April 2013, Vol. 240 No. 4

In The News

Regency Energy Partners Expands Footprint In Permian Basin

Regency Energy Partners L.P. will acquire Southern Union Gathering Co. LLC, the owner of Southern Union Gas Services Ltd. (SUGS), from Southern Union Co., a jointly owned affiliate of Energy Transfer Equity L.P. and Energy Transfer Partners L.P. The $1.5 billion acquisition will significantly expand Regency’s presence the Permian Basin. The transaction will include the purchase of a 5,600-mile gathering system and 500 MMcf/d of processing and treating facilities in West Texas and New Mexico for natural gas and natural gas liquids. In addition, SUGS is finishing construction of the 200 MMcf/d Red Bluff processing plant with associated treating which is expected to be in ser

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