Targa adding midstream infrastructure amid new Permian agreements with ExxonMobil

Targa Resources Corp. has entered a series of new 20-year, fee-based agreements with ExxonMobil Corp. subsidiaries for integrated midstream and downstream services in the Permian basin aimed at supporting the global major’s ongoing development of production acreage in the Delaware and Midland basins.

Announced in mid-August, the newly signed …