LM Energy has entered into agreements with multiple customers to support expanding its gas gathering systems in the Delaware Basin. (Source: Shutterstock)
LM Energy Holdings LLC announced May 13 that the company has entered into agreements with multiple customers to support expanding its gas gathering systems in Eddy and Lea counties, New Mexico.
The project will include multiple new compressor stations and about 70 miles of large-diameter, low-and-high-pressure gas pipelines, including a 27-mile, 20-inch pipeline connecting the company’s existing Touchdown gas gathering system to multiple gas processing facilities near Loving, New Mexico.
The project will increase the system’s natural gas capacity to 500 MMcf/d with a total of 10 compressor stations and 150 miles of gas gathering pipelines. The network additions will enter service by the second quarter of 2025.
“The successful commercialization of these growth projects with multiple blue-chip customers is a testament to the strategic positioning of our assets and our relentless focus on customer service,” said LM CEO Elliot Gerson in a press release.
Recommended Reading
Exxon Mobil to Cut Almost 400 Jobs in Wake of Pioneer Acquisition
2024-11-14 - A regulatory filing shows more than 90% of layoffs are at Pioneer’s former headquarters in Irving, Texas with the rest being workers in Midland.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
2024-11-01 - Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.
Amber CEO Goff Resigns from Exxon Mobil Board
2024-10-22 - The CEO of Amber Energy Inc., the winning bidder of Citgo Petroleum for an auction price of $7.3 billion, resigned from Exxon Mobil Corp.’s board of directors last week.
Woodside Reports Record Q3 Production, Narrows Guidance for 2024
2024-10-17 - Australia’s Woodside Energy reported record production of 577,000 boe/d in the third quarter of 2024, an 18% increase due to the start of the Sangomar project offshore Senegal. The Aussie company has narrowed its production guidance for 2024 as a result.
Mexico Pacific Working with Financial Advisers to Secure Saguaro LNG I FID
2024-10-23 - Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor phase of Saguaro Energía LNG.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.