What is the latest status of the project “New Mexico Midstream Project Sale”?

The status recorded for “New Mexico Midstream Project Sale” is completed.

What is the budget and commercial profile for the project “New Mexico Midstream Project Sale”?

Taiyo normalizes the budget of “New Mexico Midstream Project Sale” to USD 111000000.

Where can I verify the source and access all details for “New Mexico Midstream Project Sale”?

This Taiyo project page references ABC4 Utah along with the original URL (https://www.abc4.com/business/press-releases/cision/20251204DA39194/riley-permian-announces-sale-of-new-mexico-midstream-project). Taiyo standardizes official data into a consistent, searchable project profile.

New Mexico Midstream Project Sale

Sector: Natural Gas • Location: New Mexico, United States

Source: ABC4 Utah

Project

Completed

Riley Exploration Permian, Inc. sold all membership interests in Dovetail Midstream, LLC, a wholly-owned subsidiary with natural gas gathering infrastructure in Eddy County, New Mexico, to Targa Northern Delaware LLC for approximately $111 million. The transaction includes a subsequent sale of compressor station assets for about $10 million, expected by Q1 2026. The sale aims to reduce borrowings

Status: Closed
Sector: Natural Gas
Location: New Mexico, United States of America
Updated: 22 Jul 2026
Source: ABC4 Utah

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Project Information

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The project “New Mexico Midstream Project Sale” is an infrastructure initiative in the Natural Gas sector, located in New Mexico, United States. Taiyo aggregates data on it from ABC4 Utah.

Participants

Not available for this record.

Status

Original status	completed
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Riley Exploration Permian, Inc. sold all membership interests in Dovetail Midstream, LLC, a wholly-owned subsidiary with natural gas gathering infrastructure in Eddy County, New Mexico, to Targa Northern Delaware LLC for approximately $111 million. The transaction includes a subsequent sale of compressor station assets for about $10 million, expected by Q1 2026. The sale aims to reduce borrowings and focus on upstream asset development.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	New Mexico

Source

Source	ABC4 Utah
URL

More Details

Record type	Project
Sector	Natural Gas
Article published date	2025-12-08

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