TEAK Midstream LLC announced it will spend $280 million to build the 200 million cubic feet per day (MMcf/d) Silver Oak cryogenic gas processing plant along with a new natural gas gathering and residue delivery system that will run more than 200 miles and will transport volumes from the Eagle Ford shale. In addition, the company executed 10-year firm gathering and processing agreements with Talisman Energy USA Inc. and Statoil Natural Gas LLC to support both the gathering system and the processing plant. It is expected that the gathering system and ...