Friday, January 28, 2011

ExxonMobil expands gas-processing capacity in Piceance Basin - Houston Business Journal:

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The new facilities are big enough to handlwe up to 200 million cubic feet per day of naturaogas — twice ’s current productionb level in the area. The completeed project includes a gathering systekm to get natural gas from the well to theprocessinyg plant, new processing facilities, pipelines and locationzs to dispose of water associated with naturalo gas production and a truck-loading the company said. It said it has seveh drilling rigs at work on new wells to increase its production inthe area. ExxonMobil Production Co. is a unit of Irving, Texas, energty giant ExxonMobil Corp. (NYSE: XOM).
It’s been workinbg in the Piceance Basin for nearly 50 year s and owns leases in the area that hold up to 45 trilliom cubic feetof gas. “A projecty such as Piceance representsa long-term view of and commitmen t to energy development,” Rich Kruger, presidenty of ExxonMobil Production Co., said in a statement. “The key to unlockingt the potential of this technically challenging resource is increasing productioj and recovery rates from each well atlower cost. ExxonMobikl scientists and engineers are working hard to improve the enablingt technologies and processes to dojust Houston-based Enterprise Products Partners L.P.
(NYSE: EPD) constructed new plant and pipeline facilities at thePiceancd project. ExxonMobil said the project includedf a system that collects and reuses waterd that comes from natural gas reducing fresh water use by about80 percent. The companuy also said it conductsextensivw plant, wildlife and archaeological surveys to managee the environmental aspects of its Piceance Basijn operations. The company also participated in studies with local educational institution s and government agencies to maximize protectioj of native wildlife habitats and plant species in the projec tdevelopment area.

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