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Project(s): View 9 related projects in PECWeb
Plant(s): View 8 related plants in PECWeb
Released December 22, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas), DCP Midstream LP (NYSE:DCP) (Denver, Colorado) and Targa Resources Corporation (NYSE:TGRP) (Houston) have announced a positive final investment decision on the construction of the Gulf Coast Express natural gas pipeline in Texas.
The pipeline will run approximately 450 miles from the Waha Hub in the Permian Basin to the hub near Agua Dulce, Texas. The pipeline will be designed to transport up to 1.92 billion cubic feet per day (Bcf/d) of natural gas. Kinder Morgan holds a 50% stake in the pipeline, while DCP and Targa each hold a 25% stake.
The companies announced that they had sufficient shipping commitments to proceed with construction. Approximately 85% of the pipeline's capacity is subscribed under long-term, binding agreements, and the companies said they expect the remaining capacity to be subscribed by early 2018. In addition to the three owners, other companies that have made shipping commitments include Apache Corporation (NYSE:APA) (Houston) and Pioneer Natural Resources Company (NYSE:PXD) (Irving, Texas). Apache has secured 500 million cubic feet per day on the pipeline and retains an option for a 15% equity stake.
The pipeline has an estimated in-service date of fourth-quarter 2019 pending regulatory approvals and will include five compressor stations. The total investment value for the project is approximately $1.7 billion. For more information, see Industrial Info's project reports on the pipeline and
In south Texas, Kinder Morgan is getting ready to kick off its Lone Star Project on its Tennessee Gas Pipeline network. The project involves constructing two compressor stations in Jackson County and San Patricio County. The project will enable transportation of up to 300 million cubic feet per day of natural gas to a new interconnection with Cheniere Corpus Christi Pipeline LP. The project has an estimated total investment value of $80 million. Construction is expected to kick off early next year, taking about a year to complete. For more information, see Industrial Info's project reports on the Jackson County and San Patricio County compressor stations.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
The pipeline will run approximately 450 miles from the Waha Hub in the Permian Basin to the hub near Agua Dulce, Texas. The pipeline will be designed to transport up to 1.92 billion cubic feet per day (Bcf/d) of natural gas. Kinder Morgan holds a 50% stake in the pipeline, while DCP and Targa each hold a 25% stake.
The companies announced that they had sufficient shipping commitments to proceed with construction. Approximately 85% of the pipeline's capacity is subscribed under long-term, binding agreements, and the companies said they expect the remaining capacity to be subscribed by early 2018. In addition to the three owners, other companies that have made shipping commitments include Apache Corporation (NYSE:APA) (Houston) and Pioneer Natural Resources Company (NYSE:PXD) (Irving, Texas). Apache has secured 500 million cubic feet per day on the pipeline and retains an option for a 15% equity stake.
The pipeline has an estimated in-service date of fourth-quarter 2019 pending regulatory approvals and will include five compressor stations. The total investment value for the project is approximately $1.7 billion. For more information, see Industrial Info's project reports on the pipeline and
- the Sanderson compressor station
- the Uvalde compressor station
- the Fort Stockton compressor station
- the Pumpville compressor station
- the Agua Dulce compressor station
In south Texas, Kinder Morgan is getting ready to kick off its Lone Star Project on its Tennessee Gas Pipeline network. The project involves constructing two compressor stations in Jackson County and San Patricio County. The project will enable transportation of up to 300 million cubic feet per day of natural gas to a new interconnection with Cheniere Corpus Christi Pipeline LP. The project has an estimated total investment value of $80 million. Construction is expected to kick off early next year, taking about a year to complete. For more information, see Industrial Info's project reports on the Jackson County and San Patricio County compressor stations.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
