New crude oil pipeline set for Eagle Ford

By Luke Geiver | January 08, 2018

Houston-based EVX Midstream Partners got off to a quick start in 2018. In McMullen County, Texas, the company has announced plans to construct, own and operate a new crude gathering line targeting Eagle Ford shale producers. The company said it has partnered with a large independent oil and gas producers for the project.

Set for completion by Q2 this year, the pipeline will connect to a storage terminal and then connect to the Eagle Ford JV Pipeline.

Brian Stewart, vice president of business development for EVX, said the project sets the company up for long-term growth opportunities.

Herb Chambers, CEO, said the larger diameter pipeline planned for construction will allow the company to serve more customers over a larger area.

Chambers said the company will look for other opportunities in 2018 in the Eagle Ford as well as the Permian. The company already has operations for water gathering in the Eagle Ford.

Five Point Capital Partners is the private equity firm invested in EVX. In addition to EVX, Five Point is also invested in four other midstream entities targeting shale plays, mainly in Texas or New Mexico.