Atlas Pipeline Mid-Continent first arrived on
the Mid-Continent scene when its parent, Atlas Pipeline Partners, LP (NYSE symbol APL), acquired
the Velma Gas Processing Plant and its 2,000 mile gathering
system. The Velma system stretches primarily across Stephens, Carter and Love Counties,
Oklahoma, but also includes parts of Grady, Garvin, Jefferson and Marshall Counties,
Oklahoma as well as Montague and Cooke Counties, Texas. The Velma gas plant is capable
of processing up to 100 million cubic of natural gas per day. With over 45,000 h.p.
of compression, Atlas remains a highly competitive provider of low pressure service
in the Velma area.
In April 2005, Atlas completed its acquisition of ETC Oklahoma Pipeline forming
a new subsidiary, Elk City Oklahoma Pipeline. The Elk City
assets consist of over 300 miles of low, medium and high pressure gathering pipelines
along with the 100 mmcfd Prentiss Treating Plant and, constructed subsequent to
the acquisition, the new 120 mmcfd Sweetwater Gas Processing
Plant. The Elk City system stretches across
Washita, Beckham and Roger Mills Counties, Oklahoma into Wheeler County, Texas.
For those producers who elect to ship gas across the Elk City system, there are
pipeline interconnects with ANR Pipeline, CenterPoint Field Services, Northern Natural
Gas, Natural Gas Pipeline, ONEOK Gas Transportation, and Panhandle Eastern Pipe
Line.
The most recent acquisition was for control of Anadarko Petroleum Corporation's interests
in the Chaney Dell and Midkiff-Benedum natural gas gathering and processing systems, which was announced
on July 27, 2007. In northwest Oklahoma and southern Kansas, near the center of the Anadarko Basin,
the acquisition expanded the company's assets with approximately 3,470 miles of gathering pipeline and a
processing system that averaged 226 Mmcf/d in 2006. The company also established operations in
western Texas and the Texas panhandle with approximately 73% ownership in the Midkiff-Benedum natural
gas gathering and processing system. The system includes approximately 2,500 miles of gathering pipeline
and is located in the Spraberry Trend of the Permian Basin, near Midland, TX. In 2006, the
Midkiff-Benedum system had approximately 139 Mmcf/d of average throughput.
Atlas focuses on providing safe, reliable and timely service to its customers and
continues to look for opportunities to expand its presence through both acquisitions
and organic growth initiatives.