Atlas Pipeline To Build Permian Basin Processing Plant
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Atlas Pipeline Partners, L.P. announced plans to construct a new 200 MMCFD cryogenic processing plant to accommodate rapidly increasing Permian production. The new facility, to be known as the Driver plant, will be constructed in two phases, with the first phase involving construction of plant and associated compression to process 100 MMCFD, expected to be in service in the first quarter of 2013. The second phase, involving placement of additional compression and refrigeration equipment to increase the plant’s capacity to 200 MMCFD, is scheduled to be operational in the first quarter of 2015. The Partnership expects cash flows from the expansion to materialize in meaningful amounts during the second half of 2013.
Completion of both phases will increase processing capacity at WestTX from…
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