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Atlas Energy, L.P Message Board

  • oscoutspa oscoutspa Oct 4, 2012 11:19 AM Flag

    West OK System Online (APL)

    PHILADELPHIA, Oct. 3, 2012 /PRNewswire/ — Atlas Pipeline Partners, L.P. (NYSE: APL) (“APL”, “Atlas Pipeline”, or the “Partnership”) announced today that a new, 200 mmcfd, cryogenic processing plant on the Partnership’s WestOK gathering and processing system in northwest Oklahoma and southern Kansas, was transferred to operations on September 22, 2012. The new facility, referred to as the Waynoka II plant, is online and already operating at approximately 130 mmcfd. This expansion brings the total nameplate processing capacity at the Waynoka location to 400 mmcfd, and total nameplate processing capacity on the entire WestOK system increases from 258 mmcfd to 458 mmcfd, a 78% increase in nameplate processing capacity.

    The WestOK system is currently gathering over 410 mmcfd, including significant volumes from the Partnership’s producer customers operating in the Mississippi Lime formation. Both the Waynoka I and Waynoka II plants will be processing below full capacity and certain volumes will continue to bypass the Partnership’s processing facilities in order to adhere to the Partnership’s current natural gas liquids (“NGL”) allocation limit on the WestOK system. The Partnership has contracted for additional NGL takeaway, which is expected to be available in the first half of 2013 as additional NGL pipeline construction is completed.

    “We are excited to have completed this expansion at WestOK, which along with our recent expansion at Velma, has increased our overall processing capacity by 260 mmcfd, or 73% on these two systems. We will be very pleased with the incremental margin that the company will realize as volumes continue to increase and, for Waynoka II, when new NGL takeaway becomes available in the first half of 2013. Additionally, we are fully underway in the expansion of our other system, WestTX, and expect to have the Driver plant online in the first half of 2013 as well,” stated Eugene Dubay, Chief Executive Officer of the Partnership

 
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