Targa Resources Corp. Launches Non-Binding Open Season for Natural Gas Pipeline in the Delaware Basin
Targa Resources Corp. (NYSE:TRGP) has launched a non-binding open season for its proposed Forza Pipeline Project in the Delaware Basin. The project features 36 miles of 36-inch diameter pipe with a capacity of 750 dekatherms per day of primary firm transportation service.
The pipeline will connect receipt points in Lea County, New Mexico to multiple delivery points near the Waha Hub in Texas, linking gas processing facilities to in-basin demand and other markets. The open season runs from September 2 to October 2, 2025, with project completion targeted for mid-2028, subject to shipper interest and regulatory approvals.
Targa Resources Corp. (NYSE:TRGP) ha avviato una open season non vincolante per il suo proposto Forza Pipeline Project nel Bacino del Delaware. Il progetto prevede 36 miglia di condotta del diametro di 36 pollici con una capacit脿 di 750 dekatherm al giorno per il servizio di trasporto primario firm.
Il gasdotto collegher脿 punti di ricezione nella Contea di Lea, New Mexico a pi霉 punti di consegna nei pressi dell'Waha Hub in Texas, mettendo in collegamento impianti di trattamento del gas con la domanda locale e altri mercati. L'open season si svolge dal 2 settembre al 2 ottobre 2025, con completamento del progetto previsto per la met脿 del 2028, subordinato all'interesse degli shipper e alle approvazioni regolamentari.
Targa Resources Corp. (NYSE:TRGP) ha iniciado una open season no vinculante para su propuesto Forza Pipeline Project en la Cuenca de Delaware. El proyecto contempla 36 millas de tuber铆a de 36 pulgadas de di谩metro con una capacidad de 750 dekatherms por d铆a para servicio de transporte firme primario.
El gasoducto conectar谩 puntos de recepci贸n en la condado de Lea, Nuevo M茅xico con m煤ltiples puntos de entrega cerca del Waha Hub en Texas, enlazando instalaciones de procesamiento de gas con la demanda en la cuenca y otros mercados. La open season se desarrolla del 2 de septiembre al 2 de octubre de 2025, y la finalizaci贸n del proyecto est谩 prevista para la mitad de 2028, sujeta al inter茅s de los transportistas y aprobaciones regulatorias.
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Targa Resources Corp. (NYSE:TRGP) a lanc茅 une open season non contraignante pour son projet propos茅 Forza Pipeline Project dans le bassin du Delaware. Le projet comprend 36 miles de conduite de 36 pouces de diam猫tre avec une capacit茅 de 750 dekatherms par jour pour un service de transport ferme principal.
Le pipeline reliera des points de r茅ception dans le comt茅 de Lea, Nouveau-Mexique 脿 plusieurs points de livraison pr猫s du Waha Hub au Texas, reliant les installations de traitement du gaz 脿 la demande locale et 脿 d'autres march茅s. L'open season se d茅roule du 2 septembre au 2 octobre 2025, et l'ach猫vement du projet est pr茅vu pour mi-2028, sous r茅serve de l'int茅r锚t des exp茅diteurs et des approbations r茅glementaires.
Targa Resources Corp. (NYSE:TRGP) hat eine unverbindliche Open Season f眉r das vorgeschlagene Forza Pipeline Project im Delaware-Becken gestartet. Das Projekt umfasst 36 Meilen einer 36-Zoll-Rohrleitung mit einer Kapazit盲t von 750 Dekathermen pro Tag f眉r prim盲ren festen Transportsservice.
Die Pipeline wird Empfangspunkte im Lea County, New Mexico mit mehreren Lieferpunkten in der N盲he des Waha Hub in Texas verbinden und Erdgasverarbeitungsanlagen mit Nachfrage im Becken sowie anderen M盲rkten verkn眉pfen. Die Open Season l盲uft vom 2. September bis 2. Oktober 2025, die Fertigstellung ist f眉r Mitte 2028 vorgesehen und h盲ngt vom Interesse der Versender sowie von beh枚rdlichen Genehmigungen ab.
- Project will support increasing natural gas production in the Delaware Basin
- Strategic connection to Waha Hub provides access to multiple demand markets
- Pipeline infrastructure expansion supports regional growth
- Project completion not expected until mid-2028
- Final development subject to shipper interest and regulatory approvals
HOUSTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (鈥淭arga鈥� or the 鈥淐ompany鈥�) announced today the launch of a non-binding open season for its proposed Forza Pipeline Project (鈥淔orza Project鈥�), a new interstate natural gas pipeline that will support increasing natural gas production in the Delaware Basin in Southeast New Mexico. The open season begins at 8:00 a.m. Central Standard Time September 2, 2025, and is scheduled to end at 5:00 p.m. Central Standard Time on October 2, 2025.
The Forza Project consists of 36 miles of 36-inch diameter pipe, providing 750 dekatherms per day (鈥淒th/d鈥�) of primary firm transportation service from receipt points in Lea County, New Mexico to multiple delivery points near the Waha Hub in Texas, and will connect new and existing gas processing facilities to in-basin demand and other demand markets. Pending shipper interest and necessary regulatory approvals, the project is scheduled for completion in mid-2028.
Interested parties are invited to participate in the open season to secure firm transportation capacity on the Forza Project. More detailed information about the open season is available on the Natural Gas Pipelines page on Targa鈥檚 website, at . Pro forma agreements will be made available to prospective shippers upon execution of a confidentiality agreement.
Inquiries about the Open Season or this notice should be directed to:
JB Smith
Vice President, Commercial Gas Pipelines
Targa Resources Corp.
214-420-4936
About Targa Resources Corp.
Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic infrastructure assets and its operations are critical to the efficient, safe and reliable delivery of energy across the United States and increasingly to the world. The Company鈥檚 assets connect natural gas and NGLs to domestic and international markets with growing demand for cleaner fuels and feedstocks. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling NGLs and NGL products, including services to LPG exporters; and gathering, storing, terminaling, and purchasing and selling crude oil.
Targa is a FORTUNE 500 company and is included in the S&P 500.
For more information, please visit the Company鈥檚 website at .
Targa Investor Relations
(713) 584-1133
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