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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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Delek allocates 2023 capex to expanding gathering business in Permian

January 19, 2023 by PBOG

Brentwood-based Delek U.S. Holdings said Jan. 4 its consolidated capital expenditure for 2023 will be about $350 million after an estimated $300 million capex in 2022.  Delek said growth capital is primarily allocated to expanding its gathering business in Permian Basin.  Sustaining capital includes a planned turnaround at its refinery in Tyler (75,000 b/d capacity).  Growth capex in 2022 primarily funded integration of assets acquired from 3Bear Energy, acceleration of Permian gathering activity, and expansion of its retail store network.

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