The Panola Pipeline is operated by Enterprise Products Partners in Texas and takes Y-grade NGLs from Panola County to fractionation facilities in Mont Belvieu. (Source: Shutterstock)
Pearl Energy Investments portfolio company Voyager Midstream Holdings has closed on its deal with Phillips 66 for its non-op interest in the Panola Pipeline, Voyager said March 19.
The Panola Pipeline is operated by Enterprise Products Partners in Texas and takes Y-grade NGLs from Panola County to fractionation facilities in Mont Belvieu.
“Panola Pipeline is a critical NGL pipeline connecting the major East Texas gas processing complexes and Gulf Coast demand markets. We are excited to work alongside our partners in Panola Pipeline to safely transport liquids to satisfy growing demand for NGLs along the Gulf Coast,” said Voyager CEO Will Harvey. “This acquisition strengthens our ability to provide cost-effective and reliable service to our customers.”
Voyager owns and operates the Carthage Hub, a 1-Bcf/d natural gas trading hub interconnecting LNG markets in Texas and Louisiana. The company’s portfolio includes 550 miles of natural gas pipelines and associated compression, 400 MMcf/d of active cryogenic gas processing capacity and 12,000 bbl/d of liquids fractionation capacity, which the company bought from Phillips 66 in 2024.
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