The initial phase of the project will provide interim and long-term processing solutions, compression and residue gas takeaway for Apache’s Deadwood development in Glasscock County, Texas.
Crosstex and Apache will fund the processing project equally and each hold a 50% working interest.
Initially, the companies will install a refrigeration plant with a capacity of 20 million cubic feet (mmcf) per day as an interim gas processing solution, compression and takeaway, all of which are expected to begin operations by the fourth quarter of 2011.
A cryogenic gas processing facility with a capacity of 50mmcf per day is expected to be operational in the second quarter of 2012.
Crosstex will manage construction of the facilities and operate them.
