Dallas-based EnLink Midstream said last week it will relocate an underutilized natural gas processing plant from Barnett Shale in north Texas to Delaware Basin at a cost of about $30 million. EnLink said Feb. 14 that Project Tiger II is “a low-cost, high-return project” expected to add 150 million cfd of natural gas processing capacity. Completion is expected in 2024Q2. The plant was acquired in 2022Q3 from Crestwood Equity Partners.
EnLink also said it completed construction of Phantom processing plant (235 million cfd) in Midland Basin. CEO Jesse Arenivas said, “We are in a great place as a company with a clear line of sight to continued growth in 2023 and beyond.”
