ExxonMobil is investing in the expansion of the Enterprise Products Bahia natural gas liquids (NGL) pipeline, increasing its throughput by 400 000 bpd to bring total capacity to 1 million bpd.
The investment also includes an extension to connect NGL production from ExxonMobil’s Cowboy Central Delivery Point in Eddy County, New Mexico.
Operating under the name 'Cowboy Connector Pipeline', the project connects ExxonMobil’s growing production in the Permian Basin to US Gulf Coast refining and chemical facilities and enables access to export logistics to serve markets around the world. The strategic investment is expected to deliver long-term value for shareholders, strengthening ExxonMobil’s value chain and improving logistics flexibility associated with our growing Permian production in the Delaware and Midland basins. Furthermore, it helps ensure reliable access to the raw NGL mix that will be distilled into component products needed predominantly to support chemical manufacturing and produce essential materials like plastics that benefit everyday life.
The transaction is subject to regulatory approvals and is targeted to close by early 2026, with our expanded capacity scheduled to come online by late 2027.