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Targa Reports Fire at New Mexico Gas Processing Plant

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   |    Thursday,September 05,2013

Targa Resources Partners LP has reported that its wholly owned subsidiary, Targa Midstream Services LLC (TMS), experienced a fire this morning at the Saunders gas processing facility in Lea County, New Mexico.

All workers have been accounted for. Emergency services were notified and arrived promptly on-site. The fire was contained and surrounding roads were secured and monitored by emergency personnel. The fire is now out, and TMS will begin to assess damage to the facility.

The Partnership's ownership in the facility is held through Versado Gas Processors, L.L.C., a joint venture that is 63% owned by the Partnership and 37% owned by Chevron U.S.A. Inc. TMS serves as the operator of the Versado system. Saunders is the smallest gas processing plant in the Versado system, with approximately 70 MMcf/d of the Versado system's approximately 280 MMcf/d gross processing capacity.

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