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Briefs -- MMEX Resources | Canyon Midstream

MMEX Resources Corp. said it plans to build a $450 million, 50,000 b/d capacity crude oil refinery in the West Texas portion of the Permian Basin, at a site 20 miles northeast of Fort Stockton. The facility is to be built on a 250-acre site in Pecos County, near the Sulfur Junction spur of the Texas Pacifico Railroad using existing infrastructure to export diesel, gasoline, jet fuel, liquefied petroleum gas and crude oil to western Mexico and South America. Upon completion of the permitting process, construction is slated to begin in early 2018. MMEX added that the facility, which is projected to begin operations in 2019, is also subject to completion of required debt and equity financing.

Canyon Midstream Partners II LLC has begun constructing the Redcliff Plant, a natural gas processing facility in Woodward County, OK, and the Redcliff Gathering System in the state’s Woodward, Dewey, Blaine and Canadian counties. The system would serve producers in Oklahoma's STACK (Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties). When completed in 1Q2018, the Redcliff Plant is expected to provide 200 MMcf/d of cryogenic processing capacity and access to residue gas markets on ANR and Southern Star Central. The Redcliff system would initially consist of 70 miles of 20-inch diameter trunkline, multiple field compression stations and low-pressure gathering pipelines to deliver gas from producer locations to the Redcliff Plant. The plant would be built to accommodate future expansions, which would bring the site's total processing capacity to 400 MMcf/d.

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