Springfield system — oil project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
South Texas gas- and oil-gathering and treating system in which the partnership owns a 50.1% interest and serves as operator, comprising three treating plants, two gathering systems and 852 pipeline miles. The gas-gathering system delivers to the Brasada complex and to interruptible points at the Raptor plant owned by Carnero G&P and operated by Targa and the Dos Hermanos plant owned and operated by Energy Transfer. The oil-gathering system delivers to Plains All American, Kinder Morgan's Double Eagle Pipeline, Hilcorp's Harvest Pipeline and NuStar's pipeline. Fee-based service revenue fell $32.4 million in 2025 on decreased throughput and lower annual cumulative catch-up adjustments for cost-of-service changes in estimated consideration.
Processing facilities
As at 31 December 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Copyright © 2026, Metal Pilot
We use strictly necessary cookies for authentication and site functionality. Optional analytics (Google Analytics) load only after you accept; we do not use advertising, remarketing, or Google Signals. We honour Global Privacy Control (GPC) and other recognised opt-out signals by keeping analytics off for that browser.