Carnero Midstream Joint Venture
Company Summary
Description
Sanchez Midstream and Targa Resources have entered into a deal to merge their 50% interest in the entities which own the Carnero Gathering Line and Raptor Processing Facility, forming a 50/50 joint venture in South Texas. The Carnero JV has also acquired Targa's 200 Mmcf/d Silver Oak II Gas Processing Plant. The JV will control total processing capacity of 460 Mmcf/d and the netire 500 Mmcf/d design limit on the Carnero Gathering Line. An acreage dedication of 315,000 acres was made by Sanchez Energy under a long-term gas gathering and processing agreement.Website
http://globenewswire.com/news-release/2018/05/23/1...Operational Regions
- Eagle Ford
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Date: 5/23/2018
Type: Joint Venture
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REGIONS:
Eagle Ford
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