natural gas liquids

ONEOK Partners Completes Acquisition of Natural Gas Liquids Assets

ONEOK Partners completed the acquisition of natural gas liquids (NGL) pipelines and related assets from affiliates of Chevron for approximately $800 million. ONEOK Partners now owns an 80 percent interest in the West Texas LPG Pipeline Limited Partnership (West Texas LPG) and 100 percent interest in the Mesquite Pipeline (Mesquite), which collectively consists of approximately 2,600 miles of NGL gathering pipelines extending from the Permian Basin in southeastern New Mexico to East Texas and Mont Belvieu, Texas.

Entergy Louisiana to Power PennTex Facility in Louisiana

Entergy Louisiana signed a 10-year commercial and contractual agreement with PennTex North Louisiana to supply up to 25 MW of electric power to PennTex's Lincoln Parish plant near Arcadia, La., beginning in March 2015. In March 2014, PennTex announced plans to construct a natural gas processing plant at a new site in Lincoln Parish, which is expected to be completed and operational by March 2015.