March 2015, Vol. 242, No. 3

In The News

In the News: EnLink Midstream Bags Coronado Midstream

The EnLink Midstream companies, EnLink Midstream Partners LP and EnLink Midstream LLC, announced a definitive agreement to acquire Coronado Midstream Holdings LLC, which owns natural gas gathering and processing facilities in the Permian Basin. Coronado operates three cryogenic gas processing plants and a gas gathering system in the North Midland Basin, including about 270 miles of gathering pipelines, 175 MMcf/d of processing capacity and 35,000 hp of compression. Construction of an additional 100 MMcf/d of processing capacity and gathering system expansions of the Coronado system are underway. Coronado’s key assets were all constructed within the past five years, and the system has

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