ExxonMobil Production Company completes a new field processing capacity at its Piceance Project on the western slope of the Rocky Mountains in Rio Blanco County, Colorado.

The new facilities have the capacity to handle up to 200 million cubic feet per day of natural gas. They include gas and liquid gathering systems, treating facilities, a produced-water pipeline and subsurface disposal system, and a condensate sales and truck-loading site.

ExxonMobil has been producing natural gas in the Piceance Basin for nearly 50 years and is currently producing about 100 million cubic feet per day. The company currently is operating seven drilling rigs to increase its Piceance production.

“A project such as Piceance represents a long-term view of and commitment to energy development,” says Rich Kruger, ExxonMobil Production Company president. “The key to unlocking the potential of this large, technically challenging resource is increasing production and recovery rates from each well at lower cost. ExxonMobil scientists and engineers are working hard to improve the enabling technologies and processes to do just that.”

Natural gas is expected to be the fastest-growing major fuel source, driven largely by its increased use to generate electricity. ExxonMobil’s leases in the Piceance Basin hold a potential recoverable resource of 45 trillion cubic feet of gas. “ExxonMobil is committed to developing this resource efficiently and with environmental care and sensitivity,” says Kruger.

Tags: Exxon Mobil Corporation