Enterprise Begins Service on Orla 3
July 09 2019 - 7:30AM
Business Wire
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”)
today announced that service recently began on the third train at
its Orla cryogenic natural gas processing plant in Reeves County,
Texas. The completion of the final announced processing unit at
Orla increases natural gas processing capacity at the facility to
900 million cubic feet per day (“MMcf/d”) and allows Enterprise to
produce in excess of 140,000 barrels per day (“BPD”) of natural gas
liquids (“NGL”). Throughout the Permian Basin, Enterprise now has
the capability to process 1.3 billion cubic feet of natural gas and
produce approximately 200,000 BPD of NGLs.
“The three trains at Orla that have been brought online over the
past year reflect Enterprise’s agility and commitment to providing
timely and efficient solutions for facilitating production growth
in the prolific Permian Basin,” said A.J. “Jim” Teague, chief
executive officer of Enterprise’s general partner. “And we are not
through yet expanding our processing capabilities in the Permian.
The Mentone cryogenic natural gas processing facility in Loving
County, Texas, which will have the capacity to process 300 MMcf/d
of natural gas and extract in excess of 40,000 BPD of NGLs, is on
schedule for completion in the first quarter of 2020, and we are
actively negotiating contracts with customers to underwrite
additional capacity.”
Orla and Mentone extend Enterprise’s value chain in the Permian
and Delaware basins, linking customers to the company’s integrated
pipeline network, including the recently completed Shin Oak
pipeline and the Texas Intrastate natural gas system. In addition,
the company’s Mont Belvieu complex, where 300,000 BPD of
fractionation capacity is under construction and expected to be
available in 2020, as well as an extensive system of Gulf Coast
export docks provide unsurpassed access to the most attractive
domestic and international markets.
Enterprise Products Partners L.P. is one of the largest publicly
traded partnerships and a leading North American provider of
midstream energy services to producers and consumers of natural
gas, NGLs, crude oil, refined products and petrochemicals. Our
services include: natural gas gathering, treating, processing,
transportation and storage; NGL transportation, fractionation,
storage and import and export terminals; crude oil gathering,
transportation, storage and terminals; petrochemical and refined
products transportation, storage and terminals; and a marine
transportation business that operates primarily on the United
States inland and Intracoastal Waterway systems. The partnership’s
assets currently include approximately 49,200 miles of pipelines;
260 million barrels of storage capacity for NGLs, crude oil,
petrochemicals and refined products; and 14 billion cubic feet of
natural gas storage capacity.
This press release includes “forward-looking statements” as
defined by the Securities and Exchange Commission. All statements,
other than statements of historical fact, included herein that
address activities, events, developments or transactions that
Enterprise and its general partner expect, believe or anticipate
will or may occur in the future are forward-looking statements.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially
from expectations, including required approvals by regulatory
agencies, the possibility that the anticipated benefits from such
activities, events, developments or transactions cannot be fully
realized, the possibility that costs or difficulties related
thereto will be greater than expected, the impact of competition,
and other risk factors included in Enterprise’s reports filed with
the Securities and Exchange Commission. Readers are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of their dates. Except as required by law, Enterprise
does not intend to update or revise its forward-looking statements,
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20190709005154/en/
Randy Burkhalter, Investor Relations, (713) 381-6812 or (866)
230-0745 Rick Rainey, Media Relations, (713) 381-3635
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