Harvest Midstream Expands Footprint with $1 Billion Acquisition of MPLX's Uinta and Green River Basin Assets

Reuters
Aug 27
Harvest Midstream Expands Footprint with $1 Billion Acquisition of MPLX's Uinta and Green River Basin Assets

Harvest Midstream has announced an agreement to acquire MPLX LP's natural gas gathering and processing assets in the Uinta and Green River basins for $1 billion. This acquisition marks a significant development in Harvest's growth strategy, as they aim to become a leading midstream company. The deal will provide Harvest with control over approximately 1,500 miles of gas gathering pipelines and significant gas processing capacity in Wyoming, Utah, and Colorado. The transaction is expected to close in the fourth quarter of 2025, after which Harvest plans to maintain uninterrupted service for existing customers and pursue further growth opportunities.

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