Kinetik Holdings Finalizes Investment Decision on Kings Landing II with 300 Mmcf/d Capacity
Kinetik Holdings announced it has reached final investment decision on Kings Landing II, a 300 million cubic feet per day natural gas processing plant at its existing Kings Landing complex in New Mexico. KLII is a 50% increase from the originally contemplated 200 Mmcf/d capacity expansion. Upon completion of KLII in the second half of 2028, Kinetik's system-wide processing capacity will exceed 2.7 billion cubic feet per day, with more than 700 Mmcf/d of sour gas processing capacity in northern Eddy and Lea Counties.