MPLX LP expects its processing capacity in the Permian’s Delaware Basin to reach 1.4 Bcf/d due to the near-term rise in throughput volumes at its Preakness ll processing plant coupled with the start of operations at its Secretariat processing plant.
In the Delaware, the 200 MMcf/d Preakness ll processing plant began operations in July, MPLX said during its Aug. 6 second-quarter earnings release. The plant is expected to boost throughput volumes over the next 12 months.
Secretariat, MPLX's seventh processing plant in the Delaware, is expected to come online in the second half 2025, the company said.
In the gathering and processing space, MPLX—a diversified MLP that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services—remains focused on the Permian and the Marcellus Shale in response to producer demand, the company said.
In the Utica Shale, MPLX’s gathering and processing volumes continue to rise, inclusive of assets acquired in March 2024.
Summit Midstream agreed to divest its assets in the Utica Shale to an MPLX subsidiary for $625 million in cash. The March 2024 deal included Summit's 36% interest in the Ohio Gathering Co. and 38% interest in the Ohio Condensate Co., along with other Utica assets.
MPLX was formed by Marathon Petroleum in 2012 as a limited partnership to focus on midstream and logistic infrastructure in key U.S. natural gas basins.