Nile Midstream was approved for new pipeline permit (10563) by the Railroad Commission of Texas for the transfer of 68.74 miles of gathering pipeline from DCP Midstream (now a part of Phillips 66). The location of the permit is Crane County, TX – it ranks #44 in the state for BOE produced in the most recent month (Jun 2022). The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 11,133 wells that have been drilled from Jan 1993 to Jun 2022.
Oil & Gas Permit Download
Nile Midstream Air Permits
Permit Overview
About Nile Midstream
Nile’s business begins with our established footprint on the Central Basin Platform, in the heart of the prolific Permian Basin of west Texas. As a team of tenured industry professionals with extensive upstream experience, we’ve experienced first-hand the limitations of other midstream providers. With that in mind, we thoughtfully prioritize reliability and strive to provide energy producers with creative and cost-effective options to bring their products to market. Founded in 2021 with investments from NGP, the management team, and long-time partners, we expect to create value for our customers and stakeholders for years to come.
Phillips 66 (NYSE: PSX) and DCP Midstream, LP (NYSE: DCP) completed the previously announced acquisition by Phillips 66 of all the publicly held common units representing limited partner interests in DCP Midstream for $41.75 per common unit in cash at a total value of approximately $3.8 billion, increasing its economic interest in DCP Midstream to 86.8%.
Effective with the opening of markets today, DCP Midstream’s common units will no longer be listed on the New York Stock Exchange.
About Phillips 66 and DCP Midstream
Phillips 66 (NYSE: PSX) manufactures, transports and markets products that drive the global economy. The diversified energy company’s portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future.
DCP Midstream, LP is a master limited partnership with a diversified portfolio of gathering, processing, logistics and marketing assets.
