Findlay, Ohio-based MPLX said Tuesday proceeds from the sale of its St. Paul Park and Mandan refineries and associated logistics will be used to support the company’s growth plans in Permian Basin and Marcellus. MPLX is investing $2.9 billion of organic growth capital toward opportunities to meet global demand for U.S. energy with more than 90 percent allocated to natural gas and NGL infrastructure.
The company’s third quarter report said, “With projects concentrated in the Permian and Marcellus, two of the most prolific and competitive basins in North America, investments in these value chains reflect the partnership’s confidence in the long-term fundamentals of the energy market and offer some of the most compelling investments in the midstream sector.”
MPLX placed Secretariat I, gas processing plant (200 million cfd) in Delaware Basin, into service in April. And among projects expected into service in 4Q are BANGL pipeline from Permian to Gulf Coast, Titan complex in Delaware Basin, and Blackcomb pipeline from Permian to Agua Dulce. In 3Q MPLX reported gathering throughput of 7.216 billion cfd compared to 6.906 billion in 2025Q3. And natural gas processed in 3Q was 9.941 billion cfd compared to 10.075 billion cfd in 2025Q3.
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