Dallas based Energy Transfer (ET) said Monday it agreed to acquire the owner and operator of the Centurion Pipeline system in the Permian Basin from an affiliate of EnCap Flatrock Midstream. The deal is for cash and stock valued at $1.45B ($900M cash and ~44.5M newly issued Energy Transfer (ET) common units.) Energy Transfer (ET) said the Centurion assets, “located across some of the most active areas of the Permian Basin, provide significant gathering volumes from key producers while also … Continue reading “Energy Transfer Expands Permian Network with $1.45 Billion Centurion Pipeline Deal”