
(Source: Shutterstock.com)
Five Point Energy-backed Northwind Midstream announced the opening of its expanded gathering and processing system in the Delaware Basin on March 13. The G&P system includes 150 MMcf/d of amine treating capacity at the company’s plant in Lea County, New Mexico.
Northwind’s Titan Treating Complex in Lea County is designed to manage natural gas with high levels of carbon dioxide and hydrogen sulfide. Besides its amine treatment capacity, the complex includes two acid gas injection wells. Northwind has reached a final investment decision to expand treatment capacity at the plant to 400 MMcf/d by 2026.
The company has also increased compression levels on its pipeline network. Northwind gas-gathering system includes more than 200 miles of pipelines. According to a press release, the company installed four additional compressor stations on the network, with an aggregate capacity of up to 400 MMcf/d of natural gas.
“We believe that Lea County, New Mexico is one of the premier oil-producing regions in North America, and that reliable energy infrastructure is the key to unlocking its development potential,” David Capobianco, CEO of Five Point Energy, said in the press release. “Sustainably managing off-spec hydrocarbon production through treating and sequestration has and will continue to be paramount for the industry.”
Recommended Reading
Amplify Energy Cancels PRB, D-J Deal on ‘Extraordinary Volatility’
2025-04-25 - Amplify Energy terminated an acquisition of oil-weighted assets in the Powder River and Denver-Julesburg basins from Juniper Capital after Amplify’s stock fell 58% since the deal was announced.
‘Last Owner’ XMC Buys, Transforms Aging Oil and Gas Assets
2025-04-23 - XMC Strategies acquires and manages depleting oil and gas assets to transform them into sustainable energy sources.
US Shale Gas Investor Wincoram Acquired by Stone Ridge Energy
2025-04-22 - PureWest Energy investor Wincoram Asset Management was acquired by Stone Ridge Energy, the companies said April 22.
Crescent Energy Sells $83MM in Permian Assets to Reduce Debt
2025-04-22 - Crescent Energy has divested non-operated Permian Basin assets for $83 million as part of the company’s plans to sell $250 million of non-core divestures.
Infosys Acquires Tech, Business Firm MRE Consulting for $36MM
2025-04-18 - Infosys said its all-cash deal to buy MRE Consulting will add newer capabilities and risk management to its offerings.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.