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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. ....
Share: Stakeholder s natural gas and crude oil systems serve producers working in the San Andres formation in West Texas and Southeast New Mexico Stakeholder Midstream, LLC, ( Stakeholder ) announced today it has acquired gas gathering and processing assets from Santa Fe Midstream, LLC ( Santa Fe ). Located in Yoakum County, Texas, the assets include Santa Fe s 30-30 Gas Treating and Processing Plant, low-pressure gas gathering pipelines, downstream residue and NGL lines, and a long-term acreage dedication from an established San Andres oil and gas producer. The Santa Fe System will complement Stakeholder s existing Campo Viejo Processing Plant and gathering system currently serving San Andres producers on the Northwest Shelf of the Permian Basin. ....