TRGP · 10-Q · 2026Q2 · Full report

Manufacturing Capacity Expansion

Targa Resources Corp. · 2026-08-06 · Importance 37 · Surprise 42

Targa is expanding Permian Basin processing capacity in response to increasing production and infrastructure needs from producers and downstream customers. Falcon II, East Pembrook, and East Driver, each with 275 MMcf/d of capacity, commenced operations during the first half of 2026, adding 825 MMcf/d. Copperhead, Yeti, Yeti II, Roadrunner III, and Copperhead II are scheduled to add another 2.16 Bcf/d between the first quarter of 2027 and the first quarter of 2028. Targa also commenced operations at its 150 MBbl/d Train 11 fractionator in Mont Belvieu during the second quarter of 2026, with Trains 12 and 13 planned for 2027 and 2028.