Editor's note: This article has been updated with additional information and clarification from Targa Resources, including the status of its Apex Pipeline project.
After setting a throughput record in its Permian Basin system, Targa Resources executives discussed moving new production facilities and their expectation that another gas pipeline project out of the region would move forward this year.
“Targa’s number one priority is making sure gas moves out of the basin, that our producers can fill their gas into our plants, and we can move gas for producers out of our plants,” said Bobby Muraro, chief commercial officer, during Targa’s May 2 first-quarter earnings call. “And we are working on multiple fronts, multiple options, multiple pipes — all that have very good traction.”