MPLX to Sell Rockies Assets for $1B, Focus on Core Basins

Friday, Aug 29, 2025 12:17 pm ET1min read

MPLX LP has agreed to sell its Rockies gathering and processing assets for $1 billion in cash to Harvest Midstream. The deal includes 1.2 billion cubic feet per day of processing capacity and 700 miles of gas-gathering pipelines. MPLX plans to focus on its core business areas in the Marcellus and Permian basins. The transaction is expected to conclude in Q4 2025.

MPLX to Sell Rockies Assets for $1B, Focus on Core Basins

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