News

MPLX to buy Northwind Midstream for $2.38 billion to expand Permian sour gas footprint
(Reuters) -MPLX LP said on Thursday it will acquire Northwind Midstream for $2.38 billion in cash to expand its sour gas gathering and processing footprint in the Permian Basin, as producers ramp up drilling in New Mexico.
MPLX to Buy Northwind Midstream for $2.38 Billion
The midstream energy-and-logistics business will gain PE-backed Northwind’s portfolio of over 200,000 acres and more than 200 miles of gathering pipelines as part of the deal.
MPLX to buy Northwind Midstream in $2.375B deal
MPLX agreed to acquire Northwind Midstream, a developer of  infrastructure for gathering, treating and processing natural gas in New Mexico's Delaware Basin, for $2.375B in cash.
MPLX LP to buy Northwind Midstream in $2.38 billion deal to expand Permian Basin footprint
MPLX LP said on Thursday it will acquire Northwind Midstream for $2.38 billion in cash to expand its sour gas gathering and processing footprint in the Permian Basin, as producers ramp up drilling in New Mexico.
Five Point reportedly discussing sale in US of Northwind to MPLX for $2.3bn
By bne IntelliNews Five Point Infrastructure is reportedly in talks to sell Northwind Midstream Partners to MPLX. Citing sources familiar with the matter, Bloomberg reported on July 30 that a deal could be reached in the coming weeks and could be worth $2.
Permian Basin fracking falling faster than expected, ProPetro CEO says
Fracking in the Permian Basin is declining faster than expected due to tariff uncertainty and OPEC+ production hikes, ...
Permian High leader earns Top Assistant Principal Award in Region 18
Johna Straw, Associate Principal at Permian High School, has been named the Region 18 Outstanding Assistant Principal of the ...
Susquehanna Raises Price Target on Permian Resources (PR) Amid Strong Fundamentals
Permian Resources Corporation (NYSE:PR) is one of the high growth stocks outside tech analysts are bullish on. Permian ...
Shale drillers fight as environmental woes hit prolific Permian Basin of Texas, N. Mexico
The toxic water that gushes out of oil wells in the Permian Basin of Texas and New Mexico has spurred environmental concerns ...
Odessa American12h
Permian AP named an Outstanding Assistant Principal for region
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Enterprise Products sees resilient Permian production despite weak oil prices
Enterprise Products Partners expects oil production in the Permian Basin will hold up this year despite an expected drop in ...
Midland Reporter-Telegram on MSN6d
Midland county rig count holds steady; Permian Basin dips by 3
Lea County, New Mexico, extended its winning streak to three weeks, gaining one rig to become the most active county in the ...
Big Delaware Vaulter Permian Resources Wins Fitch Ratings Gold
The stock-weighted acquisition currency Permian Resources uses is in contrast to its former BB-rated peers—and some of its investment grade-rated peers—"who have shifted to mostly debt-funded, ...
Permian football is preparing for national attention to begin the season
The Permian Panthers will travel to the Dallas Cowboys Headquarters at The Star in Frisco to face the Plano Wildcats. The ...
Fitch upgrades Permian Resources to investment grade on financial policies
Investing.com -- Fitch Ratings has upgraded Permian Resources Corporation and Permian Resources Operating, LLC to investment ...
The blood-curdling Permian monsters that ruled the Earth before dinosaurs
Long before T. rex, the Earth was dominated by super-carnivores stranger and more terrifying than anything dreamed up by Hollywood.
Permian Cubed: Ovintiv Boosts Production with Cube Development
Ovintiv has increased its production guidance for the second half of 2025 as it cuts spending and extends the life of its ...