Thursday, August 27, 2026
Enbridge to buy Salt Creek Midstream crude gathering assets for $600 million- oil and gas 360

Enbridge to buy Salt Creek Midstream crude gathering assets for $600 million

(BOE Report) – Pipeline operator Enbridge said on Wednesday it would acquire Salt Creek Midstream’s crude oil gathering business for $600 million in cash, expanding its presence in the crude-rich Permian Basin. The Permian Basin, the largest oil-producing region in the United States, continues to attract investment in gathering systems and pipeline networks as companies work to transport crude volumes through export