New US midstream market player
Devon Energy and Crosstex Energy have completed their merger to form EnLink Midstream. The new player in the US midstream market has assets in Texas, Oklahoma, Louisiana, Ohio and West Virginia, including some 6,500 miles of gas gathering and transmission lines, 650 miles of NGL pipeline, 200 miles of crude oil pipelines and barge and rail terminals for crude oil, condensate and brine handling, with 500,000 barrels of aboveground storage capacity, reports Hazardous Cargo Bulletin.