THE WOODLANDS, Texas, Nov. 20, 2014 /PRNewswire/ -- Navitas Midstream Partners, LLC announced today the execution of a long-term, fee-based agreement with an investment grade independent producer to provide gathering and processing services in the northern Eagle Ford Shale in Brazos and Grimes Counties, Texas. Navitas will construct the La Bahia system, which will consist of a 20-inch gathering line that will deliver gas from Brazos County to Navitas' natural gas processing plant to be located in Grimes County. When fully completed in mid-2015, the cryogenic processing plant will have a capacity of approximately 120 million cubic feet per day.
"Our La Bahia gathering and processing system will be state-of-the-art and will provide producers a much-needed alternative for midstream services in the area. The new La Bahia system will be located at the intersection of multiple producing horizons, including the Eagle Ford and Woodbine, among others," said R. Bruce Northcutt, President and Chief Executive Officer of Navitas. "We believe this transaction supports Navitas' long-term strategy of building an enduring, producer-focused midstream company."
About Navitas Midstream Partners, LLC
Based in The Woodlands, Texas, Navitas Midstream Partners is a producer-focused midstream company. The senior management team has more than 80 years of combined experience and has executed more than $10 billion of capital projects and $2 billion of acquisitions. Led by R. Bruce Northcutt, along with seasoned executives Bryan W. Neskora and James E. Wade, Navitas was formed with Warburg Pincus. For more information, visit http://www.navitas-midstream.com/.
SOURCE Navitas Midstream Partners