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23-03-2021

Lucid Energy commissions Red Hills V cryogenic processing plant

Lucid Energy Group today announced the company has commissioned its Red Hills V cryogenic processing plant in the Delaware Basin. The Red Hills V plant has the capacity to process 230 million cubic feet of natural gas per day (MMcf/d) and brings the total capacity of Lucid’s natural gas processing franchise in the northern Delaware Basin to 1.2 billion cubic feet per day.

Complementing its natural gas processing franchise, Lucid also operates more than 2,000 miles of high- and low-pressure pipeline infrastructure. This streamlined and efficient infrastructure network feeds Lucid’s processing and treating complexes, which are capable of producing nearly 150,000 barrels per day of natural gas liquids.

“Now more than ever, producers require reliable and high-quality midstream service providers,” said Lucid CEO Mike Latchem. “We are thrilled to commission Red Hills V and will continue to provide superior service to our customers as they develop the prolific northern Delaware Basin.”

The company’s assets service Eddy and Lea counties in New Mexico, which currently contain the most active drilling rigs in the country. Since 2017, Lucid has commissioned five major natural gas processing plants across its footprint, representing the largest organic growth of any private midstream gas processor in the Permian Basin.

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