DCP Consortium To Build Eagle Ford Gas Processing Plant

DCP Midstream LLC and DCP Midstream Partners LP announced construction of a cryogenic plant that will serve growing demand from producers in the liquids-rich Eagle Ford Shale.

The new Goliad plant will be constructed and funded by the previously announced DCP Eagle Ford joint venture formed Nov. 1, which is owned two-thirds by DCP Midstream and one-third by DCP Midstream Partners. The Goliad plant will have gas processing capacity of 200 MMcf/d. It will become part of the DCP Eagle Ford system providing Eagle Ford producers one-stop service from the plant tailgate to the Gulf Coast market centers. The Goliad plant is expected to be completed in early 2014.