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MUR:  54.43   [Down -0.44 3:01 PM]    July 29, 2010  Volume: 1906798   Low: 53.87   High: 55.85    

Enterprise Completes Trinity River Lateral NatGas Line
7/28 11:38 AM
Enterprise Completes Trinity River Lateral NatGas Line OAKHURST, N.J. (DTN) --- Enterprise Products Partners L.P. said in a news release today that construction of the southernmost segment of its Trinity River Lateral pipeline, consisting of 31 miles of 30-inch diameter pipe, is complete and available to accept shipments of natural gas. The northern portion of the pipeline, which is comprised of approximately nine miles of 36-inch diameter and a four-mile, 20-inch lateral, was placed into service in September 2009. The line has been providing transportation services for natural gas produced from the Newark East Field in Wise County, Texas. In total, the Trinity River Lateral pipeline extends from the Trinity River Basin north of Arlington, Texas, to an interconnect with the partnership's 173-mile Sherman Extension pipeline near Justin, Texas, and will provide producers in Tarrant and Denton counties with up to 1 billion cubic feet per day of takeaway capacity. "By supporting this initiative with long-term contracts, producers in the Barnett Shale have clearly indicated that midstream infrastructure continues to be a high priority, and we are pleased to provide them with another option for maximizing the value of their natural gas production," said A.J. "Jim" Teague, Enterprise executive vice president and chief commercial officer. Low finding costs, developed infrastructure and a low basis differential all point to continued brisk activity in the Barnett Shale. Current production out of this region is approximately 5 Bcf/d. "The Trinity River Lateral project is another example of Enterprise utilizing our integrated network of energy assets to broaden the partnership's footprint in key producing areas. It provides the foundation to expand our network more effectively and efficiently in order to capitalize on additional growth opportunities," said Teague. (c) 2010 Telvent DTN. All rights reserved.
 
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