Gulf Coast Condensate Splitters: A Billion-Dollar Bet on U.S. Energy Policy

SUGAR LAND--December 1, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--A year ago, amid surging condensate production from the Eagle Ford Shale in Texas, building condensate splitters on the Texas Gulf Coast was seen as the best way to turn that ultra-light crude into a salable product. Half a dozen condensate splitter projects were announced, at an aggregate cost of about $1 billion. These units had processing capacity exceeding 350,000 barrels per day (BBL/d). Within this article: Overview of development condensate splitter and condensate stabilizers in North America. Other companies featured--Pioneer Natural Resources Company (NYSE:PXD), Enterprise Products Partners L.P. (NYSE:EPD), BHP Billiton Limited (NYSE:BHP), Kinder Morgan Energy Partners L.P. (NYSE:KMP), Targa Resources Partners L.P. (NYSE:NGLS), Magellan Midstream Partners L.P (NYSE:MMP), Phillips 66 (NYSE:PSX)