Project Profile
Value: US$100-120 million
Location: West Texas, Permian basin, USA
Capacity: 200 MMcfd
Start-up Year: second-half 2014
Atlas Pipeline Partners LP, Pittsburgh, Pa., will build a 200-MMcfd cryogenic processing plant in West Texas to handle rapidly increasing Permian basin production. The Edward plant will have initial capacity of 100 MMcfd, and Atlas expects it to be in service in second-half 2014. As production increases behind its system, additional compression and refrigeration equipment will increase the plant’s capacity to 200 MMcfd and come into service as needed. Atlas projects the cost for the Edward plant at US$100-120 million for both phases with most of the plant’s capital expenditures in 2013-14. Additional future capital expenditures will be for expected compression and well connection costs as needed. Atlas Pipeline\'s partner on the WestTX system, Pioneer Natural Resources Inc., which owns a 27.2% interest in the plant, will “participate in the project’s costs and cash flows and will anchor the production growth behind the expansion,” complemented by third-party producer customers.
Operators:
Atlas Pipeline Partners LP: Operator with 72.8% interest
Pioneer Natural Resources Inc.: 27.2% interest