Sago Energy acquires Jameson gas plant and gathering system

By OGJ editors

HOUSTON, Apr. 7 -- Sago Energy LLC, Sugar Land, Tex., acquired the Jameson gas plant and gathering system in Coke County, Tex., from Devon Energy Corp., Oklahoma City.

The Jameson plant's associated natural gas gathering system involves 2,300 miles of pipeline spanning 14 counties on the eastern shelf of the Permian basin. The plant, having a 50 MMcfd capacity, fractionates product for propane, butane, and natural gasoline markets, and also markets natural gas liquids.

"Acquisition of the Jameson facilities will facilitate expansion of our midstream gas gathering business in Texas," said Ken Purgason, Sago Energy president and CEO. He added that Sago plans to acquire additional reserves for the system and also other midstream assets.