Focused exclusively on developing infrastructure to support the transportation, storage, and processing of NGLs, refined products, and petrochemicals, Houston-based Easton Energy is stepping up its game as a serious midstream player in the Gulf Coast hubs. Formed in 2018, the company is a youngin’ compared to its big-name counterparts but came out swinging the same year when it bought 416 miles of NGLs pipelines from Tulsa-based Williams. Now, with a larger acquisition to its name on top of a recent expansion of its salt dome storage facility, Easton may just be getting started in the petrochem muscle department. Reese Energy Consulting today is following the latest news from Easton, which will sweep up Exxon’s 720-mile South Texas Pipeline in an acquisition that nearly doubles the company’s pipeline portfolio. The South Texas system extends from Exxon’s Clear Lake and Katy gas plants to Energy Transfer’s King Ranch Gas Plant and the Port of Corpus Christi and will connect to Easton’s 50 MMBbl salt dome storage facility in Markham, Texas. Easton in June also added crude oil to its storage rights.
Easton Energy LLC is a Houston based midstream company focused on providing transportation, storage, and processing options for natural gas liquids (NGLs), refined products and petrochemicals.