Martin Midstream Partners LP, Kilgore, Tex., has announced that its unit, Waskom Gas Processing Co., has completed expanding gas processing capacity at its gas processing and NGL fractionation plant in Waskom, Tex.
The new nameplate gas processing capacity is 320 MMcfd, an increase of 35 MMcfd. The expansion was completed ahead of schedule, said the company, and on its originally budgeted $13 million cost.
In addition, Martin Midstream reported progress on the NGL rail car loading also being built by Waskom Gas Processing to move NGL produced at Waskom to end users. This project is to be placed into service in late December.
Waskom Gas Processing is a Texas general partnership equally owned by CenterPoint Energy Gas Processing Inc. and Prism Gas Systems I LP. CenterPoint Energy is a wholly owned subsidiary of CenterPoint Energy Inc.; Prism Gas operates the Waskom Gas plant and is an indirect, wholly owned unit of Martin Midstream.
Martin Midstream has other previously announced projects to construct crude oil tanks and a marine terminal at the Port of Corpus Christi, Tex. That project is “progressing according to plan,” said its announcement, and will be able to accept trucked-in crude oil by yearend. The terminal will be fully functional by the end of first-quarter 2012.
And Martin Midstream is building a $23-million vacuum tower at its Cross Oil lubricant processing plant in Smackover, Ark. This project seeks to increase the plant’s efficiency by reducing how much non-lubricant residual oil it produces. This project is to go online in March 2012.