Permian Basin
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Transwestern Pipeline Launches Open Season for Desert Southwest Expansion
Transwestern Pipeline, a subsidiary of Energy Transfer LP, announced an open season (Sept 26-Oct 25, 2025) for an expansion of its natural gas pipeline across TX, NM, and AZ. The Desert Southwest expansion aims to transport at least 1.5 Bcf/d of Permian Basin natural gas to markets in the Southwest, anticipating increased demand. Sufficient commitments exist, but additional commitments will optimize the project, targeting Q4 2029 operation, pending regulatory approvals. The expansion addresses Permian takeaway capacity constraints but faces environmental and economic challenges.
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ELLIPSIS U.S. ONSHORE HOLDINGS ANNOUNCES STRATEGIC ACQUISITIONS AND FARMOUT AGREEMENT TO EXPAND NON-OPERATED PORTFOLIO
Ellipsis U.S. Onshore Holdings, backed by Westlawn, announced the acquisition of Permian Basin assets producing 4,000 BOEPD, with plans to reach 20,000 BOEPD in 2025. This adds over 8,200 net acres in the Northern Delaware Basin. Separately, they signed a farmout agreement with Black Stone Minerals for 270,000 gross acres in East Texas, securing rights to non-operated interests in Haynesville acreage tied to Revenant Energy’s drilling program. These deals expand Ellipsis’ non-operated portfolio.