Harvest Midstream to acquire 1,500 miles of MPLX pipelines in $1-B deal
Harvest Midstream has agreed to acquire MPLX LP’s natural gas gathering and processing systems in the Uinta and Green River basins for $1 B, marking one of the largest midstream transactions of the year.
The deal, expected to close in the fourth quarter of 2025, will give Houston-based Harvest more than 1,500 miles of pipelines and nearly 850 million cubic feet per day (MMft3d) of gas processing capacity across Utah, Wyoming, and Colorado.
In the Uinta Basin, the acquisition includes about 700 miles of gas gathering pipelines and 345 MMft3d of processing capacity at the Ironhorse and Stagecoach plants. In Wyoming’s Green River Basin, the assets include roughly 800 miles of gathering and transportation pipelines, 500 MMft3d of processing capacity from the Blacks Fork and Vermilion facilities, and a 10,000 bpd fractionator.
“This acquisition is the beginning of the next chapter of Harvest’s ambitious and disciplined growth story,” said CEO Jason C. Rebrook. “We are executing on a long-term vision to build a scaled, resilient midstream network capable of supporting America’s energy needs for decades to come — and these premier MPLX assets fit squarely into that strategy.”
Following the transaction, Harvest will take operational control of the systems and continue service to existing customers. The company said the purchase significantly broadens its geographic reach and positions it for future organic and acquisition-driven growth.
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