Oklahoma Woodford shale gas plants, gathering change hands

Warren R. True
Chief Technology Editor-LNG/Gas Processing

HOUSTON, Oct. 11 -- Cardinal Midstream LLC, Dallas, will pay $268 million to Antero Resources LLC, Denver, for natural gas midstream processing and gathering in eastern Oklahoma’s Arkoma Woodford shale.

Cardinal will acquire Antero’s 60% interest in Centrahoma Processing LLC, a joint venture with MarkWest Energy Partners LP, Denver. Centrahoma operates two cryogenic processing plants in Coal and Atoka counties, which jointly have 100 MMcfd in inlet capacity, and an NGL pipeline that connects the two plants.

The sales transaction, to be concluded next month, also includes Anetro’s Northern Front gathering system that delivers rich natural gas to Centrahoma along with Antero’s East Rockpile gathering system in Pittsburgh County, Okla. That system gathers lean gas for amine treating and compression. Cardinal said it will expand treating and compression on East Rockpile as volumes on the gathering system increase.

The two gas plants subject to the sale currently produce about 9,500 b/d of NGLs that are sold to Oneok Partners LP, Tulsa, a company spokesperson told OGJ. Residue gas from the plants currently flows into transmission operated by Enogex, Oklahoma City; MarkWest; Centerpoint, Houston; and Kinder Morgan’s Natural Gas Pipeline Co. of America.

In addition, Cardinal Midstream announced it is in the engineering phase of an additional 120-MMcfd gas plant projected to start up is 2011.

Contact Warren R. True at warrent@ogjonline.com.

Related Articles

Gathering, cryo plant on tap for Oklahoma Woodford

06/25/2014 Tall Oak Midstream LLC, Edmond, Okla., will build 250 miles of gas low-pressure gathering pipeline and a 75-MMcfd cryogenic processing plant in Pay...

Silver Creek, PostRock form Woodford JV

06/13/2014 Silver Creek Oil & Gas LLC, Irving, Tex., and PostRock Energy Corp., Oklahoma City, have formed a joint venture covering 17,900 gross acres in ...

Link strengthened between wastewater injection and Oklahoma earthquakes

06/10/2014 New research suggests that a magnitude 5.7 earthquake that struck near Prague, Okla., in 2011 and led to hundreds of smaller aftershocks was trigge...

Devon, Cimarex to acquire Cana-Woodford assets

05/06/2014 Devon Energy Corp., Oklahoma City, and Cimarex Energy Co., Denver, reported entering into an acquisition scheme for assets primarily in the Cana-Wo...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected