Enbridge buying Salt Creek Midstream’s crude oil gathering business for US$600M

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CALGARY - Enbridge Inc. says it has signed a deal to buy Salt Creek Midstream's crude oil gathering business in the Delaware basin for US$600 million in cash.

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CALGARY – Enbridge Inc. says it has signed a deal to buy Salt Creek Midstream’s crude oil gathering business in the Delaware basin for US$600 million in cash.

The deal includes full ownership of the Orla and Wink North systems and a 50 per cent stake in the Delaware Crossing system.

The company says the business includes about 800 kilometres of crude oil gathering infrastructure that serves a group of more than 20 producers in New Mexico and Texas.

The Enbridge logo is shown at the company's annual meeting in Calgary on May 9, 2018. THE CANADIAN PRESS/Jeff McIntosh
The Enbridge logo is shown at the company's annual meeting in Calgary on May 9, 2018. THE CANADIAN PRESS/Jeff McIntosh

The Orla, Wink North and DCX gathering systems have a combined 420,000 barrels per day of throughput capacity and 350,000 barrels of storage capacity.

Colin Gruending, executive vice-president and president of Enbridge Liquids Pipelines, says the deal will extend Enbridge’s presence deeper into the Permian Basin through the addition of a highly connected crude gathering platform.

The transaction is expected to close later in 2026, subject to customary closing conditions.

This report by The Canadian Press was first published Aug. 26, 2026.

Companies in this story: (TSX:ENB)

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