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Boardwalk Pipeline Partners, L.P. has selected Exterran (NYSE: EXH) to design, manufacture and construct a natural gas processing plant in South Texas.
The project includes engineering, procurement and construction of a cryogenic gas processing plant with a capacity of 150 million standard cubic feet of natural gas per day produced from the Eagle Ford shale.
“Exterran was selected because of our ability to provide a single source for product integration, project management and efficient delivery, installation and startup,” said Exterran President and CEO Brad Childers. “Our capacity to quickly deliver high-quality compression, processing and treating and production equipment is helping our customers meet the strong demand for natural gas liquids production in the region.”
It is expected that the equipment designed, fabricated and installed by Exterran will be capable of achieving up to 93 percent ethane extraction.
Exterran and its predecessor companies have approximately four decades of experience in the design, engineering, fabrication, installation and safe maintenance of gas processing facilities and have completed more than 300 of these facilities worldwide.
All statements in this release (and oral statements made regarding the subjects of this release), other than historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to expectations related to the project, including its capabilities. These statements are based upon current expectations and are subject to a number of risks, uncertainties and assumptions, which are more fully described in Exterran's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. These risks, uncertainties and assumptions could cause actual results to differ materially from those described in the forward-looking statements. Exterran assumes no obligation and expressly disclaims any duty to update the information contained herein except as required by law.