Gas Processing is Produced by Gulf Publishing Company

Your source for technology information for the gas processing industry

EnLink Midstream announces solution to move NGLs from central Oklahoma to Gulf Coast

DALLAS — The EnLink Midstream companies, EnLink Midstream Partners, LP and EnLink Midstream, LLC announced that a subsidiary of EnLink entered into a long-term, fee-based agreement with a subsidiary of ONEOK Inc. to move NGLs from EnLink's premier Central Oklahoma position to EnLink's Cajun-Sibon platform and the Mont Belvieu trading and storage hub.

NGL volumes from EnLink's Chisholm processing complex will directly connect to EnLink's Louisiana franchise, allowing EnLink to preferentially fill its Cajun-Sibon platform and providing new access to the growing Gulf Coast NGL hub. EnLink's Central Oklahoma NGLs will be transported through ONEOK's Arbuckle and Sterling systems, which ONEOK plans to expand by the end of 2018 to handle the incremental volumes. The flexibility built into the agreement benefits EnLink's long-term strategic growth plan by allowing EnLink to retain control of volumes and optimize current operations and future opportunities. The deal is immediately accretive to EnLink's earnings and requires no incremental capital expenditures.   

"This arrangement provides a solution to move NGLs from EnLink's premier position in prolific Central Oklahoma to our demand-driven Louisiana system and other Gulf Coast demand centers, through a long-term, attractive agreement with ONEOK," said Barry E. Davis, EnLink Chairman and Chief Executive Officer. "The agreement gives us physical connections from Chisholm directly to Cajun-Sibon via the ONEOK systems, which will enhance the performance and reliability of our platform. We evaluated many options to move NGLs to the Gulf Coast, including building our own pipeline, and this deal was the most economic, secure, and flexible for EnLink and our customers."

This arrangement provides an immediate NGL transportation solution that allows EnLink to appropriately plan for processing capacity expansions to match producer volume growth. Volume commitments in this agreement scale only as EnLink adds processing capacity.

Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo


Business Trends
In the business of hydrocarbon production, accurate accounting of produced fluids and gases is critical from a process control, management and fiscal perspective.
Editorial Comment
-Adrienne Blume
The US East Coast will send out its first LNG exports in early 2018 as Dominion Energy’s Cove Point LNG export facility in Lusby, Maryland becomes operational.

The New LNG Imperative

Register Now

The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.

November 29, 2017 10am CST

View on Demand


Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2018 Gulf Publishing Company.