Copano Energy Eagle Ford Shale Update – May 2012

Copano Energy has Announced Almost $1 Billion in Eagle Ford Projects
Copano Energy Eagle Ford Midstream Map

Copano Eagle Ford Map | Click to Enlarge

Copano Energy provided an update on its Eagle Ford operations in May. Highlights include:

  • Copano is investing $1 billion in organic projects
  • Has committed volumes of ~1 Bcf/d with 10 year terms from producers
  • Houston Central (200 mmcfd)cryogenic plant is performing better than expected
  • Lean oil plant at Houston Central realizing lower recoveries than expected
  • New 400 mmcfd cryogenic plant at Houston Central will improve margins further Q1 2013. Another 400 mmcfd expansion coming in 2014
  • High NGL content in the Eagle Ford creates short-term constraints, but long-term opportunity [Read more…]

Enterprise to Significantly Expand Eagle Ford Shale Capabilities with New Construction Projects

Enterprise Products plans to build over 350 miles of pipe, while adding additional processing capacity in the Houston Ship Channel to help service the Eagle Ford Shale.  Enterprise will soon be able to process 1.5 bcf per day of gas across its processing facilities in South Texas.

“Enterprise Products Partners L.P. (NYSE:EPD) today announced several new construction projects that will further extend and expand its natural gas and natural gas liquids (NGL) infrastructure in South Texas and Mont Belvieu, Texas to accommodate growing production volumes from the Eagle Ford Shale play. As part of the initiative, Enterprise plans to install 350 miles of pipelines, build a new natural gas processing facility, and add a new NGL fractionator at the Mont Belvieu complex near the Houston Ship Channel. In addition, the partnership recently completed several key, previously announced projects, including the initial 34-mile segment of the east-west rich gas Eagle Ford mainline and the final leg of the 62-mile White Kitchen Lateral. As a result, Enterprise soon will be able to fill the existing 1.5 billion cubic feet per day (Bcf/d) of capacity at its seven South Texas natural gas processing facilities.”

Read the full press release at epplp.com

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