Eiger Express Pipeline to Offer Gas Transport Option for Growing Permian Basin Production
TULSA, Okla., Aug. 25, 2025/ PRNewswire/– ONEOK, Inc. OKE, WhiteWater, MPLX LP MPLX and Enbridge Inc. ENB, through the existing Matterhorn joint endeavor (Matterhorn JV), revealed a brand-new gas pipeline to transfer growing gas production from the Permian Basin to the Gulf Coast area.
The roughly 450-mile, 42-inch Eiger Express Pipeline is developed to transfer as much as roughly 2.5 billion cubic feet each day (Bcf/d) of gas from the Permian Basin in West Texas to the Katy location near Houston, Texas, and holds scheduled capability for shipments to the Corpus Christi, Texas, market. The pipeline will source gas from processing centers, consisting of those owned by ONEOK and MPLX, and pipeline connections in the Midland and Delaware basins.
The Eiger Express Pipeline joint endeavor is owned 70% by the Matterhorn JV, 15% by ONEOK and 15% by MPLX. ONEOK’s overall ownership interest in the pipeline is 25.5%, that includes its ownership interest in Matterhorn JV.
” This crucial facilities task is required to supply extra transport capability out of the extremely efficient Permian Basin,” stated Pierce H. Norton II, ONEOK president and ceo. “This pipeline’s tactical area uses connection to growing gas need markets, assisting to fulfill the requirement for increasing electrical energy generation and global need for liquified gas (LNG) exports.”
The pipeline is supported by company transport contracts with agreement regards to ten years or longer. WhiteWater will build and run the pipeline, which is anticipated to be finished in mid-2028, pending invoice of traditional regulative and other approvals.
At ONEOK OKE, we provide energy services and products crucial to an advancing world. We are a leading midstream operator that offers event, processing, fractionation, transport, storage and marine export services. Through our roughly 60,000-mile pipeline network, we transfer the gas, gas liquids (NGLs), improved items and petroleum that assist fulfill domestic and global energy need, add to energy security and supply safe, reputable and accountable energy services required today and into the future. As one of the biggest incorporated energy facilities business in The United States And Canada, ONEOK is providing energy that makes a distinction in the lives of individuals in the U.S. and around the globe.
ONEOK is an S&P 500 business headquartered in Tulsa, Oklahoma
For info about ONEOK, check out the site: www.oneok.com. For the current news about ONEOK, discover us on LinkedIn, Facebook, X and Instagram.
About the Matterhorn Joint Endeavor:
The Matterhorn JV is owned by WhiteWater (65%), ONEOK (15%), MPLX (10%) and Enbridge (10%). The joint endeavor owns long-haul gas pipelines which transfer gas from the Permian Basin to the Gulf Coast with direct connections to LNG export markets. The Matterhorn JV owns the Matterhorn Express Pipeline and 70% of the Eiger Express Pipeline. WhiteWater’s stake in the Matterhorn JV is owned by FIC and I Squared Capital.
About WhiteWater:
WhiteWater is an Austin, Texas based facilities business and operator of numerous gas transmission possessions, consisting of the Matterhorn Express Pipeline and the Eiger Express Pipeline. WhiteWater is partnered with numerous personal equity funds, consisting of however not restricted to FIC and I Squared Capital. To learn more about WhiteWater, check out www.wwdev.com.
About MPLX LP:
MPLX is a varied, large-cap master minimal collaboration that owns and runs midstream energy facilities and logistics possessions and offers fuels circulation services. MPLX’s possessions consist of a network of petroleum and improved item pipelines; an inland marine service; light-product terminals; storage caverns; refinery tanks, docks, filling racks, and associated piping; and unrefined and light-product marine terminals. MPLX likewise owns petroleum and gas event systems and pipelines along with gas and NGL processing and fractionation centers in crucial U.S. supply basins. More info is readily available at www.MPLX.com
About Enbridge Inc.:
At Enbridge, we securely link countless individuals to the energy they count on every day, sustaining lifestyle through our North American gas, oil and eco-friendly power networks and our growing European overseas wind portfolio. We’re purchasing modern-day energy shipment facilities to sustain access to protect, economical energy and structure on more than a century of running traditional energy facilities and 20 years of experience in eco-friendly power to advance brand-new innovations consisting of hydrogen, eco-friendly gas and carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge’s typical shares trade under the sign ENB on the Toronto (TSX) and New York City (NYSE) stock market. To read more, visit us at enbridge.com.
Positive Declarations:
A few of the declarations consisted of and included in this press release are positive declarations as specified under federal securities laws. The positive declarations associate with our and the Matterhorn JV’s and Eiger Express Pipeline joint endeavor’s expected monetary efficiency (consisting of predicted capital investment and capital), liquidity, management’s strategies and goals for our future development jobs (consisting of dates for anticipated conclusion of development jobs) and other future operations, market conditions and other matters. We make these positive declarations in dependence on the safe harbor defenses offered under federal securities laws and other appropriate laws.
Positive declarations consist of the products determined in the preceding paragraph, the info worrying possible or assumed future outcomes of our operations and other declarations consisted of or included in this press release determined by words such as “prepare for,” “think,” “continue,” “could,” “price quote,” “anticipate,” “projection,” “objective,” “assistance,” “plan,” “may,” “might,” “outlook,” “strategy,” “possible,” “task,” “set up,” “should,” “will,” “would” and other words and regards to comparable significance.
One must not position excessive dependence on positive declarations. Understood and unidentified threats, unpredictabilities and other aspects might trigger our real outcomes, efficiency or accomplishments to be materially various from any future outcomes, efficiency or accomplishments revealed or indicated by positive declarations, consisting of, without restriction, ONEOK being not able to accomplish the expected advantages of the deal. Those aspects might impact our operations, markets, items, services and rates. These and other threats are explained in higher information in Product 1A, Threat Aspects, in our latest Yearly Report on Type 10-K and in the other filings that we make with the Securities and Exchange Commission (SEC), which are readily available on the SEC’s site at www.sec.gov. All positive declarations attributable to us or individuals acting upon our behalf are specifically certified in their totality by these aspects. Any such positive declaration speaks just since the date on which such declaration is made, and, besides as needed under securities laws, we carry out no commitment to upgrade openly any positive declaration whether as an outcome of brand-new info, subsequent occasions or alter in scenarios, expectations or otherwise.
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Expert Contact: |
Megan Patterson |
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918-561-5325 |
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Media Contact: |
Alicia Buffer |
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918-861-3749 |
SOURCE Oneok, Inc.