June 12, 2019 - 4:00 PM EDT
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Brazos Midstream Announces Extension of Delaware Basin Gathering System to Support Processing Agreement with Shell Exploration & Production

FORT WORTH, Texas

  • Project anchored by fifteen year, fee-based acreage dedications totaling 55,000 acres in the core of the Texas Delaware Basin
  • Comanche III, a new, fully operational 200 MMcf/d natural gas processing plant, further enhances Brazos’ ability to respond quickly to growing producer customers’ needs

Brazos Midstream (“Brazos” or “the Company”) today announced it has executed gathering and processing agreements with Shell Exploration & Production to construct a new natural gas gathering system located in the core of the Delaware Basin. Brazos’ new midstream infrastructure is anchored by fifteen year, fee-based acreage dedications totaling 55,000 acres in Loving, Ward, and Winkler counties. Brazos will construct 16 miles of high-pressure pipeline that will extend from the Company’s existing gathering and processing systems and can be expanded further to support multi-well pad development by current producer customers, as well as other producers in the area.

Brazos also announced it recently commissioned the Comanche III plant, a 200 million-cubic-feet-per-day (MMcf/d) cryogenic natural gas processing plant. Comanche III, which began processing volumes in the first quarter of 2019, is the third plant in Brazos’ natural gas processing complex, located in Reeves County, Texas, and brings Brazos’ total operated processing capacity in the region to 460 MMcf/d. Brazos anticipates further expansion of its processing complex with Comanche IV, a new 200 MMcf/d plant, and expects construction to begin as early as 2020.

“We are very pleased to announce the expansion of our relationship with Shell Exploration and Production, one of world’s premier oil and gas companies, as well as the completion of our Comanche III processing plant,” said Brad Iles, Brazos Chief Executive Officer. “These projects are a testament to the strength of our operating team and demonstrate our commitment to aggressively expand our asset base in support of our upstream customers. We remain committed to offering comprehensive, best-in-class midstream services and will continue to leverage our extensive experience in the region and our strong customer relationships as we grow in one of the most economic oil and gas producing regions in the country.”

About Brazos Midstream

Headquartered in Fort Worth, Texas, Brazos is one of the largest private natural gas and crude oil midstream companies in the Delaware Basin. The Company’s assets are located in Reeves, Ward, Loving, Winkler, and Pecos counties and include approximately 800 miles of intrastate natural gas and crude oil gathering pipelines, a natural gas processing complex with 460 MMcf/d of processing capacity and approximately 75,000 barrels of crude oil storage. Brazos serves leading major and independent oil and gas producers, which together have made long-term dedications for over 500,000 acres.

For more information, please visit brazosmidstream.com.

Meggan Morrison
Redbird Communications Group
(972) 639-8715
meggan@redbirdpr.com


Source: Business Wire (June 12, 2019 - 4:00 PM EDT)

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