Copano Energy Announces Eagle Ford Gas Processing Expansion Facility
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Copano Energy, L.L.C. announced plans to expand processing facilities at its Houston Central complex, located in Colorado County, Texas, in response to producer demand in the rapidly developing Eagle Ford Shale play. The expansion project will consist of a new 400,000 Mcf per day cryogenic processing plant and will bring Copano's total processing capacity at its Houston Central complex to 1.1 Bcf per day. Anticipated capital spending for the expansion is estimated to be approximately $145 million, with an expected in-service date in early 2013. Start-up of the new plant is anticipated to coincide with commencement of Copano's firm capacity at Formosa Hydrocarbons Company's Point Comfort petrochemical facility under a previously announced NGL fractionation and sales agreement.
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