Profile: Western Gas Partners LP (WES.N)
30 Nov 2016
Western Gas Partners, LP, incorporated on August 21, 2007, is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil for Anadarko Petroleum Corporation (Anadarko), as well as third-party producers and customers. The Company operates in the segment of gathering, processing, compressing, treating and transporting Anadarko and third-party natural gas, condensate, NGLs and crude oil in the United States. Its operations and activities are managed by its general partner, which is indirectly controlled by Anadarko through Western Gas Equity Partners, LP (WGP).
Anadarko is an independent oil and gas exploration and production company. Anadarko's upstream oil and gas business explores for and produces natural gas, crude oil, condensate and NGLs. Its assets and investments are located in the Rocky Mountains (Colorado, Utah and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas. The Company and other midstream natural gas companies provides services, which are classified into the categories, such as gathering, stabilization, compression, treating and dehydration, processing, fractionation and storage, transportation and marketing.
GATHERING, PROCESSING AND TREATING
The Company's Bison treating facility treats and compresses gas from coal-bed methane wells in the Powder River Basin of Wyoming. The Fort Union Gas Gathering, LLC (Fort Union) system delivers coal-bed methane gas to the hub in Glenrock, Wyoming. Its pipelines serve gas markets in the Rocky Mountains and Midwest regions of the United States. The Hilight gathering system serves the gas gathering needs of various conventional producing fields in Johnson, Campbell, Natrona and Converse Counties, Wyoming. The Hilight plant delivers residue into its MIGC, LLC (MIGC) transmission line. The Newcastle gathering system and plant service gas production from the Clareton and Finn-Shurley fields in Weston County, Wyoming. Propane products from the Newcastle plant are sold locally by truck, and the butane/gasoline mix products are transported to the Hilight plant for further fractionation. Residue from the Newcastle system is delivered into Black Hills Corporation's MGTC, Inc. (MGTC) intrastate pipeline, a Hinshaw pipeline that supplies local markets in Wyoming, for transport, distribution and sale.
The Company's Granger complex is supplied by the Moxa Arch, and the Jonah and Pinedale Anticline fields. The Red Desert complex gathers, compresses, treats and processes natural gas, and fractionates NGLs produced in the eastern portion of the Greater Green River Basin, providing service to the Red Desert and Washakie Basins. The Rendezvous gathering system provides gathering service for gas from the Jonah and Pinedale Anticline fields and delivers to its Granger plant, as well as Tesoro Logistics LP's (Tesoro's) Blacks Fork gas processing plant, which connects to the Questar pipeline, Northwest Pipeline (NWPL) and the Kern River pipeline through the Rendezvous pipeline. Its DJ Basin complex is supplied by the Wattenberg field, in which Anadarko controls approximately 866,000 gross acres and drilled over 360 wells, and completed approximately 280 wells. The DJ Basin complex is connected to CIG and Xcel Energy's residue pipelines for natural gas residue takeaway and to the Overland Pass Pipeline Company LLC's pipeline and Front Range Pipeline LLC's (FRP's) pipeline for NGL takeaway.
The Company's Chipeta's inlet is connected to Anadarko's Natural Buttes gathering system, the Questar pipeline and the Three Rivers Gathering, LLC's system. The Chipeta plant delivers NGLs to Mid-America Pipeline Company pipeline (MAPL), which provides transportation through Enterprise's Seminole pipeline (Seminole pipeline) and Texas Express Pipeline LLC's (TEP's) pipeline in West Texas and to the NGL fractionation and storage facilities in Mont Belvieu, Texas. The Chipeta plant has natural gas delivery points through the pipelines delivering to markets throughout the Rockies and Western United States. The Clawson Springs field covers approximately 7,600 gross acres and produces from the Ferron Coal play. The Clawson gathering system delivers into the Questar pipeline. The Questar pipeline provides transportation to regional markets in Wyoming, Colorado and Utah and also delivers into the Kern River pipeline, which provides transportation to markets in the Western United States, primarily California.
The Company's Helper and the Cardinal Draw fields are Anadarko-operated coal-bed methane developments on the southwestern edge of the Uinta Basin that produce from the Ferron Coal play. Anadarko owns over 19,000 gross acres in the Helper field and approximately 20,000 gross acres in the Cardinal Draw field. The Helper gathering system delivers into the Questar pipeline. The Questar pipeline provides transportation to regional markets in Wyoming, Colorado and Utah and also delivers into the Kern River pipeline, which provides transportation to markets in the Western United States, primarily California. Its Hugoton gathering system is connected to the Satanta plant, which is owned by Anadarko and a third-party. The Satanta plant processes NGLs and helium, and delivers residue into the Kansas Gas Service's pipeline and Southern Star Central Gas Pipeline, Inc.'s pipeline. The system is also connected to DCP Midstream, LP's (DCP's) National Helium Plant, which extracts NGLs and delivers residue into Energy Transfer Partners, LP's (ETP) Panhandle Eastern Pipe Line.
Anadarko has a working interest in over 625,000 gross acres within the Marcellus shale. In addition to Anadarko, the Non-Operated Marcellus Interest gathering systems has over seven priority shippers on its Rome gathering system and over six priority shippers on its Liberty gathering system. In addition to Anadarko, the Anadarko-Operated Marcellus Interest gathering systems has approximately six priority shippers. The Company's Brasada gathering facility delivers residue gas into the Eagle Ford Midstream system operated by NET Midstream, LLC. It delivers condensate into Plains All American Pipeline and NGLs into the South Texas NGL Pipeline System operated by Enterprise. The Company's Haley gathering system provides both lean and rich gas gathering service. The lean service delivery point is into Enterprise GC, LLC's pipeline for ultimate delivery into ETP's Oasis pipeline (the Oasis pipeline). The rich service system delivery point is into a high-pressure gathering line (the Avalon Express pipeline). The Avalon Express pipeline can deliver gas into either the Bone Spring Gas Processing plant (the Bone Spring plant) or the Mi Vida Gas Processing plant (the Mi Vida plant) for NGL extraction. Downstream pipelines at the plant tailgates include the Oasis and Transwestern pipelines at the Bone Spring plant and the Oasis pipeline at the Mi Vida plant. These downstream pipelines provide transportation to both the Waha Hub and Houston Ship Channel markets.
The Company's DBM complex includes approximately 300 million cubic feet per day (MMcf/d) of cryogenic processing capacity, over 1,770 gallons per minute (gpm) of amine treating capacity and approximately 320-mile rich gas gathering system. Supply of gas and NGLs for the complex comes from production from the Delaware Sands, Avalon Shale, Bone Spring and Wolfcamp formations in the Delaware Basin portion of the Permian Basin. Anadarko holds an interest in over 600,000 gross acres within the Delaware Basin. Its DBJV gathering and treating facility consists of approximately 460 miles of low pressure and high-pressure gas gathering located in Loving, Ward, Winkler and Reeves Counties, Texas. The system gathers lean Penn gas, as well as liquids-rich Bone Spring, Avalon and Wolfcamp gas.
The Company's MIGC receives gas from various coal-bed methane gathering systems in the Powder River Basin and the Hilight system, as well as from WBI Energy Transmission, Inc. on the north end of the transportation system. Supply points to the Overland Trail Transmission, LLC (OTTCO) transportation system include approximately 50 wellheads, the Granger complex and ExxonMobil Corporation's Shute Creek plant, which are supplied by the eastern portion of the Greater Green River Basin, the Moxa Arch and the Jonah and Pinedale Anticline fields. Primary delivery points include the Red Desert complex and over two third-party industrial facilities. The GNB NGL pipeline receives NGLs from Chipeta's gas processing facility and Tesoro's Stagecoach/Iron Horse gas processing complex. The GNB NGL pipeline delivers NGLs to MAPL, which provides transportation through the Seminole pipeline and TEP in West Texas, and ultimately to NGL fractionation and storage facilities in Mont Belvieu, Texas. The White Cliffs pipeline has various shippers, including Anadarko. In addition, other parties may ship on the White Cliffs pipeline.
The Company's White Cliffs dual pipeline system provides approximately 150 tthousand barrels per day (MBbls/d) of crude takeaway capacity from Platteville, Colorado to Cushing, Oklahoma. The White Cliffs pipeline is supplied by production from the DJ Basin. FRP provides takeaway capacity from the DJ Basin in Northeast Colorado. TEG consists of over two NGL gathering systems that provide plants in North Texas, the Texas panhandle and West Oklahoma with access to NGL takeaway capacity on TEP. TEP delivers to NGL fractionation and storage facilities in Mont Belvieu, Texas. At Skellytown, Texas, TEP is supplied with NGLs from other pipelines, including FRP and MAPL. The Ramsey Residue Line transports residue gas from the DBM complex to interstate markets.
The Company competes with ETP, National Fuel Gas Midstream Corporation, Thunder Creek Gas Services, LLC, Fort Union, Enterprise Products Operating LLC, Targa Resources, LP, Kinder Morgan, Inc., Plains All American Pipeline, Howard Energy Partners, Tesoro, Outrigger Midstream, Enterprise GC, LP, Enlink Midstream, LP, MPLX LP, Targa Midstream, LP, DCP, AKA Energy Group, LLC, MIGC, TransCanada Corporation, Williams Field Services, Jonah Gas Gathering Company, Targa Midstream Services, LP, XTO Energy, ONEOK Gas Gathering Company, Crestwood-Access, Tallgrass Energy Partners, LP, Agave Energy Company, Linn Energy, Phillips 66, Lone Star NGL LLC, ONEOK Partners, LP, Sand Hills pipeline, West Texas LPG Pipeline LP and Overland Pass Pipeline Company LLC.
Western Gas Partners LP
1201 Lake Robbins Dr
THE WOODLANDS TX 77380-1181