Harvest Midstream has finalized its $1 billion acquisition from MPLX LP, marking a major expansion of the company’s natural gas gathering and processing network across the Uinta and Green River basins in Wyoming, Utah, and Colorado. The closing of the transaction strengthens Harvest’s position as one of the largest privately held midstream operators in the United States, significantly increasing its national operating footprint.
The newly acquired Uinta Basin system comprises approximately 700 miles of gathering pipelines and 345 million cubic feet per day of processing capacity at the Ironhorse and Stagecoach facilities, with additional expansion currently underway. In the Green River Basin, the assets include an extra 800 miles of pipelines, 500 million cubic feet per day of processing capacity at the Blacks Fork and Vermilion plants, and 10,000 barrels per day of fractionation capacity.
By completing the transaction, Harvest will now entirely operate the assets and plans to continue delivering reliable service to its existing customers. The company also expects the expanded platform to support further growth opportunities across major U.S. energy regions. The strategic move enhances Harvest’s ability to serve producers with scalable infrastructure while advancing its long-term growth objectives.
KEY QUOTE:
“This deal is about growth through action. We are expanding where it matters most — in the heart of America’s energy production — and continuing to deliver results through disciplined execution and operational excellence.”
Jason C. Rebrook, CEO, Harvest Midstream
