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Enbridge Expands Permian Footprint with $600 Million Gathering Deal

Enbridge Inc. has agreed to acquire Salt Creek Midstream’s crude oil gathering assets for $600 million, a move designed to link Permian Basin production directly to the company’s export infrastructure. The deal secures 500 miles of pipeline in the Delaware Basin, deepening the firm’s control over regional oil flows.

Enbridge Expands Permian Footprint with $600 Million Gathering Deal
Photo: Bio & News

The acquisition includes full ownership of the Orla and Wink North systems, alongside a 50% stake in the Delaware Crossing system. These assets serve more than 20 producers through 320,000 net dedicated acres, supported by long-term contracts with an average remaining life of 10 years. With a combined throughput capacity of 420,000 barrels per day, the infrastructure provides a strategic conduit to long-haul egress pipelines, including the Enbridge-majority-owned Gray Oak Pipeline.

Colin Gruending, executive vice president of Enbridge Liquids Pipelines, noted that the platform allows the company to offer full wellhead-to-water integration. By connecting these gathering systems to the Enbridge Ingleside Energy Center, the firm effectively bridges Permian production with its flagship export terminal. The transaction is expected to be immediately accretive to earnings and distributable cash flow per share, with completion anticipated later in 2026 pending regulatory approval from the Federal Trade Commission.

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