Targa Resources signs 20-year midstream deal with ExxonMobil
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Targa Resources Corp. Announces 20-Year Agreements with ExxonMobil and Announces Three New Natural Gas Processing Plants in the Permian Delaware
August 17, 2026 4:15 PM EDTHighlights
Establishes new 20-year fee-based, integrated midstream agreements to support ExxonMobils development of its premier Permian Basin acreageEstablishes an extensive new area of mutual interest (AMI) across the Permian Delaware for gathering and processing, and downstream services for 20 yearsAdds new acreage to our existing AMI in the Permian MidlandExtends Targas current Permian Midland agreements to 20 years for gathering and processing, and downstream servicesAdds a new... More