TRGP · 10-Q · 2026Q3 · Full report
NGL Pipeline Expansion
Targa Resources Corp. · 2026-11-05 · Importance 52 · Surprise 42 · In source text
The Delaware Express intra-Delaware Basin expansion of Targa’s NGL pipeline system commenced operations in the second quarter of 2026. The planned Speedway pipeline will move NGLs from existing and future Permian Basin plants to Targa’s fractionation and storage complex in Mont Belvieu, Texas. The approximately 500-mile, 30-inch pipeline is designed for initial capacity of about 500 MBbl/d, expandable to 1,000 MBbl/d, and is expected to begin operations in the third quarter of 2027.
Key facts
- Targa’s planned Speedway NGL Pipeline comprises approximately 500 miles of 30-inch pipeline, with initial capacity of approximately 500 MBbl/d expandable to 1,000 MBbl/d, and was expected to begin operations in the third quarter of 2027. source
- Targa’s Delaware Express intra-Delaware Basin NGL pipeline expansion commenced operations in the second quarter of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Targa’s planned Speedway NGL Pipeline comprises approximately 500 miles of 30-inch pipeline, with initial capacity of approximately 500… |