MPLX LP announced the divestiture of its Rockies gathering and processing assets to a Harvest Midstream subsidiary for $1.0 billion in cash. The deal includes natural gas gathering and transportation pipelines with 1.2 billion cubic feet per day of processing capacity. The deal is expected to close in Q4 2025 and allows MPLX to refocus its portfolio on higher-growth Marcellus and Permian basin assets.
MPLX Sells Rockies Gathering and Processing Assets to Harvest Midstream
Acquirer
Harvest Midstream
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Target
MPLX's Rockies gathering and processing assets
2025
Year
🇺🇸 United States
Country
Asset Sale
Deal Type
Deal Value
Sector
Midstream
Industry
Oil and Gas
Date Added
Jun 29, 2026
Status
Announced
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