The Blacks Fork Complex includes: Blacks Fork I cryogenic processing train 80 MMscf/d capacity Blacks Fork JT processing train 280 MMscf/d capacity Blacks Fork II cryogenic processing train 350/420 MMscf/d capacity Blacks Fork…
Natural Gas Sold into Market To: 80 MM/d Blacks Fork I Cryo Natural Natural Gas to Plant Gas Dehydration Residue Compression Natural Gas Natural Gas Inlet Liquid Slug To: 420 MM/d to Complex Catcher Blacks Fork II Cryo…
Williston Basin Oil & Gas Gathering Green River Basin/ Pinedale Anticline QEPFS Blacks Fork Hub Green River Basin QEPFS Vermillion Area Uinta Basin QEPFS Uinta Hub NW LA Haynesville /Cotton Valley QEPFS Hall Summit…
Auto refrigeration by reducing gas pressure across a simple Joule-Thomson (J-T) control valve that reduces the gas temperature to approximately 5 degrees Fahrenheit Lowest cost and NGL recovery processing method External…
Frac Spread = The value of the natural gas liquids (NGLs) extracted from the gas stream less the local price of natural gas (/MMBtu) required to make up for the MMBtu extracted If Frac Spreads are positive, the liquids contained in…
Assume Blacks Fork II plant inlet of 420 MMcfpd Daily Production Volume Cryogenic Process Refrigeration Process J-T Process Product Recovery Gallons Recovery Gallons Recovery Gallons Product GPM Factors Produced Factors Produced…
Crude Price Nymex / Gallon NGL Prices Mont Belvieu 3.50 3.25 3.00 Average Current 2.75 Product Percent Percent of crude of crude 2.50 C2 43.2% 18.8% 2.25 C3 68.4% 46.6% NC4 82.1% 73.3% 2.00 IC4 86.4% 79.5% 1.75 C5+ 95.9% 94.0%…
Assume Blacks Fork II plant inlet of 420 MMcfpd Daily Production Value Cryogenic Process Refrigeration Process J-T Process 2012 YTD Gallons Product Gallons Product Gallons Product Product Product Produced Value () Produced Value…
Assume plant inlet of 420 MMcfpd Plant Daily 2012 YTD Daily Annual Product Recovery Gallons Product Product Product Product GPM Factors Produced Margin () Value () Value () Ethane 1.20 82% 413,280 0.1072 44,304 16,170,960…
Fee-Based (represents 75% of QEPFS contracted volume): Producer pays processor a fee; producer receives 100% of the recovered NGLs plus 100% of the residue gas (less shrink and fuel) Keep-Whole (represents 25% of QEPFS contracted…
Ethane supply sources Region 2012 BBLs/d 2014 BBLs/d 2016 BBLs/d PADD I Appalachia, Marcellus, Utica 20,000 110,000 150,000 PADD II Midcontinent, Williston 200,000 240,000 240,000 PADD III Texas, Louisiana, New Mexico 600,000 800,000…
Cost to extract and transport ethane to the Mont Belvieu market (/Gallon) Cost Category PADD I PADD II PADD II PADD III PADD IV (Marcellus) (Midcontinent) (Williston) (Gulf Coast) (Rockies) T&F Cost 0.200 0.185 0.310 0.150 0.180 Btu…