GlobalData: the US to lead North America’s gas processing capacity additions

GlobalData’s latest report, ‘Europe, North America and Former Soviet Union (FSU) Gas Processing Industry Installed CapEx Forecast’, reveals that the US is set to have a planned gas processing capacity of 3881 million ft³/d, and an announced gas processing capacity of 3340 million ft³/d by 2026.

Teja Pappoppula, Oil and Gas Analyst at GlobalData, comments: “Smithburg II-VI is the largest upcoming gas processing plant in the country with a capacity of 1000 million ft³/d. This announced dehydration-type gas processing plant is expected to start operations in 2025 with Sherwood Midstream LLC being the operator.”

In terms of gas processing capacity additions, Canada ranks second with a planned and announced gas processing capacity of 2860 million ft³/d by 2026. NGL North II is expected to witness the highest gas processing capacity during 2022 – 2026, with 1000 million ft³/d expected to be added by 2023. Wolf Midstream Inc is the operator of this proposed announced gas processing plant. It will help to decarbonise Canada’s oil sands industry by recovering higher carbons from natural gas liquids (NGLs) produced in Alberta, Canada.

Pappoppula adds: “Mexico accounts for minor capacity additions in the region with 313 million ft³/d by 2026. The planned Papan I and Papan II are the major upcoming gas processing plants in the country with a capacity of 150 million ft³/d each, and are slated to begin operations in 2022 and 2023 respectively. The plant has a crucial role to play by processing natural gas produced at the Ixachi field, which will be transported to demand centres in central and northern Mexico.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/28092022/globaldata-the-us-to-lead-north-americas-gas-processing-capacity-additions/