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Title : Hyperdrive: Not It's New Mexico -- July 14, 2017
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Hyperdrive: Not It's New Mexico -- July 14, 2017

Texas, actually New Mexico in this case, hyperdrive. It never quits.

From bizjournals:

The Woodlands-based Summit Midstream Partners LP (NYSE: SMLP) and XTO Energy Inc., a subsidiary of Exxon Mobil Corp. (NYSE: XOM), announced July 7 a deal for the creation of a new natural gas gathering and processing system. Data points:

• Summit: develop, own and operate a new natural gas gathering and processing system
• price: $110 million
• where: New Mexico portion of the Permian Basin's north Delaware Basin
• initial phase should be operation by this time next year (making America great again)
• capacity: 60 million cubic feet per day
• could be expanded to (a whopping) 600 million cubic feet per day

By the way, XTO will be moving its headquarters from Fort Worth to Exxon Mobil's 385-acre Springwoods Village campus between Houston and The Woodlands.

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