Stonepeak

Stonepeak Snapping Up Oryx Permian Crude Operations for $3.6B

Stonepeak Snapping Up Oryx Permian Crude Operations for $3.6B

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.

April 2, 2019

Targa Planning Permian NatGas Midstream Plants, Mont Belvieu Fractionation Train

Targa Resources Corp. is planning to build two 250 MMcf/d cryogenic natural gas processing plants to support increasing production in the Permian Basin’s Midland sub-basin, and a 100,000 b/d fractionation train in Mont Belvieu, TX.

February 9, 2018