Phillips 66 to grow Permian midstream business with EPIC NGL ...
4 days ago · The EPIC NGL business consists of two fractionators (170 MBD) near Corpus Christi, Texas, approximately 350 miles of purity distribution pipelines and an approximately 885-mile NGL pipeline (175 MBD) linking production supplies in the Delaware, Midland and Eagle Ford basins to such fractionation complexes and to the Phillips 66 Sweeny Hub.
Phillips 66 to grow Permian midstream business with EPIC NGL …
3 days ago · HOUSTON, January 06, 2025--Phillips 66 announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for total cash consideration of $2.2 billion.
Phillips 66 to Acquire Midstream NGL Assets in Permian from EPIC
3 days ago · EPIC’s NGL operations comprise two fractionators with a capacity of170,000 barrels a day near Corpus Christi, Texas; purity distribution pipelines stretching about 350 miles; and an NGL pipeline ...
Phillips 66 Acquires EPIC NGL for $2.2 Billion, Bolstering Permian …
3 days ago · The EPIC NGL business includes two fractionators near Corpus Christi with a capacity of 170,000 barrels per day (bpd), 350 miles of purity distribution pipelines, and an 885-mile NGL pipeline connecting the Delaware, Midland, and …
Phillips 66 Buys EPIC’s Permian NGL Midstream Assets for $2.2B
4 days ago · EPIC NGL has also identified a third fractionation facility that could bring its fractionation capacity up to 280,000 bbl/d, Phillips 66 said. The facilities connect Permian production to Gulf Coast refiners, petrochemical companies and export markets and will be highly integrated with the Phillips 66 asset base, the company said.
Phillips 66 to acquire EPIC NGL assets in Permian Basin for $2.2bn
3 days ago · EPIC NGL’s assets also include over 1,120km of y-grade pipelines with a nameplate capacity of 300,000BPD, which can be scaled to 650,000BPD. These pipelines transport NGLs from gas processing plants in the Permian Basin and the Eagle Ford play to the Robstown Fractionation Complex.
Phillips 66 to buy EPIC NGL in $2.2B deal to expand Permian …
3 days ago · Phillips 66 to expand Permian Basin midstream business with $2.2B acquisition of EPIC NGL, boosting pipeline capacity and connecting production to Gulf Coast refiners.
Phillips 66 to Buy EPIC NGL for $2.2 Billion in Permian Bet (3)
3 days ago · Phillips 66 agreed to acquire EPIC NGL, an owner of natural gas liquids pipelines, for $2.2 billion in cash as it moves to expand its transport business in the Permian basin in the southwestern US.. EPIC NGL’s operations include a roughly 885-mile (1,424-kilometer) natural gas liquids pipeline linking production supplies across the Delaware, Midland and Eagle Ford basins to the Phillips 66 ...
Phillips 66 strikes $2.2 billion EPIC NGL deal to boost natural gas ...
3 days ago · (Reuters) -U.S. oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an all-cash deal for $2.2 billion ...
Phillips 66 to grow Permian midstream business with EPIC NGL ...
1 day ago · The EPIC NGL business consists of two fractionators (170 thousand bpd) near Corpus Christi, Texas, approximately 350 miles of purity distribution pipelines and an approximately 885 mile NGL pipeline (175 thousand bpd) linking production supplies in the Delaware, Midland and Eagle Ford basins to such fractionation complexes and to the Phillips ...
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