Midstream Takeaway: More Permian Pipelines

The current round of pipeline expansions means more capacity and consolidation in the Permian Basin.

Citgo Petroleum Reports $477 Million Third Quarter Profit

In the third quarter of 2022, Citgo Petroleum's three refineries processed a combined total of 780,000 bbl/d and exported 196,000 bbl/d of refined products.

Stakeholder Midstream to Double Gas Capacity at Permian Basin Facility

Stakeholder Midstream announced a final investment decision (FID) on the installation of a second treating and processing train (Train II) at its Campo Viejo facility in the Northwest Shelf of the Permian Basin.

Clearfork Midstream to Expand Haynesville Gas System in North Louisiana

Clearfork Midstream recently signed agreements to support significant buildout projects in the Haynesville Shale including expansion to the treating capacity of its Holly System and the construction of two new gathering pipelines in North Louisiana.

Momentum Midstream Establishes Leading Haynesville Presence with Latest Acquisitions

The acquisition of Midcoast’s East Texas business and Align Midstream was announced by Momentum Midstream alongside a new natural gas gathering and carbon capture project in the Haynesville Shale.

Crestwood to Divest Marcellus Assets in $205 Million Deal with Antero

The assets are comprised of a legacy gas system in the Marcellus Shale in West Virginia that was acquired by Crestwood from Antero Resources in 2012.

Texas Pacific Land, WaterBridge Form Delaware Basin Water Alliance

Texas Pacific Land Corp.' and WaterBridge NBD's alliance will provide the Delaware Basin with a model for sustainable, ESG-friendly operations.

Howard Energy Partners Expands South Texas Natural Gas Transport System

Under its planned expansion, joint venture Dos Caminos projects to increase total throughput to its Mexico and Gulf Coast LNG markets by 1 Bcf/d, doubling its production.

DCP Midstream Expands Permian Basin Footprint with $160 Million Bolt-on Acquisition

Denver-based DCP Midstream recently agreed to acquire the James Lake System from Woodland Midstream II, which increases DCP’s gathering capacity in the Permian Basin.

Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit

Crestwood agreed on May 25 to acquire Sendero Midstream Partners in the Delaware Basin, “prudently financed” with cash proceeds from the sale of Crestwood’s legacy Barnett Shale position to EnLink Midstream.