Energy Transfer’s Warrior Permian natural gas pipeline 25% committed
Energy Transfer Partners LP’s 1.5-2 bcfd Warrior natural gas pipeline project has commitments for about 25% of its capacity, according to co-chief executive officer and chief commercial officer Mackie McCrea, with the balance under negotiation. McCrea made his remarks during Energy Transfer’s fourth-quarter 2023 earnings call.
McCrea described the 260-mile Warrior as the best positioned of any proposed new pipeline capacity, with “access to almost every major city gate in the state of Texas…all major hubs…and a lot of power plants,” while noting that “another pipeline [will be] needed in the next two-and-a-half years.”
Whitewater, EnLink Midstream LLC, Devon Energy Corp., and MPLX LP are developing the 2.5-bcfd Matterhorn Express pipeline between the Waha, Tex., hub and another hub in Katy, Tex., near Houston. The project’s website notes a third-quarter 2024 in-service date for the 490-mile, 42-in. OD pipeline.
The project is backed by long-term, fee-based commitments with strong investment grade counterparties, the company said, without additional details.
Christopher E. Smith | Editor in Chief
Christopher brings 27 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 15 of them in midstream and transportation sectors.