EnLink Midstream’s Delaware and Stack focus
EnLink Midstream Partners (ENLK) is focusing on expansion in the Delaware and Stack region based on its sponsor, Devon Energy’s (DVN), spending in the region. In the Delaware area, the partnership will expand its existing Lobo system a the joint venture, which we discussed in the previous part of this series.
This expansion would include the “installation of a cryogenic natural gas processing facility with capacity up to 120 million cubic feet per day and associated natural gas and liquids gathering pipeline infrastructure.”
Chisholm II natural gas gathering and processing
EnLink Midstream has decided to accelerate the construction of its Chisholm II natural gas gathering and processing plant in Central Oklahoma, driven by increased drilling activity by Devon Energy and other major producers in the Stack Play. Devon Energy expects to spend $450 million in the Stack region in 2016.