Sanchez Midstream Sells Remaining Oklahoma Production Assets
7/17/2017
Sanchez Midstream Partners LP has closed the sale of its remaining operated production assets, which are located in Oklahoma.
“The sale of our remaining operated production assets further reduces our exposure to a price-sensitive revenue stream and is consistent with our strategy of focusing on stable, fee-based midstream activities,” said Gerry Willinger, Chief Executive Officer of the general partner of Sanchez Midstream Partners. “These projects include our wholly-owned Seco Pipeline, which is expected to provide dry gas takeaway capacity from the Raptor Gas Processing Facility to premium natural gas markets in South Texas beginning later this month.”
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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