Houston-based Eagle Rock Energy has acquired the Brookeland natural gas processing plant and Masters Creek gathering system in southeastern Texas and Louisiana from Duke Energy Field Services for an undisclosed amount.
The Brookeland plant has a throughput of 100 MMcf/d. Together, the Brookeland and Masters Creek systems have 600 miles of gas gathering lines and estimated natural gas liquids production of 2,500 bbl/d. The employees associated with the assets will join Eagle Rock.
Eagle Rock currently has gas gathering, processing and treating assets throughout Texas and is planning an extension of its Tyler County gathering pipeline to interconnect with the new assets.
“These assets support our commitment to the producers who are aggressively developing this area of East Texas and Louisiana, as well as producers who are interested in Eagle Rock Energy’s focus on customer service,” said CEO Alex Bucher. “We remain excited about the continued growth and strategic opportunities provided to our business.”
Eagle Rock was formed in June 2002 and is a portfolio company of Natural Gas Partners, a private equity company.
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