Phillips 66 announces new gas plant and fractionator projects

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Phillips 66 announces Zeus Gas Plant and a third Coastal Bend Fractionator, advancing integrated wellhead-to-market strategy in the Permian and on the Gulf Coast

May 18, 2026 7:00 AM EDT

HOUSTON--(BUSINESS WIRE)-- Phillips 66 today announced it is moving forward with the Zeus Gas Plant and a third Coastal Bend Fractionator, two projects that will advance its integrated wellhead-to-market strategy, thereby expanding gas processing capacity in the Permian and NGL fractionation capabilities on the Gulf Coast.

Zeus will be a 300 MMcf/d gas processing facility in the Permian and will include the new Midland Express (MEX) Pipeline, an approximately 45-mile, 20-inch line integrating Phillips 66s Permian Basin gathering systems. Expected to come online with the Zeus processing plant, MEX will be able to move up to 230... More