Oryx Launches Binding Open Season Related to a Proposed Expansion of the Oryx Delaware Oil Transport Pipeline System
May 18, 2020 | Oryx Midstream
Oryx Delaware Oil Transport LLC (ODOT) announced the launch of a binding open season to obtain volume commitments to support a proposed expansion of a portion of ODOT’s pipeline system. Specifically, the company is proposing an expansion of capacity on the ODOT system from ODOT’s Crane Station in Crane, Texas to the destination point at Gray Oak Pipeline, LLC’s Crane Station, also in Crane, Texas (Expansion). The Open Season begins at 8:00 a.m. CDT today, May 18, 2020 and is scheduled to end at 5:00 p.m. CDT on June 17, 2020.
Rattler Midstream, a subsidiary of Diamondback Energy, and Oryx Midstream Announce Joint Acquisition of Reliance Gathering
October 3, 2019 | Rattler Midstream and Oryx Midstream
Rattler Midstream LP (Nasdaq: RTLR), a subsidiary of Diamondback Energy, Inc. (Nasdaq: FANG), and Oryx Midstream, a portfolio company of Stonepeak Infrastructure Partners, announced that their newly-formed joint venture entity has entered into a definitive purchase and sale agreement to acquire Reliance Gathering, LLC for $355 million in cash, subject to certain adjustments under the purchase and sale agreement. The transaction is anticipated to close in the fourth quarter of 2019, subject to certain closing conditions.
August 7. 2019 | Oryx Midstream
MIDLAND, TEXAS – August 7, 2019 – Oryx Midstream Services (Oryx), the largest privately-held midstream crude operator in the Permian Basin, announced today that an affiliate of Qatar Investment Authority (QIA) has acquired a significant stake in Oryx from an affiliate of Stonepeak Infrastructure Partners (Stonepeak). In addition, QIA has committed to invest in the development of Oryx alongside Stonepeak. The total QIA investment in Oryx will be approximately $550 million.
May 31, 2019 | Oryx Midstream
MIDLAND, TEXAS– May 31, 2019 – Oryx Delaware Oil Transport LLC (ODOT) announced today that it has extended its binding open season to secure volume commitments on two new crude oil transportation movements on its regional crude oil transportation system serving the liquids-rich Delaware Basin in Texas and New Mexico. The binding open season commenced on April 17, 2019 and will now conclude on June 21, 2019 at 5 p.m. Central Daylight Time (CDT).
The open season seeks to gauge shipper interest on making commitments to one or both of the following proposed new movements:
Oryx Delaware Oil Transport Llc Launches Binding Open Season For New Movements On Its Regional Transportation System
April 17, 2019 | Oryx Midstream
MIDLAND, TEXAS – April 17, 2019 – Oryx Midstream Services II, LLC announced today that its operating subsidiary, Oryx Delaware Oil Transport LLC (“ODOT”) has launched a binding open season to secure volume commitments to support the proposed construction and development of new crude oil transportation movements on its regional crude oil transportation system serving the liquids-rich Delaware Basin in Texas and New Mexico. The binding open season commenced today, April 17, 2019 at 8 a.m. CDT and is scheduled to conclude at 5 p.m. CDT on May 31, 2019.