Overview
- The Bahia system spans 550 miles and is in commissioning with initial capacity of 600,000 barrels per day moving NGLs from the Midland and Delaware basins to Mont Belvieu.
- ExxonMobil agreed to acquire a 40% undivided joint interest, with closing targeted by early 2026 pending regulatory approvals.
- After closing, the companies plan to add pumping capacity and build a 92-mile extension to ExxonMobil’s Cowboy gas processing plant in Eddy County, New Mexico, raising capacity to 1 million barrels per day.
- The extension will also connect to multiple Enterprise processing facilities in the Delaware Basin, with the expansion slated for completion in the fourth quarter of 2027.
- Enterprise will operate the combined system, and ExxonMobil intends to brand its interest as the Cowboy Connector.