West Texas Gas Inc. (WTG)
About
West Texas Gas (WTG) has core businesses in natural gas distribution operations, natural gas transmission services, gas gathering/processing, and NGL transmission services.
WTG owns and operates approximately 5,797 miles of Natural Gas Distribution mainlines and serves 28,670 customers within the states of Oklahoma and Texas.
WTG is a local distribution gas company in thirty (30) incorporated Texas towns/cities and twelve (12) incorporated Oklahoma towns/cities. These incorporated Texas towns/cities include: Balmorhea, Cactus, Canadian, Canyon, Claude, Dalhart, Darrouzett, Devine, Eden, Farwell, Follett, Groom, Higgins, Junction, Kermit, La Vernia, Lubbock, Menard, Miami, Mobeetie, Natalia, Paint Rock, Shamrock, Somerset, Sonora, Stratford, Texhoma, Texline, Wheeler and White Deer. These incorporated Oklahoma towns/cities include: Baker, Beaver, Boise City, Felt, Floris, Forgan, Goodwell, Optima, Reydon, Texhoma, Turpin and Tyrone.
WTG owns and operates approximately 1,808 miles (non-contiguous) of Natural Gas Transmission pipelines within the states of Kansas, New Mexico, Oklahoma and Texas. WTG owns and operates approximately 73.4 miles (non-contiguous) of Hazardous Liquids (NGL) Transmission pipelines within the state of Texas. All of these pipelines and facilities are covered under WTG’s Public Awareness Plan.
Editor's note: Updated Oct. 15, 2021.
Headquarters Address
211 N. Colorado
Midland, TX 79701
United States
Website
www.westtexasgas.comTransactions
Energy Transfer Closes $3B WTG Midstream Acquisition
Energy Transfer Closes $3B WTG Midstream Acquisition
Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV
Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV
Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV
Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV
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News
Finding a Niche: Midstream Giants Target Private G&P Assets
Smaller, non-publicly owned midstream companies are moving quickly for a position in a consolidation-driven market.
Electricity and LNG Drive Midstream Growth as M&A Looms
The midstream sector sees surging global and domestic demand with fewer players left to offer ‘wellhead to water’ services.
‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024
The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.
Diamondback Curtails Permian Oil Output Amid Associated Gas Glut
Diamondback Energy, one of the Permian’s largest oil producers, curtailed some Permian oil output to limit associated gas production. Permian gas output is near record highs, and takeaway capacity out of the basin is bottlenecked.
Diamondback, on Hold for Endeavor Deal, Divests in Delaware Basin
Diamondback Energy sold non-core assets in the Delaware Basin in the second quarter and collected $375 million for its share of a midstream asset sale as its waits to close a $26 billion acquisition of Endeavor Energy Resources.
Energy Transfer Closes $3B WTG Midstream Acquisition
Energy Transfer's deal adds approximately 6,000 miles of complementary gas gathering pipelines from WTG Midstream Holdings, extending Energy Transfer’s reach into the Midland Basin.
Deal Change: BANGL Stake No Longer Part of Energy Transfer’s WTG Merger
NGL production in Texas is following a growth trend as it recovers from COVID-19, and the BANGL Pipeline's joint venture partners want in.
Energy Transfer Picks Up Last of Permian’s Big, Private Midstreamers
Energy Transfer’s $3.25 billion deal for WTG Midstream aside, plenty of smaller midstream companies are available for M&A, an analyst says.
Energy Transfer to Buy Permian Midstream Player WTG for $3.25B
Energy Transfer has agreed to purchase WTG Midstream Holdings’ assets, including Midland Basin core infrastructure, from Diamondback Energy, Stonepeak and the Davis Estate in a cash and stock deal.
Enterprise Focuses on NGL in Permian with $3.1B in Projects
Enterprise Products announced a gas-related network expansion, while Marathon Petroleum’s MPLX midstream company continues its Midland Basin pipeline development.