Wednesday, February 26, 2025

Texas Producers Add Takeaway Capacity

Texas E&Ps are preparing for growth, as two companies announced midstream takeaway agreements today. Sanchez Midstream Partners (ticker: SNMP) announced it will expand its midstream JV with Targa Resources (ticker: TRGP), expanding its takeaway in the Eagle Ford. The tow companies have merged their holdings of gathering lines and a gas processing plant to form the Carnero JV, which will