EVX Midstream Partners will build and operate a new crude oil gathering system in Texas.
The system in McMullen County is expected to be in service during the second quarter of 2018 and will comprise a gathering over 20,000 dedicated acres and a storage terminal with connectivity to Eagle Ford JV Pipeline.
The development also helps to position EVX for additional, long-term growth opportunities.
Herb Chambers IV, president and CEO of EVX, says: 'This new-build large diameter gathering system complements our existing assets, adds a substantial long-term acreage dedication to our portfolio and will ultimately allow us to serve a broader base of customers.
'We continue to evaluate additional Eagle Ford, Gulf Coast and Permian opportunities and look forward to executing our growth projects in 2018.'
Transforming the energy sectorSpearheading the UAE's new gas chapter IMO sulphur fuel cap: what now? An international concept in a captive market South Africa's newest energy asset Africa breathes a sigh of relief Achieving better risk prevention in Chinese terminals One gauge, double the protection Tank jacking: reviving an ageing asset Digitalisation: future-proofing terminal operations