Sendero Places Permian Gas Processing System in Service
Sendero Midstream has commenced operations on a gas processing system in Eddy County, N.M. Comprised of more than 60 miles of pipeline, the system also includes a gas processing plant with a capacity of 130 MMcf/d.
In addition, the company announced it will invest $750 million in the Permian Basin over the next five years to support increased oil and natural gas production. The investment includes expanding the gas gathering and processing system with four additional plants, pipelines and compressor systems capable of transporting more than 1 Bcm/d.
"The Permian's Delaware Basin is one of the most prolific areas for oil and natural gas production in the entire world, and our investments are a recognition of the significant needs for midstream services in a rapidly developing basin," said Clay Bretches, Sendero Midstream President and Chief Executive Officer.
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