Focused on enhancing interconnectivity and efficiency, Permian Basin operators Plains All American Pipeline LP and Oryx Midstream Holdings LLC have agreed to merge in a transaction that would bring together 5,500 miles of oil and liquids pipeline systems. The joint venture (JV) would include all of Oryx’s Permian assets. With the exception of a Plains…
Articles from Oryx
A binding open season to test support for two Permian Basin oil transportation options in West Texas has been extended by a unit of Oryx Midstream Services.
Oryx Midstream Services II LLC is gauging interest in additional crude transportation options in West Texas via a regional system that now serves the Permian Basin’s Delaware formation.
Stonepeak Infrastructure Partners agreed Tuesday to pay $3.6 billion to purchase nearly all of the assets of Oryx Midstream Services, the largest privately held gathering and transportation oil operator in the Permian Basin.
Oryx Midstream Services said Tuesday it has successfully completed an open season for a new regional crude oil gathering and transportation system to serve the Permian Basin’s liquids-rich Delaware formation, which runs through West Texas and into southeastern New Mexico.
Permian Basin midstream operator Oryx Midstream Services II LLC’s subsidiaries have extended a joint open season through Aug. 31 to gauge support for a crude oil gathering and trunkline system to carry supply from the Delaware sub-basin. The open season was to have concluded on Thursday (Aug. 9). For information contact Oryx’s Carlos Mata, senior vice president of business development, at (432) 253-7756.
Oryx Midstream Services II LLC is testing support for more crude oil transportation services from the Permian Basin’s Delaware formation.
After closing on a long-term oil transportation agreement, Oryx Midstream Services II LLC plans to begin building a 220-mile crude oil transportation pipeline system to serve the Permian Basin’s Delaware sub-basin, with initial capacity of up to 400,000 b/d.
Oryx Southern Delaware Oil Gathering and Transport LLC is holding a binding open season through Oct. 29 for the Oryx Trans Permian pipeline system (OTP), now under construction which will gather and transport crude oil from the southern Delaware Basin in Texas. It’s an area where production has been growing and infrastructure expanding.
Kerr-McGee Corp., taking into account the unfinished merger withOryx Energy (See Daily GPI, Oct. 16), revealed Friday a $545million capital budget for 1999. The merged company plans 1999daily production volumes at 190,000 barrels of oil and 580 MMcf ofgas.