RE:RE:RE:New Gas Processing Plant CostThats correct.
This is a very large gas processing plant.
Cost per MMcfpd is about $650,000.
Normal size plants of the order of 100 MMcfpd to 300 MMCFD generaly fall in the $1 to $2 million per MMcfpd capacity range.
Its very difficult to replace our plant for less than $50 million.
It is the only one in this local region and services offshore gas and its liquids.\
The best and most quantitative estimate is 7 times extant annual cash flows which is about $38 million US.