Castleton Commodities International announced that a subsidiary has acquired a gas processing facility in Kirtland, New Mexico (the “San Juan Plant”) and approximately 225 miles of gathering pipelines from a wholly owned subsidiary of Anadarko Petroleum Corporation.
The San Juan Plant has a capacity of 75 Mmcf/d and is able to process sour gas that is high in sulfur as well as recover natural gas liquids through its 20 Mmcf/d cryogenic processing unit.
Approximately 150 of its 225 miles of gathering pipelines connect into CCI’s existing Lisbon gas plant.
"We are pleased to add the San Juan Plant to our growing portfolio of energy assets and expand our footprint in the Four Corners area," said Brad Burmaster, Vice President of Midstream Operations. "The San Juan acquisition is a logical expansion of CCI’s existing upstream and midstream assets in Colorado, Utah and New Mexico."
Jones Day served as legal counsel to CCI in the transaction.