EnLink Midstream Partners has acquired the Victoria Express Pipeline and associated truck terminal and storage assets (VEX) from Devon Energy.

The 56-mile VEX multi-grade crude oil pipeline has a current capacity of approximately 50,000 barrels per day (bpd).

The pipeline’s capacity will be increased to around 90,000 bpd after completion of expansion projects, which are currently underway.

Other VEX assets at the destination of the pipeline include an eight-bay truck unloading terminal, 200,000 barrels of above-ground storage, with 50,000 barrels are under construction, and rights to barge loading docks.

"The transaction includes facilities near the pipeline’s origin that are under construction, including an eight-bay truck unloading terminal and 160,000 barrels of above-ground storage."

The transaction also includes facilities near the pipeline’s origin that are under construction, including an eight-bay truck unloading terminal and 160,000 barrels of above-ground storage.

EnLink Midstream Partners and EnLink Midstream (together EnLink) have recently acquired Coronado Midstream for $600m.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Based in Dallas, Texas, EnLink Midstream’s assets are located in several oil and gas regions in North America.

The company’s assets include over 9,100 miles of gathering and transportation pipelines, 16 processing plants with 3.6 billion cubic feet per day of processing capacity, seven fractionators with 280,000 barrels per day of fractionation capacity.

It also owns barge and rail terminals, product storage facilities, brine disposal wells, a crude oil trucking fleet and equity investments in several private midstream firms.