Devon Energy's Solitude Pipeline System Takes Shape
Devon Energy Corporation has made a positive Final Investment Decision on the Solitude Pipeline System, a WhiteWater-led joint venture that will construct two 48-inch natural gas pipelines connecting the Permian Basin to Katy, TX.
The pipeline system is designed for a phased build-out of approximately 2.25 Bcf per day entering service in the second half of 2029, followed by a similarly sized second phase in 2030 and the ability to expand further to meet shipper demand.
Devon has secured firm transportation capacity and will hold a 25% equity interest in the joint venture, alongside WhiteWater (50%), MPLX (10%), Diamondback Energy (7.5%) and Western Midstream Partners (7.5%).
The Solitude pipeline represents the next step in Devon's progression to solve Permian egress and move its gas out of the Waha hub, which has long been plagued by volatile and periodically negative pricing due to takeaway capacity failing to keep pace with associated gas growth.