midstream

U.S. oil and gas exploration and production have a primary goal of increased fuel supplies. But they have an additional benefit almost as good as the first – job creation and increased economic growth in the area. The new and increased liquids and gas production coming from the development of shale reservoirs have not only been a boon in energy resources but have immensely helped the economy in job growth and economic benefits to regions, including business and government.

Western Gas Partners, LP will buy the Red Desert Complex and related assets, primarily in the greater Green River Basin of southwestern Wyoming, from Anadarko Petroleum Corp. for $483 million.

Kinder Morgan Energy Partners, L.P. will build, own and operate a petroleum condensate processing facility near its Galena Park terminal on the Houston Ship Channel.

Houston-based Nuevo Midstream, LLC plans to significantly increase processing and treating capacity at its Ramsey plant site in the Delaware Basin near Orla, TX. Nuevo has bought a cryogenic processing plant with capacity of 100 MMcf/d and a second amine treating plant with a capacity of 475 gallons per minute (gpm).