Additional acreage dedication will drive further growth
By Richard Rostad, analyst, Oil & Gas 360

Additional gas takeaway has arrived for the Delaware Basin, helping to alleviate the worst takeaway crunch in U.S. shale. Howard Energy Partners announced it has completed several projects in the Delaware, bringing significant volumes of processing and takeaway online.

Howard has extensive operations in the Delaware through a joint venture with WPX Energy (ticker: WPX).

Howard recently completed the second part of its two-plant cryogenic gas processing complex in Reeves County, adding 200 MMcf/d for a total capacity of 400 MMcf/d. The plant has interconnections with several natural gas and NGL pipelines and can also stabilize 4 MB...

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