MVP Expands Pipeline Holdings into Midland Basin
MVP Holdings acquired Echo Canyon Pipeline Holdings and its subsidiaries to substantially expand its crude business in the highly active southern Midland basin of West Texas.
Echo operates 190 miles of crude gathering pipeline located in the Upton, Reagan, Glasscock, Irion and Crocket counties of Texas. It also owns additional truck unloading facilities, shell storage capacity, and multiple connections to major crude oil off-take pipelines.
“The Echo Canyon acquisition continues our vision to grow MVP’s footprint in Texas and become the preferred midstream and marketing partner for oil and gas producers throughout the U.S.,” said MVP President Gary Navarro.
MVP Holdings is a privately-owned energy logistics company headquartered in Wichita, KS. MVP and its subsidiaries provide gathering, transportation, processing, storage, distribution, marketing, and other midstream services to independent oil and natural gas producers, refiners of petroleum products, and other market participants located throughout the United States.
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