Targa latest US Permian Basin operator to plot new gas processing capacity
Midstream operators in the Permian Basin are racing to add natural gas processing capacity to accommodate booming production in the Texas shale patch, with Targa Resources the latest company to announce plans for a new facility. Targa plans to add a new 275 MMcf/d gas processing plant in the Midland Basin portion of the Permian by the fourth quarter of…