By OGJ editors
HOUSTON, July 1 -- Wholly owned subsidiaries of Ute Energy LLC and Anadarko Petroleum Corp. formed Chipeta Processing LLC in the Uinta basin of Utah.
Chipeta will operate a gas processing and delivery hub in the Greater Natural Buttes area.
Ute Energy is an investment of Quantum Energy Partners, Quantum Resources Management, and the Ute Indian Tribe of the Uintah and Ouray reservation.
Anadarko is the operator and has 75% interest in Chipeta, which owns an existing 250 MMcfd refrigeration processing plant.
Chipeta is constructing a second 250 MMcfd cryogenic processing plant. It's scheduled for completion during the first quarter 2009.
