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ONEOK acquires remaining 49 percent interest in Delaware Basin JV

Permian Basin Oil and Gas Magazine

percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). Delaware Basin JV owns natural gas gathering and processing facilities in Delaware Basin in west Texas and southeast New Mexico with total processing capacity of more than 700 million cubic feet per day.

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Devon, Ridgemont divest interest in Matterhorn Express natural gas pipeline

Permian Basin Oil and Gas Magazine

percent interest in Matterhorn Express, 510-mile natural gas pipeline that ships Permian Basin gas from Waha hub to Wharton and Katy. After closing, Whitewater will own 65 percent interest and operate the pipeline, and MPLX and Enbridge will each own 10 percent. billion cfd of contracted capacity.

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Pipeline Acquisition Alert: WBI Midstream Expands Texas Footprint with 116-Mile System from Enerfin

Oil Gas Leads

June 2025 WBI Midstream LLC, a subsidiary of WBI Energy and part of the MDU Resources Group, has officially acquired the Longhorn Gathering & Transmission System from Enerfin Resources II-92 , adding a strategic 116-mile pipeline footprint across Archer, Clay, and Wichita Counties in Texas. What’s Included in the Deal?

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Targa’s Pipeline Addition: Expanding Capacity in the Permian’s Core Counties

Oil Gas Leads

The Permian Basin is the undisputed engine of American energy growth—and midstream operators like Targa Resources are racing to keep up. A recent Pipeline Addition (PA) approved by the Railroad Commission of Texas highlights just how aggressively Targa is scaling infrastructure to match soaring gas production. 8″ 9.62

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Pipeline planned to supply LNG project receives green light from B.C. regulator

Oil Gas Leads

Project Update: Prince Rupert Gas Transmission (PRGT) Pipeline Clears Key Regulatory Hurdle The British Columbia Environmental Assessment Office (EAO) has confirmed that the 750-kilometre Prince Rupert Gas Transmission (PRGT) pipeline retains its environmental certificate, clearing the way for construction to continue.

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Canadian First Nations to Acquire $511 Million Stake in Enbridge's Westcoast Pipeline

Rextag

s Westcoast natural gas pipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline.

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Coterra Says Constitution Talks Back On; May Add $50M to Marcellus

Marcellus Drilling News

Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its first quarter 2025 update last week. There was a lot of news coming from the update. However, two things stood out for us: