Pembina Pipeline Corporation Expands Gas Processing Facilities In Alberta, Canada
A leading transportation and midstream service provider that has been serving North America's energy industry for 60 years, Pembina Pipeline Corporation owns and operates pipelines that transport various hydrocarbon liquids including conventional and synthetic crude oil, heavy oil and oil sands products, condensate and natural gas liquids produced in western Canada.
"The areas surrounding Pembina's existing gas processing facilities at Musreau, part of our Cutbank Complex, continue to be a focus for our customers producing liquids-rich natural gas," said Stuart Taylor, Pembina's Senior Vice President, NGL and Natural Gas Facilities.
"Musreau III allows for additional processing and Pembina's customers benefit from our ability to provide an integrated service offering including pipeline transportation and fractionation services. Musreau III will leverage the engineering and design work for our Musreau I and Musreau II facilities and will use the same pipeline lateral to access our Peace Pipeline System. With the successful execution of our Musreau II facility nearing completion ahead of schedule and on budget, I am confident that Musreau III will bring another win for us as we will use our proven 'assembly line' approach to facility design and construction,” he added.
According to the firm, Musreau III, which is underpinned by long-term agreements with several area producers, involves the construction of a 100 MMcf/d shallow cut facility which will be built adjacent to Pembina's existing Musreau facility and its nearly complete Musreau II facility.
Pembina expects Musreau III to have liquids extraction capacity of approximately 3,000 barrels per day, subject to gas compositions. Similar to the Company's other gas processing facilities, the agreements for Musreau III are take-or-pay in nature and provide flow through of operating expenses. Subject to regulatory and environmental approval, Pembina anticipates bringing Musreau III on-stream in mid-2016.
"In total, once Musreau III is complete, the Cutbank Complex will have approximately 570 MMcf/d of shallow cut processing capacity, 205 MMcf/d of deep cut processing capacity and will produce roughly 25,000 bpd of liquids for transportation on our Conventional Pipelines," Taylor explained. "We are happy to be adding another long-term fee-for-service asset to our portfolio that will feed into our integrated businesses. Projects like this benefit both our customers and shareholders and allow us to continue producing sustainable returns."
What’s Driving Record Industrial Real Estate Demand
2020 Top States for Doing Business Showcase Their Pro-Business Environments
17th Annual Consultants Survey: Consultants Are Optimistic About the Year Ahead
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Regional Report: Southeast Ports Expand Capacity
Trends in Office and Industrial Parks