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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Concho, Frontier agree to joint venture in northern Midland Basin

April 25, 2019 by Bailey LeRoux

Midland-based Concho Resources and Tulsa-based Frontier Midstream Solutions said last week they formed a joint venture, Beta Crude Connector, to build and provide crude oil gathering, transportation and storage in northern Midland Basin.  Frontier will be operator with initial flows scheduled mid-2019.  The new system will be comprised of 100-mile gathering system, 250,000 barrels of storage and truck terminals.  The pipeline system will have initial capacity of 150,000 b/d to multiple delivery points.  Concho agreed to long-term acreage dedication to this common carrier pipeline.

Filed Under: Mergers and Acquisitions, News, PBOG Newsletter

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