WESTERN MIDSTREAM ANNOUNCES PATHFINDER PIPELINE, EXPANSION OF DELAWARE BASIN PRODUCED-WATER SYSTEM, AND 2025 GUIDANCE
Portfolio Pulse from
Western Midstream announced the Pathfinder pipeline to transport produced water and expanded its Delaware Basin water system. A new agreement with Occidental Petroleum supports this with significant capacity commitments.
February 26, 2025 | 9:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Occidental Petroleum has entered a new long-term agreement with Western Midstream for produced-water gathering and disposal, supporting the Pathfinder pipeline and Delaware Basin expansion.
Occidental Petroleum's agreement with Western Midstream for produced-water services supports the latter's infrastructure projects, potentially improving Occidental's operational efficiency and cost management in water handling.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Western Midstream announced the Pathfinder pipeline to transport over 800 MBbls/d of produced water and expanded its Delaware Basin water system. A new agreement with Occidental Petroleum supports this with significant capacity commitments.
The announcement of the Pathfinder pipeline and expansion of the Delaware Basin water system indicates growth in Western Midstream's operations. The new agreement with Occidental Petroleum, with significant capacity commitments, suggests increased revenue potential and operational stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100