Oryx Midstream Services has announced it will build a 220-mile crude pipeline system in the Permian Basin that will run from New Mexico to Midland.
Midland-based Oryx, which primarily is owned by Houston private equity firms, said the 400,000-barrel-a-day network will run through Carlsbad, New Mexico and into West Texas to crude oil delivery points in Crane and Midland.
Oryx’s plans will add to a boom in pipeline projects competing to service all of the growing oil production from the Permian, which accounts for most of the nation’s oil growth. The pipeline project is expected to be completed by the end of 2018.