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Enterprise buys Pinon Midstream in $950M Permian Basin pipeline deal

<b>Pumpjack outside of Carlsbad, New Mexico. </b> <b>Provided by Becca Grady | Center for Biological Diversity</b> — **Pumpjack outside of Carlsbad, New Mexico.** **Provided by Becca Grady | Center for Biological Diversity**

Published:

August 26, 2024

Reading time: 3 min.

Adrian HeddenCarlsbad Current-Argus A Permian Basin-based pipeline company sought to up its presence in the region by buying up almost a billion dollars in midstream assets in a merger announced last week. Enterprise Products Partners said it was acquiring Pinon…

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Adrian Hedden

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