, Eagle Rock will have approximately 190 MMcf/d of high efficiency cryogenic processing capacity serving the Granite Wash play.

    The construction of the Woodall Plant and associated gathering and compression cost approximately $72 million and is expected to be immediately accretive to the Partnership’s distributable cash flow.

    The Partnership is a growth-oriented master limited partnership (MLP) engaged in two businesses: a) midstream, which includes (i) gathering, compressing, treating, processing and transporting natural gas; (ii) fractionating and transporting natural gas liquids (NGLs); (iii) crude oil logistics and marketing; and (iv) natural gas marketing and trading; and b) upstream, which includes exploiting, developing, and producing hydrocarbons in oil and natural gas properties.

    Related Articles

    Tudor named volunteer of the year

    06/09/2014 United Way of Greater Houston named Bobby Tudor, chairman and CEO of Tudor, Pickering, Holt & Company LLC, as this year's recipient of the distinguished Robert W. Kneebone Volunteer of the Year...

    Eagle Rock makes executive changes

    05/13/2014

    Jeff Wood, senior vice president and CFO of Eagle Rock Energy Partners LP (Nasdaq:EROC), will resign effective May 30, 2014 to pursue other opportunities.

    MarkWest Energy Partners announce board changes

    04/25/2014 MarkWest Energy Partners LP reports that Keith E. Bailey has elected to retire from the board of directors of the Partnership’s General Partner, MarkWest Energy GP LLC, effective June 6, the date o...

    Williams Partners to expand Transco pipeline capacity

    04/25/2014 Williams Partners LP and its wholly owned subsidiary Transcontinental Gas Pipe Line Co. LLC report that Gulf Trace, a 1.2 million dekatherm per day expansion of the Transco pipeline system will ser...

    New Source Energy Partners offers common units

    04/23/2014

    New Source Energy Partners LP has announced a registered underwritten public offering of 2,800,000 common units representing limited partner interests.

    More Oil & Gas Financial Articles

    Tudor named volunteer of the year

    Mon, Jun 9, 2014

    United Way of Greater Houston named Bobby Tudor, chairman and CEO of Tudor, Pickering, Holt & Company LLC, as this year's recipient of the distinguished Robert W. Kneebone Volunteer of the Year Award at its annual meeting on April 29.

    Eagle Rock makes executive changes

    Tue, May 13, 2014

    Jeff Wood, senior vice president and CFO of Eagle Rock Energy Partners LP (Nasdaq:EROC), will resign effective May 30, 2014 to pursue other opportunities.

    MarkWest Energy Partners announce board changes

    Fri, Apr 25, 2014

    MarkWest Energy Partners LP reports that Keith E. Bailey has elected to retire from the board of directors of the Partnership’s General Partner, MarkWest Energy GP LLC, effective June 6, the date of the Partnership’s 2014 Annual Meeting of Common Unitholders.  

    Williams Partners to expand Transco pipeline capacity

    Fri, Apr 25, 2014

    Williams Partners LP and its wholly owned subsidiary Transcontinental Gas Pipe Line Co. LLC report that Gulf Trace, a 1.2 million dekatherm per day expansion of the Transco pipeline system will serve the Cheniere Energy Partners LP Sabine Pass Liquefaction project being developed in Cameron Parish, Louisiana.

    New Source Energy Partners offers common units

    Wed, Apr 23, 2014

    New Source Energy Partners LP has announced a registered underwritten public offering of 2,800,000 common units representing limited partner interests.

    Most Popular

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ