Company History
Block
2019 - Today

2019 - Today
- Oryx is now one of the largest privately held midstream crude operator in the Permian Basin.
- The entire midstream system now includes 2.1 million barrels of storage and approximately 1,200 miles of in-service and under-construction pipeline spanning eight counties in Texas and New Mexico.
- Two new financial partnerships are formed. Stonepeak Infrastructure Partners announced the acquisition of Oryx Midstream for $3.6 billion. Later that year, Qatar Investment Authority announced an additional investment of approximately $550 million.
- Additionally, Rattler Midstream, a subsidiary of Diamondback Energy, and Oryx announced a joint acquisition of Reliance Gathering, LLC for $355 million.
2018

2018
- Oryx expands the scope of its regional crude oil gathering and trunk line transportation system through the execution of new, long-term acreage dedications totaling approximately 300,000 acres
- Company’s total dedicated acreage is approximately 900,000 acres from more than 20 producers, making Oryx the largest, private midstream oil supply aggregator in the Delaware Basin
2017

2017
- Oryx announces a new 200-mile regional crude oil transportation pipeline and trunk line transportation system with WPX Energy and other major producer customers
- Project increases total Delaware Basin dedication footprint and system capacity to more than 850,000 acres and 600,000 barrels per day
2014 - 2016

2014 - 2016
- Oryx Midstream is formed to pursue midstream opportunities in the Permian Basin.
- Begins focus in the Delaware Basin by beginning construction on the Oryx Trans Permian Pipeline.
- In 2016, the Oryx Trans Permian Pipeline is completed and includes more than 350 miles of crude oil gathering pipeline, 100 miles of transmission pipeline and three storage terminals.