Midstream Infrastructure · Mid-Tier · Midstream · USA
Last updated 21 June 2026
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Portfolio Aggregate · 1 project
Portfolio mode — asset rows are for context only; tab totals use the company aggregation.
Delek Logistics Partners, LP Consolidated
Portfolio · Other · Operating
Project information
As at 31 December 2025
Description
As at 31 December 2025
Delaware limited partnership formed by Delek US Holdings providing gathering, processing, pipeline and transportation services for crude oil and natural gas; storage, wholesale marketing and terminalling for intermediate and refined products; and water disposal and recycling, through owned assets and joint ventures located primarily in the Permian Basin (including the Delaware sub-basin) and the Gulf Coast. Organized into four reportable segments - gathering and processing, wholesale marketing and terminalling, storage and transportation, and investments in pipeline joint ventures. A significant portion of assets is contracted to support Delek Holdings' Tyler, El Dorado and Big Spring refineries. The 2025 Gravity acquisition ($300.8 million) expanded water disposal and recycling.
Portfolio Aggregate · Processing facilities
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Processing facilities · 10 projects
Gathering and Processing Segment
Segment · Gathering System · Operating
Project information
As at 31 December 2025
Description
As at 31 December 2025
Crude oil, natural gas and water gathering, treatment, acid gas injection, processing, transportation and recycling across the Midland Gathering Assets (crude oil serving Delek Holdings' Big Spring refinery), the Delaware Gathering Assets (crude and gas serving third parties, including the Libby processing plants) and the Midland Water Gathering Assets (H2O Midstream and Gravity). The segment offers approximately 1,015 MBbl/d of operations capacity and approximately 310 MBbl/d of water disposal capacity under long-term, fee-based contracts with minimum volume commitments and dedicated acreage.
Processing facilities
As at 31 December 2025
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Storage and Transportation Segment
Segment · Storage Liquids · Operating
Project information
As at 31 December 2025
Description
As at 31 December 2025
Crude oil, intermediate and refined-product storage tankage and pipeline transportation supporting the Delek Refineries (Tyler, El Dorado, Big Spring), with approximately 10.0 million barrels of active shell storage capacity. Includes the Tyler Crude Tank (~350,000 bbl), the Tyler Tank Assets (96 tanks, ~2.0 MMBbl) and the Magnolia Station (~230,000 bbl), plus the Magnolia and Paline pipelines.
Processing facilities
As at 31 December 2025
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Wholesale Marketing and Terminalling Segment
Segment · Other · Operating
Project information
As at 31 December 2025
Description
As at 31 December 2025
Wholesale marketing of refined products (including a West Texas wholesale marketing business in which the Partnership takes ownership of products) and terminalling services for intermediate and refined products, supporting Delek Holdings' refineries and third-party customers.
Processing facilities
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Midland Gathering System
Asset · Gathering System · Operating
Project information
As at 31 December 2025
Description
As at 31 December 2025
Crude oil gathering and transportation system near the Big Spring Refinery in the Midland Basin, providing access to hydrocarbons directly from wellheads, comprising approximately 258 miles of gathering assets (including the Plains connection system), approximately 65 tank battery connections and terminals with total storage capacity of approximately 400,000 barrels.
Processing facilities
As at 31 December 2025
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Libby Gas Processing Plants
Asset · Gas Processing · Operating
Project information
As at 31 December 2025
Description
As at 31 December 2025
The Libby 1 and Libby 2 natural gas processing plants in the Delaware Basin of New Mexico, with approximately 195 MMcf/d of gas processing capacity, providing gas gathering, treatment, acid gas injection and processing primarily for third-party producers.
Processing facilities
As at 31 December 2025
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Caddo Pipeline
Asset · Pipeline Crude · Operating · Ownership 50%
Project information
As at 31 December 2025
Description
As at 31 December 2025
Joint venture (Caddo Pipeline LLC) that operates an 80-mile crude oil pipeline with a capacity of 80,000 bpd originating in Longview, Texas with destinations in the Shreveport, Louisiana area.
Processing facilities
As at 31 December 2025
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Magnolia Pipeline
Asset · Pipeline Crude · Operating
Project information
As at 31 December 2025
Description
As at 31 December 2025
Crude oil pipeline and associated Magnolia Station storage facility (approximately 230,000 barrels of active shell capacity) with origination and destination points shared with the El Dorado Assets and El Dorado Gathering System, supporting the El Dorado Refinery.
Processing facilities
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Paline Pipeline System
Asset · Pipeline Crude · Operating
Project information
As at 31 December 2025
Description
As at 31 December 2025
Crude oil pipeline system providing transportation and connectivity toward Gulf Coast markets, part of the Partnership's storage and transportation network linking the Red River and Caddo systems to Gulf Coast access.
Processing facilities
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Red River Pipeline
Asset · Pipeline Crude · Operating · Ownership 33%
Project information
As at 31 December 2025
Description
As at 31 December 2025
Joint-venture crude oil pipeline providing transportation and optionality from Cushing, Oklahoma to the Longview, Texas area, with connectivity to the Caddo JV and the Partnership's Paline pipeline for access to Gulf Coast markets, with additional expansion optionality.
Processing facilities
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Wink to Webster Pipeline
Asset · Pipeline Crude · Operating · Ownership 15.6%
Project information
As at 31 December 2025
Description
As at 31 December 2025
Approximately 15.6% indirect interest (held through a 50% interest in W2W Holdings) in the Wink to Webster long-haul crude oil pipeline system, with origin points at Wink and Midland in the Permian Basin and delivery points at multiple Houston-area locations.
Processing facilities
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Assumptions
- The projects listed here reflect the information captured in this workspace and are not necessarily a complete picture of the company's portfolio. For authoritative figures, refer to the company's official filings.
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How to read this tab
- The tables below list unit codes most often used in the Oil & Gas sector for this company. MetalPilot stores contained metal or product in the codes below; grade and tonnage use separate fields. In side-by-side comparison views (stock page Portfolio tab, watchlist By sector), heterogeneous source units are converted to each commodity's preferred display unit (for example Moz Au, kt Cu, MMbbl oil) before summing; the same canonical codes appear in project data.
What the Portfolio tab shows
- The Portfolio tab presents a project-level view of the company's reported assets, built from publicly disclosed information (technical reports, annual filings, MD&A, investor presentations, MRMR / R&R statements, NI 43-101 / NI 51-101 / SEC S-K 1300 / SEC S-K 1200 / JORC / SAMREC / PERC / PRMS / COGEH filings, and similar primary sources).
- Figures are grouped by project type (mining, oil & gas, royalty, stream, processing facility, development, portfolio aggregate) and are shown alongside the headline reserve base, headline production, headline grade / quality, cost benchmarks, estimated lifetime, commercial terms (for royalties / streams), operational capacity (for processing) and a single-figure rating where the underlying data supports one.
- Each data table on the Portfolio tab is followed by ONE Assumptions footnote describing the modelling choices for that table; KPI stat-card assumptions appear in the bottom block instead. All legal and section disclaimers are merged into a single disclaimer list at the bottom of the Portfolio tab.
Concepts in your sector — Oil & gas
- 1P/2P/3P — cumulative uncertainty. 1P = Proved (≥90%); 2P = Proved+Probable (≥50%, primary non-SEC metric); 3P adds Possible (≥10%). SEC filers often publish 1P only.
- Contingent (1C/2C/3C) = discovered, sub-commercial. Prospective (1U/2U/3U) = undiscovered. Neither feeds economic models without further work.
- Developed vs Undeveloped: PDP (producing), PDNP (developed non-producing), PUD (undeveloped). Reserves walk PUD→PDP is reclassification, not new discovery.
- BOE uses 6 Mcf gas : 1 bbl oil (thermal, not economic). Some issuers use 5.8:1 — read footnotes.
- Pricing case: Forecast vs Constant (NI 51-101/PRMS) or SEC 12-month average. Do not add cases together.
Portfolio tab — table guide
- Portfolio KPIs — company-level headline numbers aggregated from the featured projects (project counts, attributable annual production by commodity, attributable resource base by commodity, last filing date, operator share). USD value lines multiply attributable volumes by the resolved snapshot price.
- Portfolio snapshot — one-screen summary of the portfolio: counts by type and status, country mix, reporting standards used, operator share, primary commodity, attributable annual production summary and attributable resource base summary.
- Oil & Gas — one row per O&G project (typically a field, licence, play or basin asset), with columns for location, status, primary hydrocarbons, production (with rating), reserves & resources (with rating), costs and estimated lifetime.
- Royalty — one row per royalty interest held by the company. Columns cover the underlying project, operator, commodity, commercial terms (rate, type, cap, area-of-interest), attributable production, attributable reserves and estimated lifetime.
- Stream — one row per metal stream held by the company. Each row shows the underlying project, the streamed commodity, the headline stream percentage, the ongoing per-ounce / per-tonne payment, and attributable production / reserves.
- Processing facilities — one row per midstream / processing facility (pipeline, fractionator, LNG train, storage cavern, refinery, smelter, mill, heap-leach pad, CPP, etc.). Columns include nameplate capacity, contracted capacity, feedstock commodities and operational footprint.
- Development — projects in development status or in a pre-production lifecycle phase. The production column is re-labelled 'Targeted production (rating)' to highlight that the figures are plans, not actuals.
- Portfolio Aggregate — a single company-level row used when the company itself publishes a portfolio rollup (e.g. company-wide 2P barrels across all properties).
- Reserves & resources — detail — a leaf-category pivot showing every reserve and resource category disclosed across the projects.
- Reserves walk — gross (disclosed) — year-by-year reconciliation of the opening balance to the closing balance, broken into Extensions & discoveries, Revisions, Improved recovery, Purchases, Divestitures, Production and Conversion to developed.
- Reserves walk — net change by year — per-year summary of net additions and net deductions across the portfolio.
- NPV (grouped) — all NPV rows captured from the filings, grouped by commodity, resource category, development status and pricing case. Each NPV figure is shown with its discount rate, basis (before-tax / after-tax), currency and value scale.
Ownership / Working interest
- Ownership percentage means the company's working-interest share of the asset: its slice of the project before royalties and before government take. It is shown on a 0–100 scale.
- Mines, oil and gas fields, and processing facilities — this is how much of the asset belongs to the company under that working-interest idea. One hundred percent is fully owned; a lower number usually means partners share the rest.
- Royalties and streaming agreements — the percentage is often not the story; what matters economically is usually the royalty or stream rate, shown elsewhere alongside these figures.
- Oil and gas — read this as gross working interest only. Do not treat it as net production or net wells after royalties; when filings distinguish gross from net, that shows up in how the resource numbers themselves are labelled.
- Below 100% — the short summary for each project names other owners and their stakes when the source says who they are.
- NRI vs WI (O&G). Working interest (WI) is the obligation to pay a share of costs; net revenue interest (NRI) is the share of revenue after royalties and overriding-royalty interests. A 100% WI well rarely produces 100% NRI; typical onshore U.S. NRI is 75–87.5% of WI depending on the lease royalty.
- Operator vs non-operator. The operator runs day-to-day operations; non-operating partners pay their WI share of costs but do not run the asset. Some Portfolio rows show operator share where disclosed.
Hydrocarbon commodity — notes
- The Commodity column shows normalized labels; values are stored as snake_case CommodityCode strings in pkg/domain and project resource rows (for example shale_gas, oil_equivalent).
- Benchmarks and typical relationship cells are informal market context for reading disclosures — they are not MetalPilot price inputs.
Crude grade primer
- API gravity — lower = heavier. Light crude is ≥ 31.1° API (≤ 870 kg/m³); heavy is 22.3–31.1° API; extra-heavy is < 22.3°. Bitumen is ≤ 10° API.
- Sulphur — sweet vs sour. Sweet crude has ≤ 0.5% sulphur; sour > 0.5%. Refineries price the discount on sour crude into the differential.
- WTI vs Brent vs WCS. WTI (West Texas Intermediate, Cushing OK) is the U.S. light-sweet benchmark; Brent (North Sea) is the global light-sweet benchmark; WCS (Western Canadian Select) is the heavy/sour benchmark for Canadian production.
Unit codes, conversion cheat sheets, cost benchmarks (AISC, C1–C3), reporting standards (NI 43-101, JORC, SEC S-K 1300) and resource/reserve category definitions live in the full terminology & units reference.
Each table lists the numeric band for scores 1–5 (production and resource base; grade where applicable for mining commodities) using the same thresholds as project rating stat cards. Only commodities that appear on featured projects for this document are listed.
Oil
Natural gas
Copper uses kt Cu bands (Mlb Cu when lb-scale copper resources appear on featured projects). Lithium grade uses hard-rock % Li₂O bands unless brine-style extraction or brine units appear on featured projects.
Assumptions
- Presented values are denominated in currency of the country where the company is headquartered. Values like market capitalization might differ from the values visible in other parts of the page, where the currency is always USD.
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