Enterprise’s natural gas processing plants reported fee-based processing volumes of 4.7 billion cubic feet per day (“Bcfd”) in the third quarter of 2013 compared to 4.5 Bcfd in the third quarter of 2012. Enterprise’s equity NGL production was 120 thousand barrels per day (“MBPD”) for the third quarter of 2013 compared to 99 MBPD for the third quarter of 2012. Fee-based natural gas processing volumes and equity NGL production from the partnership’s processing plants in South Texas increased by 0.5 Bcfd and 26 MBPD, respectively, in the third quarter of 2013 compared to the third quarter of last year.The increases in South Texas volumes were primarily due to production growth from the Eagle Ford shale and the start-up of the natural gas processing plants at our Yoakum facility. The first and second plants at Yoakum began commercial operations in May 2012 and August 2012, respectively, while the third plant began operations in March 2013. The increase in fee-based processing volumes and equity NGL production from the South Texas plants more than offset an aggregate 0.2 Bcfd and 6 MBPD decrease in fee-based processing volumes and equity NGL production, respectively, from Enterprise’s natural gas processing plants in the Rocky Mountains due to lower production and reduced recoveries of ethane.
Enterprise Reports Results For The Third Quarter Of 2013
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