Carnero Gathering Line

We own a 50% interest in the Carnero Gathering Line.  The 45-mile natural gas pipeline transports natural gas from the Sanchez Energy Corporation’s Catarina asset to the Raptor Gas Processing Facility.

  • Capacity of 200 MMcfe/d; readily expandable to 260 MMcfe/d without compression
  • 50% owned and operated by Targa Resources Corp.
  • 15‐year gathering agreement with Sanchez Energy Corporation provides stable, fee‐based cash flows and Catarina acreage dedication
  • 5‐year minimum commitment of 125 MMcfe/d
  • Sanchez Energy Corporation average production greater than 180 MMcfe/d in 2016 from the approximately 106,000 net acreage dedication at Catarina