Houston-based pipeline operator Targa Resources said Feb. 3 it agreed to sell its wholly owned subsidiary that holds 25 percent interest in the Kinder Morgan-operated Gulf Coast Express pipeline to an undisclosed buyer for $857 million. Kinder Morgan Texas Pipeline, DCP Midstream and an affiliate of Targa built the GCX mainline that transports Permian Basin natural gas 447 miles from Waha hub near Coyanosa in west Texas to Agua Dulce. A lateral of about 50 miles serves Targa’s gas processing facilities in Midland Basin. The $1.7 billion project with capacity of 2 billion cfd started full commercial operations in September 2019.