The Panola Pipeline is operated by Enterprise Products Partners in Texas and takes Y-grade NGLs from Panola County to fractionation facilities in Mont Belvieu. (Source: Shutterstock)
Pearl Energy Investments portfolio company Voyager Midstream Holdings has closed on its deal with Phillips 66 for its non-op interest in the Panola Pipeline, Voyager said March 19.
The Panola Pipeline is operated by Enterprise Products Partners in Texas and takes Y-grade NGLs from Panola County to fractionation facilities in Mont Belvieu.
“Panola Pipeline is a critical NGL pipeline connecting the major East Texas gas processing complexes and Gulf Coast demand markets. We are excited to work alongside our partners in Panola Pipeline to safely transport liquids to satisfy growing demand for NGLs along the Gulf Coast,” said Voyager CEO Will Harvey. “This acquisition strengthens our ability to provide cost-effective and reliable service to our customers.”
Voyager owns and operates the Carthage Hub, a 1-Bcf/d natural gas trading hub interconnecting LNG markets in Texas and Louisiana. The company’s portfolio includes 550 miles of natural gas pipelines and associated compression, 400 MMcf/d of active cryogenic gas processing capacity and 12,000 bbl/d of liquids fractionation capacity, which the company bought from Phillips 66 in 2024.
RELATED
Voyager Midstream Buys Haynesville G&P Assets from Phillips 66
Recommended Reading
PE Firm Voyager to Merge Haynesville OFS Firm with Permian’s Tejas
2025-03-17 - Private equity firm Voyager Interests’ Haynesville Shale portfolio company VooDoo Energy Services will merge with Tejas Completion Services as part of a transaction backing Tejas, Voyager said.
Cummins, Liberty Energy to Deploy New Engine for Fracking Platform This Year
2025-01-29 - Liberty Energy Inc. and Cummins Inc. are deploying the natural gas large displacement engine developed in a partnership formed in 2024.
ADNOC Contracts Flowserve to Supply Tech for CCS, EOR Project
2025-01-14 - Abu Dhabi National Oil Co. has contracted Flowserve Corp. for the supply of dry gas seal systems for EOR and a carbon capture project at its Habshan facility in the Middle East.
Halliburton, Coterra Launch Fully Automated Hydraulic Fracturing Tech
2025-01-06 - Halliburton Energy Services and Coterra Energy’s initial rollout of their autonomous hydraulic fracturing technology led to a 17% increase in stage efficiency.
E&P Highlights: Jan. 13, 2025
2025-01-13 - Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.