A natural gas liquids (NGL) recovery unit currently in operation has been simulated and compared with a real unit. Optimized operating conditions have been determined, in which the objective function is based on cost analysis. Following this, different turboexpansion processes have been analyzed and the best flow sheet selected, based on capital analysis and operating limitations. Parameter optimization of the entire modified plant has been performed using an advanced genetic algorithm program, to determine optimal operating conditions. The best revamping alternative is a turboexpander-exchanger process, in which case the profit is increased by 28%.