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Operations
April 4, 2014We currently own an oil and natural gas gathering system in the Western Eagle Ford (the “Western Catarina Midstream system”), as well as a 50% equity interest in Carnero G&P LLC (“Carnero JV”) which is a joint venture with Targa Resources Corp. (NYSE: TRGP) (“Targa”) that is made up of a gathering system that connects to the Western Catarina Midstream system (the “Carnero Gathering Line”) and a cryogenic natural gas processing plant (the “Raptor Gas Processing Facility”). In addition, we own a 100% interest in a dry gas takeaway pipeline that connects to the Raptor Gas Processing Facility (the “Seco Pipeline”), and reversionary working interests and other production assets in Texas and Louisiana.
Western Catarina Midstream
- 200 MMcfe/d of natural gas gathering capacity
- 100% owned and operated by Evolve Transition Infrastructure
Carnero Gathering Line
- Transports wet gas from Mesquite Energy’s Catarina and Comanche assets to the Raptor Gas Processing Facility
- Capacity of 400 MMcfe/d
- 50% owned by Evolve Transition Infrastructure
- 50% owned and operated by Targa Resources Corp.
Seco Pipeline
- Natural gas pipeline that can transport dry gas from the Raptor Gas Processing Facility to multiple markets
- 100% owned and operated by Evolve Transition Infrastructure
Raptor Gas Processing Facility
- 260 MMcfe/d gas processing plant that has an acreage dedication from Mesquite Energy’s Catarina asset
- 50% owned by Evolve Transition Infrastructure
- 50% owned and operated by Targa Resources Corp.
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