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With Eye on Natural Gas Growth, Pinnacle Adding Second Permian Midland Processing Plant

Two years after sanctioning the first natural gas processing plant at the Dos Picos facility in Midland County, TX, Pinnacle Midstream II LLC said Tuesday ....

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Pinnacle Midstream II to Build New Permian Gas Gathering System Anchored by DoublePoint


Pinnacle Midstream II to Build New Permian Gas Gathering System Anchored by DoublePoint
In addition to supporting the extensive multiwell pad development taking place in the Midland Basin, Pinnacle Midstream II said the gas gathering system, named Pinnacle Dos Picos, was designed with expansion in mind.
Hart Energy Staff
Thu, 12/17/2020 - 02:30 PM
Formed in early 2019, Pinnacle Midstream II is pursuing midstream opportunities across the Lower 48 with an initial focus on the Permian Basin and Eagle Ford Shale. 
(Source: Pinnacle Mistream LLC)
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Pinnacle Midstream II LLC recently unveiled plans to build a new natural gas gathering and compression system in the Midland Basin, which the Houston-based independent midstream company said is anchored by an agreement with DoublePoint Energy LLC. ....

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Pinnacle Greenlights Permian Natural Gas Gathering System with 'Expansion in Mind'


Pinnacle Greenlights Permian Natural Gas Gathering System with ‘Expansion in Mind’
Pinnacle Midstream II LLC has sanctioned a new-build natural gas gathering and compression system in the Permian Basin anchored by a 15-year gathering, processing and purchasing agreement with Doublepoint Energy LLC.
The Dos Picos gathering system in the Midland sub-basin of West Texas is expected to enter service in the second quarter of 2021, Pinnacle said Tuesday. The system was designed “with expansion in mind.”
Citing DoublePoint’s acreage as “some of the best” in the basin, Pinnacle CEO J. Greg Sargent said Dos Picos “will be a game changer for DoublePoint and many other producers operating in the Midland Basin” due to its strategic location. ....

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Pinnacle Midstream II announces new natural gas gathering and compression system


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Pinnacle Midstream II, LLC (Pinnacle) has announced that the company has entered into a 15-year gas gathering, processing and purchase agreement with DoublePoint Energy, LLC (DoublePoint), pursuant to which DoublePoint agreed to dedicate certain of its leasehold acreage related to natural gas production to Pinnacle. The agreement anchors Pinnacle’s greenfield build of a new natural gas gathering and compression system in the Midland Basin.
The Pinnacle Dos Picos Gathering System is expected to come into service in 2Q21 and supports the extensive multiwell pad development taking place in the Midland Basin, one of the most prolific production areas in North America. ....

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Pinnacle Midstream II Announces a New-Build Natural Gas Gathering and Compression System in the Prolific Midland Basin