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Koch Adds to West Texas Gathering

Koch Adds to West Texas Gathering

Koch Midstream Services Co. of Houston bought West Texas gathering and treating assets from Glossop Gas Co. Koch acquired Glossop's Chenot Putnam Gathering System and Treating Plant in Pecos County, TX. The treating plant is capable of processing 10 MMcf/d. The gathering system includes 33.5 miles of high-pressure pipeline. The system also includes existing production.

"In addition to enhancing our treating capabilities in West Texas, these assets are strategically situated to expand our existing gathering infrastructure," said John Gibson, president of Koch Midstream Services. "The additional flexibility in moving gas volumes between existing plants and the expanded capacity fit Koch's long-term growth strategy for the West Texas Region." Terms of the all-cash deal were not disclosed.

In addition to these assets, Koch Midstream Services owns and operates its Coyanosa and Tippett processing plants, along with extensive high- and low-pressure gathering systems in West Texas and gathering systems, two treating facilities and three processing plants in East Texas.

"This is a great fit for our West Texas assets," said Koch spokeswoman Mary Beth Jarvis. "Koch Midstream has now got natural gas gathering and initial stage processing capabilities in two very robust and soon to be well integrated asset areas, West Texas and East Texas. And this is a great fit with our West Texas assets."

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