Targa reports fire at Saunders gas processing plant in New Mexico

Targa Midstream experienced a fire Thursday morning at its Saunders gas processing facility in Lea County, New Mexico.

All workers have been accounted for, according to the company, which said that emergency services were notified and arrived promptly on-site.

The fire was contained and surrounding roads were secured and monitored by emergency personnel. The fire was reported out by Thursday afternoon, and Targa said it will now begin to assess damage to the facility.

There was no immediate word as to the cause of the incident.

Targa's ownership in the facility is held through Versado Gas Processors, a joint venture that is 63% owned by the Targa partnership and 37% owned by Chevron. Targa serves as the operator of the Versado system.

Saunders is the smallest gas processing plant in the Versado system, with approximately 70 MMcf/d of the Versado system's approximately 280 MMcf/d gross processing capacity.

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