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Solitude Pipeline FID finalizes Permian to Gulf Coast gas expansion

Aug 17, 2026, 7:04 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

FID-backed project with long-term contracts reduces downside risk and improves visibility of cash flows for Diamondback (FANG) and co-owners; historical midstream FIDs often precede modest stock reratings for involved producers and operators when project economics are visible and backed by shippers.

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What happened, with direct paths to the underlying reporting

WhiteWater and partners including Diamondback Energy (FANG) and Devon Energy (DVN) announced a positive Final Investment Decision to build the Solitude Pipeline System from the Permian to Katy, TX. Initial capacity is 2.25 Bcf/d in 2029, with an additional 2.25 Bcf/d in 2030, aiming to meet growing Gulf Coast demand. The project is backed by long-term firm transportation agreements and a diversified ownership structure, signaling durable cash-flow potential for involved producers.

Solitude Pipeline System receives Final Investment Decision to build two 48-inch gas lines.
Capacity: 2.25 Bcf/d in late 2029, plus another 2.25 Bcf/d in 2030.
Service expected in 2H 2029, subject to regulatory approvals.
Ownership: WhiteWater 50%, Devon 25%, MPLX 10%, Diamondback 7.5%, WES 7.5%.
Long-term firm transport agreements with investment-grade shippers back the project.

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