Dos Picos News Today

Phillips 66 on Monday agreed to acquire Pinnacle Midland, a midstream company owned by private equity firm Energy Spectrum Capital, for $550 million in cash, expanding the U.S. refiners natural gas gathering and processing footprint in the Midland Basin.

Phillips 66 to acquire Pinnacle Midstream for $550 million, expanding natural gas footprint in Midland Basin. CEO aims for operational synergy.

Phillips 66 signed an agreement to acquire Pinnacle Midland Parent for $550 million in cash as part of efforts to expand its midstream operations in the Pe...

Phillips 66 on Monday agreed to acquire Pinnacle Midland, a midstream company owned by private equity firm Energy Spectrum Capital, for $550 million in cash, expanding the U.S. refiners natural gas...

Tropical Storm Hilary: Beach, School, Theme Park, Zoo Closures - San Diego, CA - See a list of cancellations and closures due to Tropical Storm Hilary.

Oil production in the Permian Basin was expected to drop by 11,000 barrels per day for a total of about 5.8 million bopd.

Two years after sanctioning the first natural gas processing plant at the Dos Picos facility in Midland County, TX, Pinnacle Midstream II LLC said Tuesday

Pinnacle Greenlights Permian Natural Gas Gathering System with ‘Expansion in Mind’ Pinnacle Midstream II LLC has sanctioned a new-build natural gas gathering and compression system in the Permian Basin anchored by a 15-year gathering, processing and purchasing agreement with Doublepoint Energy LLC. The Dos Picos gathering system in the Midland sub-basin of West Texas is expected to enter service in the second quarter of 2021, Pinnacle said Tuesday. The system was designed “with expansion ...