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Researched by Industrial Info Resources (Sugar Land, Texas)--Enterprise Products Partners LP (NYSE:EPD) (Houston, Texas) said Tuesday it has begun operations at a natural gas processing plant in the Permian's Midland Basin. The plant is among other growth projects Enterprise expects will begin service by the end of 2023.
"This new processing plant, which was completed on time and on budget, represents a strategic addition to our Permian Basin assets," said Jim Teague, co-chief executive officer of Enterprise's general partner, in a related press release. "For the foreseeable future, the Permian Basin is expected to drive domestic production of crude oil, natural gas and NGLs, and the expansion of our midstream network will support producers as they meet growing demand in the U.S. and internationally. The Poseidon gas plant is among $3.8 billion of major growth projects expected to begin service and generate new sources of cash flow by the end of 2023."
The $225 million Poseidon cryogenic natural gas processing plant in Glasscock County, Texas, which is Enterprise's sixth natural gas plant in the Midland Basin, has a nameplate capacity of 300 million cubic feet per day (MMcf/d) and can extract more than 40,000 barrels per day (BBL/d) of natural gas liquids (NGLs). According to a press release, the addition gives Enterprise the capability to process 1.3 billion cubic feet per day (Bcf/d) and extract more than 185,000 BBL/d in the Midland Basin. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can click here to read a detailed project report.
Among the Enterprise projects expected to wrap up by the end of the year is another natural gas processing plant, located in the Permian's Delaware Basin: the $150 million Train II addition at its Mentone facility in Loving County will increase capacity at Mentone by 300 MMcf/d and allow for the extraction of another 30,000 barrels per day of NGLs, bringing the facility's total capacities to 600 MMcf/d and 60,000 BBL/d. Click here for a project report.
The additional feedstock from the Permian processing facilities could be utilized by another major NGL-related growth project: the addition of a 12th NGL fractionator in Mont Belvieu, Texas. The 150,000-BBL/d addition will increase the facility's total fractionation capacity to 1.25 million BBL/d. Engineering, procurement and construction (EPC) contractor S&B Engineers and Constructors Limited (Houston, Texas) kicked off construction early last year and is expected to wrap up this summer. Subscribers can click here for more information on the project.
In terms of refined products, Enterprise expects its $1.2 billion Propane Dehydrogenation (PDH) Unit 2 Addition in Mont Belvieu also will wrap up this summer. The unit would add 1.65 billion pounds per year of propylene production capacity, using approximately 35,000 BBL/d of propane as feedstock and doubling the facility's propylene production to 3.3 billion pounds per year. Subscribers can click here for more details.
Enterprise also is wrapping up an expansion of its hydrocarbons export terminal on the Houston Ship Channel. The project entails constructing a dock capable of accommodating Suezmax vessels with the capability of loading approximately 840,000 BBL/d of crude oil, increasing the facility's overall loading capacity. Subscribers to the GMI Terminals Project Database can click here to read more information.
The company expects growth capital expenditures of between $2.4 billion and $2.8 billion this year, with $400 million in sustaining capital spending.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
"This new processing plant, which was completed on time and on budget, represents a strategic addition to our Permian Basin assets," said Jim Teague, co-chief executive officer of Enterprise's general partner, in a related press release. "For the foreseeable future, the Permian Basin is expected to drive domestic production of crude oil, natural gas and NGLs, and the expansion of our midstream network will support producers as they meet growing demand in the U.S. and internationally. The Poseidon gas plant is among $3.8 billion of major growth projects expected to begin service and generate new sources of cash flow by the end of 2023."
The $225 million Poseidon cryogenic natural gas processing plant in Glasscock County, Texas, which is Enterprise's sixth natural gas plant in the Midland Basin, has a nameplate capacity of 300 million cubic feet per day (MMcf/d) and can extract more than 40,000 barrels per day (BBL/d) of natural gas liquids (NGLs). According to a press release, the addition gives Enterprise the capability to process 1.3 billion cubic feet per day (Bcf/d) and extract more than 185,000 BBL/d in the Midland Basin. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can click here to read a detailed project report.
Among the Enterprise projects expected to wrap up by the end of the year is another natural gas processing plant, located in the Permian's Delaware Basin: the $150 million Train II addition at its Mentone facility in Loving County will increase capacity at Mentone by 300 MMcf/d and allow for the extraction of another 30,000 barrels per day of NGLs, bringing the facility's total capacities to 600 MMcf/d and 60,000 BBL/d. Click here for a project report.
The additional feedstock from the Permian processing facilities could be utilized by another major NGL-related growth project: the addition of a 12th NGL fractionator in Mont Belvieu, Texas. The 150,000-BBL/d addition will increase the facility's total fractionation capacity to 1.25 million BBL/d. Engineering, procurement and construction (EPC) contractor S&B Engineers and Constructors Limited (Houston, Texas) kicked off construction early last year and is expected to wrap up this summer. Subscribers can click here for more information on the project.
In terms of refined products, Enterprise expects its $1.2 billion Propane Dehydrogenation (PDH) Unit 2 Addition in Mont Belvieu also will wrap up this summer. The unit would add 1.65 billion pounds per year of propylene production capacity, using approximately 35,000 BBL/d of propane as feedstock and doubling the facility's propylene production to 3.3 billion pounds per year. Subscribers can click here for more details.
Enterprise also is wrapping up an expansion of its hydrocarbons export terminal on the Houston Ship Channel. The project entails constructing a dock capable of accommodating Suezmax vessels with the capability of loading approximately 840,000 BBL/d of crude oil, increasing the facility's overall loading capacity. Subscribers to the GMI Terminals Project Database can click here to read more information.
The company expects growth capital expenditures of between $2.4 billion and $2.8 billion this year, with $400 million in sustaining capital spending.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
