Starting with Gathering and Processing, in 2012, we expect a total Gathering and Processing throughput to increase 25% to 30% over year-end 2011, primarily driven by growth in the Eagle Ford Shale and the Permian Bone Springs regions. In West Texas, it produces our targeting the liquids-rich plays and we have seen rig counts increase 35% from the fourth quarter of 2010 to the fourth quarter of 2011.We recently announced the Ranch Joint Venture for which Regency will construct and operate a new "100 million cubic feet a day cryogenic processing" facility and a new refrigeration plant in the Bone Spring and Avalon Shale formations. Our 2 partners are subsidiaries of Chesapeake and Anadarko. The refrigeration plant is expected to go into service in the second quarter of 2012 and the cryogenic processing plant is expected to go into service by the end of 2012.
Regency Energy Partners LP's CEO Discusses Q4 2011 Results - Earnings Call Transcript
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