Thursday, May 1, 2008

Crosstex Building Natural Gas Plant in North Texas

Dallas pipeline company Crosstex Energy LP said Monday it will build an $80 million natural gas processing facility in North Texas.

The plant will be near Crosstex’s existing facilities in Hood County, and the company plans to begin operating the new plant in the third quarter next year.

The plant will have a capacity of 200 million cubic feet per day, boosting the company’s total capacity in the Barnett Shale natural gas field to 485 million cubic feet per day.

Natural gas must be processed when it comes out of the ground to clean it or to separate various gases to be sold separately.

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