Enterprise, ExxonMobil announce Bahia NGL pipeline expansion

Enterprise Products Partners has announced an statement with ExxonMobil for the Bahia earthy state liquids (NGL) pipeline enlargement and associated involvement acquisition.

Under the presumption of the agreement, ExxonMobil volition get a 40% undivided associated involvement successful the Enterprise pipeline.

The Bahia pipeline, spanning 550 miles (885km), has the archetypal capableness to transport 600,000 barrels per time of NGLs.

Pipeline commissioning activities person begun, with commercialized operations commencing soon after.

It volition transport NGLs from the Midland and Delaware basins successful West Texas to Enterprise’s Mont Belvieu fractionation complex.

The acquisition transaction is expected to adjacent by aboriginal 2026, taxable to regulatory approvals.

Upon closing, Enterprise and ExxonMobil volition summation Bahia’s capableness to 1 cardinal barrels per time by adding pumping capacity.

To summation the capacity, the associated task volition physique a 92-mile hold to ExxonMobil’s Cowboy earthy state processing works successful Eddy County, New Mexico.

This hold volition besides link to respective Enterprise-owned processing facilities successful the Delaware Basin. Enterprise volition service arsenic the relation of the combined system.

The enlargement and hold are scheduled for completion successful the 4th fourth of 2027 (Q4 2027).

Enterprise wide spouse and co-CEO A.J. Teague said: “We are pleased to spouse with ExxonMobil connected the Bahia NGL pipeline.

“As the ratio of earthy state and NGL accumulation to crude lipid accumulation continues to summation successful the Permian, the Bahia pipeline volition beryllium an indispensable artery to present mixed NGLs to the fractionation analyzable successful Mont Belvieu.

“From 2024 to 2030, NGL accumulation successful the Permian Basin is expected to summation by implicit 30%. This enlargement supports this maturation by providing captious takeaway capableness for the basin.”

Enterprise provides midstream vigor services successful North America, offering services specified arsenic earthy state gathering, treating, processing, proscription and storage.

ExxonMobil said the expanded pipeline task volition link its increasing accumulation successful the Permian Basin to US Gulf Coast refining and chemic facilities.

This strategical concern would present semipermanent worth for shareholders, fortify its worth concatenation and amended logistics flexibility, stated ExxonMobil.

ExxonMobil reported nett income of $7.5bn for the 4th ending 30 September 2025, a 12% alteration from $8.6bn successful the aforesaid play past year.

"Enterprise, ExxonMobil denote Bahia NGL pipeline enlargement " was primitively created and published by Offshore Technology, a GlobalData owned brand.