Anadarko partnership buying Fort Lupton gas plant
HOUSTON — Western Gas Partners LP (NYSE: WES) is purchasing a natural
gas processing plant adjacent to its Fort Lupton plant from Encana Oil
& Gas (USA) Inc. Western Gas has agreed to pay Encana $303.3 million
for the plant, which has a current capacity of 84 million cubic feet
per day and is being expanded to 100 MMcf/d.
Under the acquisition agreement, Western Gas will also purchase
approximately 1,054 miles of pipeline, 18 compressors with a total of
14,306 horsepower, and other related assets in the Denver-Julesberg
Basin in northeastern Colorado.
“We are pleased…
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