Kinder Morgan Eagle Ford Infrastructure Updates

Kinder Morgan provided an Eagle Ford pipeline and midstream update in its quarterly call last week.¬†The company realized better results in relation to it’s pipeline and gathering network in the Eagle Ford, while staying on target to complete a $220 million condensate pipeline that will terminate in the Houston Ship Channel. Kinder also announced a $130 million condensate processing facility in Galena Park, TX, that will have capacity of 25,000 b/d initially (potential for 100,000 b/d). ¬†Quotes below: [Read more…]