Plains All American spending $190M on Eagle Ford and Gulf Coast projects

Plains All American Pipeline LP (NYSE: PAA) is spending about $190 million on projects in the Eagle Ford and along the Gulf Coast.

Plains All American Pipeline LP (NYSE: PAA) said Monday it is spending about $190 million on projects in the Eagle Ford and along the Gulf Coast.

Plains All American?s expansion of its Gardendale Gathering system includes constructing four crude oil gathering pipelines that total about 90 miles in length. The lines should provide about 115,000 barrels per day of incremental gathering capacity and will connect at the Gardendale terminal in south Texas, enabling shippers to deliver to Three Rivers, Corpus Christi or Houston-area refiners.

Plains All American expects to place the expansion pipelines into service between the fall of 2012 and the second quarter of 2013.

Additionally, Plains All American will construct an 80,000 barrel-per-day Eagle Ford condensate stabilization facility adjacent to the Gardendale terminal. The first 40,000 barrel-per-day phase is expected to be in service in early October, and the second is expected to come into service near the end of the year.

Plains All American?s new 40-mile Gulf Coast pipeline will originate in Mobile County, Ala., and is expected to be in service in the fourth quarter of next year.

Plains All American, a Houston-based oil and gas transportation and storage provider, on Monday also said it is nearing completion for new crude oil pipelines in the Permian Basin.

Olivia Pulsinelli is the web producer for the Houston Business Journal's award-winning website.

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