Growth plans for Marathon Petroleum affiliate MPLX include new gas processing plants in Permian Basin and Marcellus. MPLX said Jan. 31 its capital spending in 2023 will be $950 million, including $800 million of growth capital ($712 million last year) and $150 million of maintenance capital ($143 million last year).
In the Permian Basin, MPLX is advancing its natural gas strategy with the expansion of the Whistler pipeline from 2.0 bcfd to 2.5 bcfd and the associated ADCC pipeline lateral into the Corpus Christi domestic and export markets. In response to producer demand in the Permian Basin, the Tornado II processing plant (200 million cfd) was placed online in 2022Q4. MPLX is progressing Preakness II, its sixth 200mmcfd processing plant in Permian expected online in first half of 2023. Michael J. Hennigan, chairman, president and CEO, said, “Most of the capital program is targeted at what we’ll call the smaller expansion debottlenecking projects.”
