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MI - Concho & Frontier to build Beta, two years after selling Alpha - April 2019

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Permian Basin E&P firm Concho Resources and Frontier Midstream Solutions IV will create a crude system in the northern Midland Basin. The JV will be named Beta Crude Connector, a callback to the Alpha Crude Connector, a Concho-Frontier project in the northern Delaware Basin that was sold to Plains All American for $1.22 billion in 2017. The new gathering and transportation system will consist of a 100- mile gathering system, 250,000 bo of storage facilities and truck terminals. The pipeline system will......
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