May 2018, Vo. 245, No. 5
Projects
Targa to Expand Grand Prix NGL Pipeline, Delaware Basin Capacity
Targa Resources entered a long-term, fee-based agreements for natural gas gathering and processing services in the Delaware Basin and for downstream transportation, fractionation and other related services.
Targa will construct 220 miles of 12-to-24 inch high-pressure, rich gas gathering pipelines across the Delaware Basin. The Falcon Plant, a new 250 MMcf/d cryogenic natural gas processing plant, is expected to begin operations in the fourth quarter of 2019, and the Peregrine Plant, a second 250 MMcf/d cryogenic natural gas processing plant, should be online in the second quarter of 2020.
The company also announced an extension of the Grand Prix NGL Pipeline, a new common carrier NGL pipeline currently under construction, into southern Oklahoma.
Once completed, the Grand Prix NGL Pipeline will run from North Texas, where Permian and Oklahoma volumes will be connected to a 30-inch segment, to Mont Belvieu.
Initially, it will be able to transport 450,000 bpd, with the ability to expand to 950,000 bpd. The capacity on the 24-inch pipeline from the Permian Basin to North Texas will be about 300,000 bpd, with the ability to expand to 950,000 bpd. The capacity from southern Oklahoma to North Texas will vary based on telescoping pipe size.
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