DCP Midstream Partners LP will construct a 200 MMcf/d natural gas processing plant in the Eagle Ford. The $120 million Eagle Plant project will be supported by a 15-year fee based agreement to process the company's natural gas volumes. The facility, which will compliment the company's five existing processing plants and capacity of 800 MMcf/d in South Texas, is expected to be completed during 4Q2012.
GreenHunter Energy Inc., which provides water services to the oil and gas industry, said subsidiary GreenHunter Water will acquire approximately 99 mineral acres and 84 surface acres in West Virginia to build a commercial water service facility. The plant will be able to treat oilfield produced water, frac water and drilling mud, one or more salt water disposal wells and a heavy equipment and frac tank lay-down yard. The location of the facility was not disclosed.
Magellan Midstream Partners LP is in discussions with third parties over opportunities to transport Eagle Ford crude oil to facilities in Corpus Christi, TX. Magellan said it expects the cost of a project to transport additional crude oil from the shale play to the Gulf to be between $75 and $80 million.