March 2012, Vol. 239 No. 3


Teak Midstream To Build Processing Plant and Pipelines In South Texas

TEAK Midstream, L.L.C. is planning to construct more than 200 miles of natural gas gathering and residue delivery pipelines and an adjoining 200 MMcf/d cryogenic gas processing plant in south Texas to better serve gas producers operating in the Eagle Ford Shale play. TEAK has executed 10-year firm gathering and processing agreements with Talisman Energy USA Inc. and Statoil Natural Gas LLC that support the construction of the facilities. The cost of the project is $280 million to TEAK’s interest. The company expects the facilities will be operational early in the third quarter. The facilities will consist of two separate high-pressure gas gathering systems. One system wi

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