MVP Holdings, LLC has acquired Echo Canyon Pipeline Holdings, LLC and its subsidiaries.
The purchase will expand MVP’s crude business into the southern Midland basin in West Texas. Echo operates 190 miles of crude gathering pipeline that are stationed in Upton, Reagan, Glasscock, Irion and Crocket counties. The firm owns truck unloading facilities, shell storage and connections to crude oil off-take pipelines.
“The Echo Canyon acquisition continues our vision to grow MVP’s footprint in Texas and become the preferred midstream and marketing partner for oil and gas producers throughout the US,” said MVP president Gary Navarro.