Aug 25, 07:25 PM

WhiteWater Advances Eiger Express Pipeline to Houston; WaterBridge Plans IPO; EPIC Crude Pipeline Explores $3 Billion Sale

WhiteWater Midstream has reached a final investment decision to proceed with the construction of the Eiger Express Pipeline, which will transport increasing natural gas production from the Permian Basin in West Texas to the Gulf Coast region, specifically the Houston area. This project aims to enhance the infrastructure for natural gas transportation in response to growing production in the region. Separately, WaterBridge Infrastructure, which operates 2,500 miles of water-handling pipelines and 196 produced water facilities in the Delaware Basin, is planning an initial public offering. Its sibling company, LandBridge, saw its stock price surge following its 2024 IPO. Additionally, the owners of the EPIC Crude pipeline are exploring a potential sale of the asset, with sources indicating that the transaction could value the energy infrastructure at approximately $3 billion, including debt.

#WhiteWater Midstream #Eiger Express Pipeline #Permian Basin #West Texas #Gulf Coast #Houston #WaterBridge Infrastructure #Delaware Basin #LandBridge

Written with ChatGPT (GPT-4).

WhiteWater Advances Eiger Express Pipeline to Houston; WaterBridge Plans IPO; EPIC Crude Pipeline Explores $3 Billion Sale

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