Energy Transfer Partners L.P. has entered into new multiple long-term, fee-based agreements with producers to provide natural gas gathering, processing and liquids services from the Eagle Ford Shale in South Texas.
To facilitate the agreements, ETP will further expand the previously announced Rich Eagle Ford Mainline (REM) pipeline and will construct another new cryogenic processing facility.
Upon full completion, REM will consist of approximately 257 miles of 30-inch and 42-inch pipe with a capacity in excess of 1 Bcf/d. The initial phase of the REM pipeline, consisting of approximately 160 miles of 30-inch pipe, was placed in service in October 2011. The first expansion, 60-miles of 42-inch pipe, is scheduled for completion in the fourth quarter of 2012 and the second expansion, 37 miles of 30-inch pipe, is scheduled to be completed by the fourth quarter of 2013.