Copano Energy Eagle Ford Shale Update - May 2012

Copano Energy Eagle Ford Midstream Map
Copano Energy Eagle Ford Midstream Map

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

Other growth projects and notes

  • DK Pipeline extension will reach into McMullen County by Q2 2013 ($120 million)
  • Double Eagle Condensate Pipeline JV - Copano will spend $100 million on the 140 mile condensate gathering system. Building system in partnership with Magellan Midstream (100,000 b/d of capacity planned)

Find the full presentation at