During fourth quarter 2017, Sendero Midstream Partners, a privately held company owned by Energy Capital Partners, put into service a new state-of-the-art cryogenic natural gas processing plant capable of processing more than 130 million cubic feet of gas per day along with the initial phases of its natural gas gathering pipeline system, gas compression and dehydration facilities in Eddy County, New Mexico.
Sendero’s natural gas gathering system currently comprises approximately 50 miles of large diameter low- and high-pressure gas pipelines and approximately 14,000 horsepower of installed field compression in addition to the operational cryogenic plant.
Additionally, Sendero has commissioned its 29-mile, 12-inch diameter natural gas liquids (NGL) pipeline. The NGL line provides Sendero with access to two downstream NGL pipelines near Orla, Texas — Targa’s Grand Prix system and Energy Transfer’s Lone Star NGL system — and is currently flowing NGLs produced in its Carlsbad plant to these end markets. Sendero continues to expand its gathering footprint in New Mexico while servicing its current customers’ drilling plans as production increases in this prolific portion of the Basin. Given the expected growth in the region, Sendero also plans to expand its gas processing facility with an additional 220 MMcf/d processing train as production in the area continues on its rapid upward trajectory.
“The northern Delaware Basin is one of the most active drilling areas in North America, and we are excited to complete construction of our initial system. We look forward to growing our presence in the Basin in a meaningful way through delivering superior midstream service to both our existing and future customer base,” said Clay Bretches, president and CEO of Sendero.
Energy Capital Partners is a private equity and credit investment firm with more than $13 billion in capital commitments. The firm focuses on investing in the traditional and renewable power generation, midstream oil and gas, electric transmission, environmental infrastructure, and related energy services sectors of North America’s energy infrastructure
