One-Page Deal Sheet
Exxon Acquires Delaware Basin Terminal from Genesis
Not Disclosed Not Disclosed
Announced Date
October 18,2017
Transaction Type
Asset
Source Documents:
Location
Region
Permian - Delaware Basin
Country
United States
State
Texas
County
Winkler
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Transaction Details:
Exxon has agreed to acquire a crude oil terminal from Genesis Energy LP.
The terminal is located in Wink, Texas, in the heart of the Delaware Basin. The facility is interconnected to the Plains Alpha Crude Connector pipeline system, and is permitted for 100,000 barrels per day of throughput with the ability to expand.
This acquisition marks ExxonMobil’s first terminal in the Permian Basin to be anchored by the corporation’s newly acquired Delaware Basin acreage, previously announced in January.
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