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Industry Brief

An Anadarko Petroleum Corp. subsidiary has sold its San Juan Plant, a natural gas processing facility in Kirtland, NM, to Castleton Commodities International LLC (CCI) for an undisclosed amount. The purchase includes about 225 miles of gathering pipelines, 150 of which connect into CCI's existing Lisbon plant. The plant has a capacity of 75 MMcf/d and can recover liquids through a 20 MMcf/d cryogenic unit. The transaction expands the commodities merchant's footprint in the Four Corners area. CCI, which also has upstream and midstream properties in Colorado and Utah, markets physical commodities that include gas, liquids and refined products, as well as power.

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