DCP Midstream LLC and DCP Midstream Partners LP announced construction of a cryogenic plant in Goliad, TX that will serve growing demand from producers in the liquids-rich Eagle Ford shale.
The 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 by early 2014.