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Gray Oak Pipeline, LLC

Company Summary

Description

Gray Oak Pipeline, LLC, a joint venture owned 75 percent by Phillips 66 Partners and 25 percent by Andeavor (NYSE: ANDV), will own the pipeline system.

Operational Regions

  • Permian Basin
  • Eagle Ford
  • Gulf Coast

Related Entities

Recent news

  • 8/18/2022 - Enbridge Becomes... (subscriber access)
  • 5/10/2019 - Enbridge Bringing Gray... (subscriber access)
  • 4/17/2019 - Oryx Midstream Launches... (subscriber access)
  • 2/11/2019 - Phillips 66 & Kinder... (subscriber access)
  • 11/9/2018 - P66 Launches Open Season... (subscriber access)

Company Transactions

Date: 12/11/2018
Type: Acquisition

BUYERS:
  • Enbridge Inc.
  • PROJECTS:
  • Gray Oak Pipeline
  • DETAILS:

    COST: 600 $MM

    NOTES:
    Enbridge has acquired a 22.75% stake in the Gray Oak Pipeline Project.
    REGIONS:
  • Permian Basin