Lucid Energy Group signs natural gas transport deal with Marathon Oil


Lucid Energy Group has signed a long-term natural gas gathering and processing agreement with Marathon Oil Permian LLC, a subsidiary of Marathon Oil Company.

Lucid, which provides a full range of gas midstream services to more than 50 customers in New Mexico and West Texas, will significantly expand its existing gathering and compression infrastructure network to serve Marathon’s growing production.

The Dallas-based private company will provide midstream services to Marathon under a long-term acreage dedication for all of Marathon’s operated acreage in Lea County, New Mexico, as well as a portion of Marathon’s operated acreage in Eddy County, New Mexico.

“Marathon is a premier producer and a valued customer that we are fortunate to serve,” said Michael J. Latchem, Lucid CEO.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...