February 2011, Vol. 238 No. 2

Projects

NGL Transport and Fractionation Services For Eagle Ford Shale

Targa Resources Partners LP has finalized an exclusive non-binding memorandum of understanding with TexStar Midstream Services, LP and TEAK Midstream, LLC for development of a new y-grade natural gas liquids (NGL) pipeline to transport NGLs from processing facilities in the Eagle Ford shale to Mont Belvieu and a new fractionation train at the Targa Resources Partners-operated Cedar Bayou fractionation facility. Upon consummation of the transaction, Targa Resources Partners would expect to become an owner in the new pipeline that will be designed to accommodate a future extension into the Permian Basin area of West Texas to provide y-grade transportation services. Plans also cal

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