Kingfisher Midstream LLC, a venture of Houston-based Asset Risk Management LLC (ARM Energy) subsidiary ARM Midstream and HPS Investment Partners LLC, New York, has commissioned a natural gas processing plant in Lincoln, Okla., as part of the Phase-1 development of its processing-and-gathering system for producers in Oklahoma’s STACK play.
Designed to help alleviate production bottlenecks in the region, the 60-MMcfd cryogenic gas processing plant entered full commercial operation in early July, ARM Energy said.
Alongside the Lincoln processing plant, Phase 1 of the system features the following:
• More than 100 miles of high and low-pressure gas gathering pipeline.
• More than 100 miles of crude gathering lines.
• 50,000 bbl of crude oil storage.
• Condensate stabilization.
• Six crude oil truck-loading stations.
• 15,000 hp of compression.
Still in the development stage, Phase 2 of the project will include an additional 200 MMcfd of gas processing capacity, incremental gas and crude-gathering capability, and expanded market connectivity.
Phase 1 of Kingfisher Midstream system’s design is configured to serve STACK producers in Oklahoma’s Kingfisher County, and via additional plant expansions, producers in Blaine, Logan, Garfield, and Canadian counties, according to a Sept. 8, 2015, release from ARM Energy.
Upon announcing the project, which is anchored by a long-term commitment of more than 100,000 net acres dedicated to Kingfisher Midstream, ARM Energy said it would make an initial capital investment of about $180 million.
The company has yet to disclose details regarding either costs or startup timeframes for future phases of the project.
Contact Robert Brelsford at firstname.lastname@example.org.