DCP Midstream to build Eagle Ford cryogenic plant

DCP Midstream LLC and DCP Midstream Partners LP plan to build a cryogenic plant to provide natural gas processing services for producers in the liquids-rich Eagle Ford shale of South Texas.

The new Goliad plant will be constructed by the previously announced DCP Eagle Ford joint venture, which is owned two-thirds by DCP Midstream and one-third by DCP Midstream Partners.

The Goliad plant, expected to be completed by first-quarter 2014, is designed to have gas processing capacity of 200 MMcfd.

The DCP enterprise said Goliad will be its seventh plant in South Texas.