Two pipeline companies have entered into a joint venture that will move more natural gas from the Eagle Ford Shale of South Texas to the Agua Dulce hub and Mexico.
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San Antonio pipeline operator Howard Energy Partners and Florida-based NextEra Energy Partners announced the joint venture on Wednesday morning.
The two companies own separate natural gas pipeline networks in South Texas but the joint venture will them to market and book capacity on those networks together.
Under the joint venture, the companies have also pledged to explore new pipeline opportunities in Webb, Duval, Zapata, Dimmit, La Salle, McMullen, Live Oak and Jim Wells counties.
“The synergies between HEP’s and NextEra Energy Partners’ Eagle Ford assets provide for a compelling footprint, and we are excited about the potential for this joint venture,” Howard Energy Partners CEO Mike Howard said in a statement.
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