US based Eagle Rock Energy has commenced commercial operations of the Phoenix gas processing plant in the Texas Panhandle.
The company has also completed acquisition of certain natural gas gathering systems and related facilities located primarily in Wheeler and Hemphill counties in Texas for approximately $27m.
The assets include over 200 miles of gathering pipeline and related compression and dehydration facilities, together with gas gathering contracts, rights of way and other intangible assets.
The acquired assets are highly complementary to Eagle Rock’s existing East Panhandle system.
Eagle Rock claims that in combination with the start-up of the Phoenix processing plant, the acquired assets enhance its ability to offer highly-efficient processing services to producers in the core of the prolific Granite Wash play.