Harvest Midstream announced on August 27 the signing of a sale agreement with MPLX LP for the acquisition of a set of natural gas gathering and processing assets in the Uinta and Green River basins, for a total of $1 billion. This transaction significantly strengthens Harvest’s geographic presence in the western United States, expanding across Wyoming, Utah, and Colorado. The deal is expected to close in the fourth quarter of 2025.
The acquired assets include approximately 700 miles of gas gathering pipelines and two processing units in the Uinta Basin, Ironhorse and Stagecoach, offering a combined capacity of 345 million cubic feet per day. Capacity expansion work is already underway at these sites. In the Green River Basin, Harvest is taking over approximately 800 miles of pipelines and two additional processing facilities at Blacks Fork and Vermilion, with a total capacity of 500 million cubic feet per day, along with a fractionation capacity of 10,000 barrels per day.
Strategic rollout and organic growth
This acquisition marks a key step in Harvest Midstream’s long-term expansion strategy. The company, positioning itself as one of the leading privately held midstream operators in the United States, states its intent to build a resilient network capable of sustainably supporting national energy needs. “These premier MPLX assets fit squarely into our strategy,” said Jason C. Rebrook, Chief Executive Officer of Harvest Midstream, in a statement published on August 27.
The integration of these assets will allow Harvest to assume full operational control of the infrastructure once the transaction closes. The company plans to maintain uninterrupted service for existing customers while exploring opportunities for organic or acquisition-driven growth from these platforms.
Strengthening interregional connectivity
The deal significantly increases Harvest’s connectivity between several major natural gas production basins. The company thereby gains logistical flexibility and regional aggregation capacity, both of which are critical in the context of fragmented gas markets.
Through this expansion, Harvest Midstream continues its horizontal integration strategy aimed at securing infrastructure capacity in strategic production zones. The assets acquired also represent an opportunity for operational optimisation through synergies between the processing plants and existing transportation networks.
