​Good news from the nation’s midstream sector is a welcome respite in this uncertain time, and joint ventures between operators who offer individual strengths and share common growth strategies just make sense, maybe now more than ever. Here’s a shoutout to the JVs currently making some positive noise in the midstream space.

Open Season for San Mateo’s Pipeline Expansion Project

Formed in 2017, Dallas-based San Mateo Midstream is a joint venture between subsidiaries of Matador Resources and Five Point Energy. The JV now has announced a binding open season beginning August 7 on a proposed 19-mile expansion of the 19-mile San Mateo Black River oil pipeline system in Eddy County, N.M. The project will expand the system further north in Eddy with startup operations expected this Fall. San Mateo’s open season will conclude September 6. San Mateo owns and operates crude oil, natural gas, and water gathering and transportation systems in Eddy County and Loving County, Texas, including the Black River Processing Plant in Eddy with an inlet capacity of 260 MMCFD.

WhiteWater, MPLX, and West Texas Gas Join Forces

Back in Austin, WhiteWater Midstream, Marathon’s MPLX, and West Texas Gas (WTG) have formed a new joint venture to provide NGLs takeaway capacity from two gas processing plants in the Permian to the NGL fractionation hub in Sweeny, Texas. The processing facilities are owned by MPLX and WTG. The project will leverage existing infrastructure with limited initial construction and is supported by top-tier Permian producers. The JV also has entered into an agreement to purchase an undivided joint interest in EPIC’s 700-mile Y-Grade NGL pipeline that extends from West Texas to the Eagle Ford. EPIC recently announced commercial service on its first greenfield fractionator in Robstown, Texas.

Was this article helpful? Tell us what you think.


Submit a Comment

Your email address will not be published.

You Might Also Like…