Enterprise Products Partners L.P. (NYSE: EPD) and Apache Corporation (NYSE and NASDAQ: APA) executed a long-term agreement, in which Apache is committing 100 percent of its Alpine High natural gas liquids (“NGLs”) to Enterprise.

Apache has 336,000 net acres in its Alpine High discovery in the Delaware Basin. Enterprise has committed to accept a minimum of 205,000 barrels per day of NGLs from Apache.

Enterprise is constructing the 658-mile Shin Oak pipeline from Reeves County to Enterprise’s NGL fractionation and storage complex in Mont Be...


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