DCP Midstream, LP (NYSE: DCP) announced that Mewbourn 3, a new 200 million cubic feet per day (MMcf/d) natural gas processing plant is now in service ahead of all announced timelines. Mewbourn 3 is DCP’s tenth plant in the DJ Basin, increasing the company’s processing capacity in the region to over 1 billion cubic feet per day (Bcf/d).
“We are excited to bring the Mewbourn 3 plant online as part of our comprehensive growth strategy in the DJ Basin, completing an important step toward adding 1.5 billion cubic feet per day of capacity to meet the needs of our customers’ continued record production,” said Wouter van Kempen, president, chairman, and CEO of DCP Midstream. “All of our DJ Basin customers will immediately benefit from this increase in processing capacity, and our future build out in basin infrastructure will ensure their production growth capacity well into the next decade.”
The Mewbourn 3 plant connects to multiple outlets affiliated with DCP for natural gas liquids and natural gas takeaway, ensuring DJ Basin producers have access to attractive markets, including those along the Gulf Coast.
In addition to Mewbourn 3, DCP has previously announced two upcoming plants as part of its multi-year, fully integrated growth strategy. With construction currently underway, the in-service date for the O’Connor 2 facility has been accelerated to Q2 2019, and its capacity has been expanded by 50%, to 300 MMcf/d, including up to a 100 MMcf/d bypass.
Additionally, DCP has secured land and filed permits for a 12th plant, recently named Bighorn, to further meet the projected needs of production in the basin. Bighorn will have up to 1 Bcf/d of capacity, including bypass, and is expected to begin initial phases of operations in 2020. Along with these plant expansions and additions, DCP is extending its value chain via NGL and gas takeaway projects to ensure producers’ needs are met from the wellhead to end use markets.
