Friday, August 16, 2019
(August 16, 2019) — Enterprise Products Partners LP (Houston) and Altus Midstream Co. (Houston) have closed a deal that will have Altus Midstream acquire a 33% equity interest in an Enterprise Products subsidiary that owns the Shin Oak natural gas liquids pipeline. The 658-mile Shin Oak Pipeline transports growing NGL production from multiple basins, including the Permian, to Enterprise’s fractionation and storage complex in Mont Belvieu.