Houston-based Altus Midstream Co. has started up the first of three cryogenic processing trains at the Diamond Cryo Complex in West Texas, helping to alleviate Alpine High natural gas shut-ins by its primary customer Apache Corp.
Articles from Altus
Houston-based Altus Midstream Co., which owns most of the assets servicing Apache Corp.’s Alpine High in the Permian Basin, has exercised an option to acquire a 26.7% stake in the 2 Bcf/d Permian Highway Pipeline (PHP), which when completed could deliver natural gas from West Texas to the Gulf Coast.
Houston-based Apache Corp. and Kayne Anderson Acquisition Corp. (KAAC) late Wednesday agreed to form a pure-play Permian Basin midstream operator to hold substantially all of Apache’s gathering, processing and transportation assets in the No. 1 prospect Alpine High.