Energy Transfer Partners Announces New Processing Plants and Expanded Gathering Systems in the Growing Eagle Ford and Eaglebine Production Areas
East Texas Plant
The East Texas Plant, a 200 million cubic feet per day cryogenic gas processing plant, will be constructed and installed east of the Partnership’s La Grange Plant. The new plant is expected to be constructed and placed in-service by the fourth quarter of 2015. The Volunteer Pipeline, as further detailed below, will deliver rich gas to the East Texas Plant for processing with the resulting natural gas liquids and residue gas delivered to Lone Star NGL LLC’s pipeline and ETP’s Southeast Bossier 42-inch gas pipeline, respectively.
Volunteer Pipeline
The approximate 70-mile, 24-inch Volunteer Pipeline will have an initial
capacity of 200 million cubic feet per day that will be expandable to
over 400 million cubic feet per day with the addition of compression.
The Volunteer Pipeline will originate in eastern
REM Eagle Ford Plant II
Also in light of ETP’s continuing success in securing long-term,
fee-based gathering and processing agreements along ETP’s REM system,
the Partnership has started construction of a new 200 million cubic feet
per day cryogenic gas processing plant in the Eagle Ford production area
that is expected to be online by June of 2015. This plant will be fully
subscribed once it is on line and will deliver the residue gas into
ETP’s HPL intrastate pipeline system and the natural gas liquids into
Lone Star NGL LLC’s pipeline system. By the end of 2015, ETP expects to
have in service approximately 1.8 billion cubic feet per day of
cryogenic processing capacity in the Eagle Ford and Eaglebine plays in
south and southeast
The East Texas Plant, REM Eagle Ford Plant II and Volunteer Pipeline
projects, estimated to cost between
Forward-Looking Statements
This press release may include certain statements concerning
expectations for the future that are forward-looking statements as
defined by federal law. Such forward-looking statements are subject to a
variety of known and unknown risks, uncertainties, and other factors
that are difficult to predict and many of which are beyond management’s
control. An extensive list of factors that can affect future results are
discussed in the Partnership’s Annual Reports on Form 10-K and other
documents filed from time to time with the
The information contained in this press release is available on our website at www.energytransfer.com.
Source:
Investor Relations:
Energy Transfer
Brent Ratliff,
214-981-0700
or
Media Relations:
Granado
Communications Group
Vicki Granado, 214-599-8785
Cell:
214-498-9272