Houston’s Pinnacle Midstream II LLC announced July 11 it will expand its Dos Picos System and Processing Complex in the Midland Basin with the construction of an additional natural gas processing plant.
Dos Picos’ Train II, targeted for commercial operation during fourth-quarter 2024, will add 220 MMcf/d of processing capacity, bringing the company’s total operated processing capacity to more than 400 MMcf/d.
Pinnacle will also expand its gathering and compression facilities throughout Midland, Martin and Glasscock counties, Texas, to accommodate expected and future volumes, the company said.
The company’s infrastructure is anchored by long-term acreage dedications with highly active private and public Permian operators. Pinnacle, backed by Energy Spectrum Capital, said it designed and operates the Dos Picos infrastructure with a focus on air quality preservation and safety, and to enable efficient expansions that support high intensity pad development and increasing gas/oil ratio throughout Midland.
The Train II facility will be collocated in Midland County and will complement Pinnacle’s existing processing facilities and high-pressure, large diameter gathering and compression infrastructure, which began operations during first-quarter 2021.
Pinnacle’s expansion will serve its growing base of Midland Basin producers, said J. Greg Sargent, Pinnacle’s founder and CEO.
“Expanding the Dos Picos capacity by 220 MMcf/d ensures we can provide the best service to our current and future customers, maximize their recoveries and help limit flaring across the basin,” he said.
Pinnacle also provides multiple bi-directional and high-pressure third-party interconnects with peer companies within the region, allowing the company to maximize flow assurances for its producers and third-party midstream customers.
“The expanded processing capacity will continue to provide top of class operational efficiencies, continued access to the most competitive downstream markets and maximize netbacks for Pinnacle’s customers,” the company said in a press release.
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