Wheeler

Industry Brief

Enbridge Energy Partners LP said it will construct a 150 MMcf/d cryogenic gas processing plant on its Anadarko gas gathering system near Wheeler, TX. The $230 million Ajax plant would serve growing production from the Granite Wash play and is expected to be in service by early 2013. The plant would bring total Anadarko System processing capacity to 1.2 Bcf/d, the partnership said. The Anadarko System consists of about 2,800 miles of gas gathering and transportation pipelines in southwest Oklahoma and the Texas Panhandle, one gas treating plant and 12 gas processing plants, including the planned Ajax and previously announced Allison plants.

August 9, 2011

Chesapeake to Spin Off Granite Wash Royalty Trust

Chesapeake Energy Corp. has found another way to fund development for some of its abundant unconventional reserves, this time by launching an initial public offering (IPO) of a royalty trust for properties in the Anadarko Basin.

July 11, 2011
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