EagleClaw Midstream Announces Final Investment Decision on Delaware Link Pipeline

EagleClaw Midstream, a portfolio company of Blackstone Energy Partners and I Squared Capital, announced that it has made a final investment decision to proceed with construction of the Delaware Link pipeline.

Delaware Link pipeline is designed to transport residue natural gas from the Delaware Basin to the Waha hub, with access to further downstream takeaway connections. The approximately 40 mile, 30 in. diameter pipeline will originate at EagleClaw’s three existing natural gas processing complexes in Reeves County, Texas and will have transportation capacity of at least 1.2 billion cubic feet per day.

EagleClaw is also evaluating increasing the pipeline’s diameter and related transportation capacity. Delaware Link is intended to provide E&Ps in the Delaware Basin further flow assurance and improved price realization by providing a direct, cost-advantaged path to Waha and multiple interconnections at Waha to various takeaway pipelines.

These interconnections include direct access to the Permian Highway Pipeline, an approximately 2.1 billion cubic feet per day pipeline designed to transport gas from Waha to the US Gulf Coast and other premium priced markets.

Source:
worldpipelines