Targa Resources Corp. has commissioned a new plant as part of the operator’s ongoing strategy to further expand its Permian basin gathering and processing position amid increased demand from producers in the region.
Late in fourth-quarter 2023, Targa completed and entered into service its 275-MMcfd Wildcat II plant in the Permian’s Delaware basin on budget and ahead of schedule, the operator told investors on Feb. 15.
Targa also confirmed construction continues to progress on its previously announced Permian-based gas plants, including the 275-MMcfd Greenwood II plant in Midland basin, as well as on the 230-MMcfd Roadrunner II and 275-MMcfd Bull Moose plants in Delaware basin (OGJ Online, Feb. 23, 2023).
Scheduled for startup in second-quarter 2024, the Roadrunner II plant will be followed by commissioning of the Greenwood II and Bull Moose plants in fourth-quarter 2024 and second-quarter 2025, respectively.
The operator said construction also remains ongoing on the 120,000-b/d Train 9 and 120,000-b/d Train 10 fractionators in Mont Belvieu, Tex., and the 400,000-b/d Daytona NGL pipeline, which will transport NGLs from the Permian basin to the 30-in. OD Grand Prix segment of the common-carrier 550,000-b/d Grand Prix NGL pipeline system in North Texas for further delivery to the operator’s Mont Belvieu fractionation and storage complex (OGJ Online, Nov. 7, 2022).
The Train 9 fractionator remains on schedule for startup in second-quarter 2024, with commissioning of the Daytona NGL pipeline and Train 10 fractionator to follow in fourth-quarter 2024 and first-quarter 2025, respectively, the company said.
At Mont Belvieu, Targa said it also plans to reactivate operation of its jointly owned 135,0000-b/d Gulf Coast fractionator—which was idled in January 2021—during second-quarter 2024.