DCP Midstream Builds New Eagle Ford Gas Processing Plant

DCP Midstream LLC and DCP Midstream Partners LP have reported the construction of a new cryogenic plant that will serve growing demand from producers in the liquids rich and prolific Eagle Ford shale.
The new Goliad plant will be constructed and funded by the previously announced DCP Eagle Ford Joint Venture formed Nov. 1, which is owned two-thirds by DCP Midstream and one-third by DCP Midstream Partners.
The Goliad plant will have gas processing capacity of 200 million cubic feet per day. It will become part of the DCP Eagle Ford system providing Eagle Ford producers one-stop service from the plant tailgate to the Gulf Coast market centers. The Goliad plant is expected to be completed by the first quarter of 2014.
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