The acquired assets in the Fayetteville Shale, located in Northwest Arkansas, consist of approximately 127 miles of gathering pipelines with a capacity of approximately 510 million cubic feet per day (mmcf/d), treating capacity of approximately 165mmcf/d and approximately 35,000hp of compression.
These assets currently serve acreage and natural gas production currently under contracts with BHP Billiton Petroleum, BP America and ExxonMobil’s XTO subsidiary.
The Granite Wash assets, located in the Texas Panhandle, include a 28 mile natural gas and natural gas liquids pipeline system and a 36mmcf/d cryogenic processing plant serving dedicated acreage and natural gas production currently under contracts with Chesapeake Energy and Linn Energy.
Crestwood plans to install a second processing plant with approximately 60mmcf/d of additional capacity with plans to be in service by the end of 2011 to support expected growth in volumes from the emerging Granite Wash play.
