Eagle Oil Gathering Project
From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor. |
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Eagle Oil Gathering Project is an oil pipeline in Texas, USA.[1]
Location
The pipeline will run through Winkler, Ward and Loving counties, Texas, USA.
Project Details
- Owner: Penn Virginia Corp.
- Capacity:
- Length: 96.6 kilometers / 60 miles
- Status: Operating
- Start Year: 2019
Background
The gathering system was previously owned by Devon Energy, but in 2017, Penn Virginia Corp. announced a deal to buy the Eagle Ford assets from Devon Energy for $205 million in cash. The acquisition included the infield gathering and compression system, which has no volume commitments or acreage dedications. Penn Virginia is an oil and gas exploration and production company that focuses on Texas’ Eagle Ford Shale.[2]
Articles and resources
References
- ↑ Ongoing Projects, Pipeline News, accessed October 2018
- ↑ Olivia Pulsinelli, Houston energy co. to acquire Eagle Ford assets from Devon Energy, Houston Business Journal, July 31, 2017