It must’ve been a high-fiving, palm-slapping day March 14 this year when Houston-based Northwind Midstream announced service on its expanded gas treating, gathering, compression, and carbon sequestration system in Lea County, N.M. With 200,000 dedicated acres, 200+ miles of pipe, 150 MMCFD of treating capacity and 41,750 hp across 5 compressor stations, Northwind’s buildout was exactly what this part of the Permian Delaware needed to clean up sour gas and make it safe and marketable.

Reese Energy Consulting today is following the latest from Northwind, a three-year-old equity youngin’ backed by Five Point Infrastructure, whose specialized infrastructure to manage off-spec gas—and plans to increase its treating capacity to 440 MMCFD by next year—caught the eye of Ohio-based MPLX. Cue another round of high-fives and palm slaps cause now, in an all-cash $2.38 billion deal, MPLX will add Northwind’s gathering and processing assets to its own sour gas footprint and expand into southeast N.M., where demand outweighs available infrastructure.