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Regency Gas

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About Regency Gas

Midstream is the decisive choice of Regency Energy Partners. The independent energy partnership focuses on the gathering, processing, marketing, and transportation of natural gas and natural gas liquids (NGLs) in Arkansas, Kansas, Louisiana, and Texas. Its gathering and processing unit moves natural gas from the wellhead through gathering systems, primarily – more... for producers. Regency's gathering and processing assets include 8 gas treating/processing plants, and 5,260 miles of related gathering and pipeline infrastructure. Its transportation segment ships natural gas across Louisiana. The company also offers natural gas compression services and provides treating services to gas producers and pipeline companies.

Regency is leveraging its interrelated business segments -- gathering and processing, transportation, and contract compression and treating -- to maximize revenues from customers in its primary areas of engagement, shale plays across the US.

In 2009 Regency and Alinda Capital Partners formed a joint venture to build the Haynesville Expansion Project (38%-owned by Regency) to transport gas from the Haynesville Shale, one of the country's most rapidly growing natural gas plays.

However, in 2010 the company sold its general partner interest to Energy Transfer Equity and acquired a 49.9% stake in the Midcontinent Express Pipeline from its new general partner. The move enabled Regency to get fiscal and professional support from a leading player in the midstream market in order to boost its growth.

Also that year Regency acquired Zephyr Gas Services, a Houston-based field services company, for $193.3 million. Zephyr's assets closely align with Regency segments located in high-growth areas, including the Haynesville and Eagle Ford shales. Zephyr also provides a full range of field services, including gas cooling, dehydration, JT plant leasing, and sulfur-treating services.

In 2010 the company reported a growth in revenues thanks to  acquisitions and the expansion of its activities. However, higher operating, third party, administrative, and depreciation costs resulted in a net loss for the year.

In 2011, in a move to boost its midstream portfolio, Regency and Energy Transfer Partners formed a joint venture which then bought LDH Energy Asset Holdings from Louis Dreyfus Highbridge Energy for $1.9 billion. Among other assets, the venture gained an NGL platform with storage, transportation, and fractionation capabilities. The partners also agreed to build a 530-mile natural gas liquids pipeline in Texas through their Lone Star NGL joint venture.

Regency was created in 2005 by Hicks Muse (now HM Capital Partners LLC) to succeed its Regency Gas Services business and cash in on opportunities in the midstream sector of the natural gas industry. – less

Regency Gas Employer Reviews

Gas Controller (Current Employee), San AntonioApril 5, 2014
Gas Controller (Current Employee), San Antonio TXOctober 12, 2013