Southern Delaware Infrastructure: Midstream Sector …...September 2, 2015 Hart Energy Midstream...
Transcript of Southern Delaware Infrastructure: Midstream Sector …...September 2, 2015 Hart Energy Midstream...
September 2, 2015
Hart Energy Midstream Texas Conference
October 26, 2015
Gary E. ConwayPrincipal, President & CEO
Southern Delaware Infrastructure:Midstream Sector Responds to Drilling
Upstream Investment in the Southern Delaware
842 Horizontal Wells as of January 2010
2,391 Horizontal Wells as of September 2015
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2010 Midstream Infrastructure - Southern Delaware
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Delaware Basin Oil and Gas Infrastructure 2010
2015 Midstream Response to Upstream Investment
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Delaware Basin Oil and Gas Infrastructure 2015
Waha Market Demand 7-9 BCFD
Presidio1.4 BCFD
San Elizario2.0 BCFD
Katy - LNG>0.5 BCFD
Metroplex0.5 BCFD
Midwest1 BCFD
Existing Demand
New Demand
Gulf Coast1.5 BCFD
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Source: El Financiero
Waha to San Elizario: 2.0 BCFD
Waha to Presidio: 1.4 BCFD
Waha Market Demand – Mexico is BIG Player
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Vaquero’s Answer to the Southern Delaware Basin Infrastructure Constraints
Currently under construction on a large gathering and processing system for rich gas in the Southern Delaware Basin with a new 200 MMSCFD Cryogenic plant, Amine Treating, Compression, Dehydration and Stabilization
Vaquero offers a high-quality, new-build system to provide higher plant recoveries, minimal downtime and lower fuel usage
System In Service Date: May 2016
• 100 Miles of 30” and 24” high pressure (700 – 1200 psig) trunk line with initial CDP pressures at approximately 750 psig traversing key rich gas regions of the basin
• Tailored UOP Russell (Thomas Russell) 200 MMCFD plant designed specifically for the new gas production seen in the Southern Delaware Basin
• Residue gas pipeline to the Waha market will connect producers TO AT LEAST 12 RESIDUE PIPELINES AND MARKETS
• Access to the Mexican gas market in late 2016 and 2017
• NGL pipelines connecting to the Mont Belvieu market
Expandable up to 4 total cryogenic trains (800 MMSCFD processing capacity)
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Vaquero Midstream Active Buildout
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Gathering Pipeline Capacity of 800 MMSCFD without powering up
Processing Capacity Initially at 200 MMSCFD expandable to 800 MMSCFD
NGLs
Price Points UP
Vaquero Asset Solution
Vaquero Advantage NEW quality built
asset Put out the flares 800 MMSCFD
Capacity of Gathering at 750 psig – 1250 psig
Scalable Cryogenic Facility
BEST Market access Flow Assurance
NEED for Quality Performing Midstream
Infrastructure
GREATER Upstream
Investment
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Vaquero in the Delaware Basin: Caymus Processing Facility
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Vaquero in the Delaware Basin: Caymus Processing Facility
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Vaquero Midstream has assembled a team of strong industry professionals who have dedicated their
careers to bringing products to market safely, efficiently and cost effectively. The members of the Vaquero
team have served in both internal producer roles and external service provider roles, making us uniquely
specialized to best serve our producer partners.
Safety
Work Ethic
Fair Treatment
Reputation
Service
Loyalty
Respect
Commitment
DevelopingWilling Partnerships
Vaquero Culture
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Gary E. Conway CEO/Principal [email protected] (972) 816-1475
William W. Davis Principal [email protected] (214) 478-3819
Bryant H. Patton Principal [email protected] (214) 686-0630
Brian W. Best
Brian D. Hiett
Brett M. Taylor
Justin C. Bennett
EVP of Business Development
Sr. Director of Business Development
Director of Gas Supply
Director of Business Development
(214) 502-8713
(214) 213-6855
(972) 215-6409
(979) 777-6319
Vaquero Contacts
HOUSTON OFFICE1790 Hughes Landing Blvd.Suite 475The Woodlands, Texas(281) 501-5699
DALLAS OFFICE2602 McKinney AvenueSuite 315Dallas, Texas(214) 855-5546
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PERMIAN OFFICE125 East 42nd StreetMonahans, Texas