A new cryogenic gas processing plant in Martin County by Brazos Midland Processing qualified for Texas’ Jobs, Energy, Technology and Innovation (JETI) program, Gov. Greg Abbott announced last week. The new plant, Sundance II, with capacity of 300 million cubic feet per day, will create $185 million in capital investment. Brazos Midstream owns and operates an extensive natural gas gathering and processing footprint in Permian Basin, which accounts for 25 percent of natural gas production in the 48 contiguous states.
Gov. Abbott said Aug. 26, “New investment in natural gas processing is essential to meet increasing energy demands. Brazos Midstream’s $185 million expansion in Martin County will double their natural gas processing capacity in Midland Basin.”
CEO Brad Iles added, “Once commissioned, this addition will increase our combined Midland Basin processing capacity to 500 million cfd. This investment provides mission-critical gas infrastructure and reliable takeaway capacity to energy producers… With support from the state through incentive structures such as JETI, Brazos Midstream hopes to further leverage its existing large-scale infrastructure by building gas processing facilities located in Texas to drive additional job creation and economic growth.”
Officially launched in early 2024 after it became law in 2023, JETI is designed to attract substantial business investments to Texas with property tax incentives.
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