Highlights 200 MMcf/d facility expected to start up in 2019 Private equity groups seizing shale opportunities Houston — Another private equity-backed midstream operator is expanding its natural gas operations in the Permian Basin. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Cogent Midstream said Wednesday it will build a gas processing plant with a capacity of 200 MMcf/d in the Permian’s Midland Basin sub-territory to serve growing production from the Wolfcamp formation. The project will boost its total processing capacity there to approximately 510 MMcf/d. The move reflects the strong interest investors continue to have in the gas that is being lifted with the oil that is drawing drillers to the prolific shale play than spans parts of West Texas and southeastern New Mexico. Established players and small- to mid-size operators have all jumped in, while private equity money is also increasingly being put to […]