Prism Midstream to construct Permian liquids handling facility

Prism Midstream LLC will begin construction in June of the Bedrock Liquids Handling Facility in Crockett County, Texas. The facility will handle both on-spec and off-spec natural gas liquids (NGLs) and off-spec condensate and is scheduled to be in operation by the end of the first quarter of 2016.

The Bedrock facility will have an initial capacity of 5,500 barrels per day and be expandable to 11,000 barrels per day of off-spec product. The facility will provide a reliable outlet for both on and off-spec NGLs and for off-spec condensate. The Bedrock Liquids Handling Facility will be equipped with five truck racks, expandable to 12. The facility will treat all normal off-spec issues (color, corrosion, carbon dioxide, and methane) and deliver NGLs that meet pipeline specifications or condensate that has a Reid vapor pressure of 9 pounds per square inch and sulfur content of less than 10 parts per million.

“With the increase in crude production and the associated condensate and NGLs in the Permian, a liquids facility that will receive and handle on-spec and off-spec liquids will be critical to both producers and midstream companies,” said Doug Coleman, Prism’s vice president of new ventures. “This facility will unload your truck and handle on-spec or off-spec NGLs and condensate, leaving your truck available to pick up the next load with no unexpected mileage or unscheduled delays.”

Prism has executed definitive agreements with Enbridge Liquids Transportation & Marketing LP (ELTM) for firm capacity at the Bedrock facility and is negotiating additional commitments. ELTM purchases on-spec and off-spec NGLs and condensate in the Permian and has a fleet of trucks and trailers to reliably transport Permian NGLs and condensate to the Bedrock facility.

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