NEW YORK Noble Energy Inc. plans to build the first liquefied natural gas (LNG) plant in Colorado, the company said.
The $45-million facility will have the capacity to produce 100,000 gallons of LNG daily, which will be used to fuel the companys rigs and other heavy equipment in its DJ Basin operations in north-central Colorado. The DJ Basin contains the companys largest U.S. onshore field.
Houston-based Noble also expects to make LNG available to other oil and natural gas producers in the area.
The facility is being built in conjunction with Nobles Keota natural gas processing plant in northern Weld County, Colo.
The LNG operation is expected to be operational shortly after the natural gas plant is completed in mid-2014.