Leading US Midstream Crude System Oryx Announces $550 Million Investment from QIA
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.
Oryx Extends Binding Open Season For New Movements On Its Regional Transportation System
Oryx Delaware Oil Transport LLC 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.
Oryx Delaware Oil Transport Llc Launches Binding Open Season For New Movements On Its Regional Transportation System
Oryx Midstream Services II, LLC announced today that its operating subsidiary, Oryx Delaware Oil Transport LLC 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.
Stonepeak Infrastructure Partners to Acquire Oryx Midstream
Affiliates of Quantum Energy Partners, Post Oak Energy Capital, Concho Resources and other investors announced they have entered into a binding agreement to sell substantially all of the assets of Oryx Southern Delaware Holdings LLC and Oryx Delaware Holdings LLC to funds managed by Stonepeak Infrastructure Partners for a cash purchase price of approximately $3.6 billion.
Oryx Midstream Services Announces Successful Open Season and Provides Commercial Update
Oryx Midstream Services II, LLC
Oryx Midstream Services announced today the successful completion of the open season commenced by its operating subsidiaries, Oryx Delaware Oil Gathering NM LLC, Oryx Delaware Oil Gathering TX LLC, Oryx Western Delaware Oil Gathering LLC and Oryx Delaware Oil Transport LLC (collectively, Oryx), supporting the development and construction of a new regional crude oil gathering and transportation system that will provide additional pipeline capacity across the Northern Delaware Basin.