Regency – Talisman – Statoil Plan $150 Million Expansion of Eagle Ford Gathering Assets

$150 Million Expansion is Supported by Partners Talisman and Statoil
Regency Energy Partners Eagle Ford Map

Regency Eagle Ford Gathering System Map

Regency Energy Partners announced a $150 million expansion of the company’s Edwards Lime Gathering Joint Venture. The Eagle Ford pipeline and midstream expansion will bring capacity of the company’s system up to 160 mmcfd of natural gas and 17,000 b/d of crude. Regency owns 60% of the joint venture and operates the assets. Talisman and Statoil own the remaining 40%.

Talisman and Statoil are supporting the expansion by dedicating production from their area of mutual interest. The expansion is supported through fee-based contracts and is scheduled for completion in the fourth quarter of 2012. [Read more…]

Energy Transfer Adding 100,000 b/d Mont Belvieu Fractionation Plant for Eagle Ford Production

Energy Transfer and Regency Energy announced construction of a second Mont Belvieu fractionation facility at a cost of $350 million.  The plant will complement infrastructure being built to support the Eagle Ford Shale, Permian Basin, and Woodford Shale.

Lone Star NGL, the official name of the Energy Transfer and Regency Energy partnership, will build a second 100,000 barrel per day natural gas liquids (NGLs) fractionation plant to support growing demand from liquids-rich areas in Texas and Oklahoma. A 100,000 b/d fractionator is currently under construction with a planned completion date in the first quarter of 2013 and the new fractionator will be completed in the first quarter of 2014.  [Read more…]