November 2010 Vol. 237 No. 11

In The News

Gulf Coast Fractionators Expands NGL Facility

Gulf Coast Fractionators, a partnership among ConocoPhillips, Devon Energy and Targa Resources Partners, will expand the capacity of its natural gas liquids fractionation facility in Mont Belvieu, TX. The maximum gross fractionation capacity of the facility will be expanded 42% (43,000 bpd) to 145,000 bpd. Targa Resources Partners owns a 38.8% interest in Gulf Coast Fractionators.

ConocoPhillips, as the operator, will manage the expansion project and existing operations are not expected to be disrupted during the construction phase. The expansion is expected to be operational during the second quarter of 2012. The total capital expenditures of $75 million are expected to be significantly lower than a greenfield fractionation facility since the new capacity will be integrated with existing fractionation capacity,
utilities, infrastructure and footprint at Mont Belvieu.