Canadian midstream company Enbridge has signed a definitive agreement to acquire Salt Creek Midstream’s crude oil gathering business in the United States for USD600m. The transaction covers 100% of the Orla and Wink North systems and a 50% interest in the Delaware Crossing (DCX) system (Enbridge press release 26/08/2026).
“The business includes approximately 500 miles of crude oil gathering infrastructure located in the core of the Delaware Basin, one of the most prolific and competitive crude oil producing regions in North America”, said the company’s press release. The assets serve more than 20 different producers. The Orla, Wink North and DCX systems have a combined throughput capacity of 420 kb/d and storage capacity of 350,000 barrels (bbl).
According to the company, the acquisition will create a direct link between Permian Basin production and the Enbridge Ingleside Energy Center, described as North America’s largest crude export terminal. The transaction is expected to close later in 2026, subject to standard closing requirements.
Separately, Enbridge and KKR have agreed to establish a joint venture to fund the Aspen Point and Sunrise Expansion Programmes on the Westcoast natural gas pipeline system in British Columbia (BC), Canada (Enbridge press release, 27/08/2026). Under the agreement, KKR and Apollo will obtain an indirect, cumulative 29% stake in the Westcoast system once the Sunrise Expansion enters service. A KKR managing director said: “The Westcoast pipeline is an important natural gas transportation system serving customers across Western Canada and North America."
The Aspen Point Expansion is expected to enter service in 2026, followed by the Sunrise Expansion in late 2028. Both projects had previously received sanction, are supported by long-term take-or-pay contracts, and have secured regulatory approval. The Westcoast pipeline system currently has the capacity to transport up to 3.6 bcf/d (37 bcm/year) of natural gas. This is expected to increase to 3.9 bcf/d (40 bcm/year) once the Sunrise Expansion becomes operational. The system extends for more than 2,900 km, linking Fort Nelson and Gordondale in north-east BC with the Canada-US border at Huntingdon/Sumas.
The transaction represents a total investment of approximately CAD 2.7bn (USD1.9bn), led by KKR in partnership with Apollo-managed funds and affiliates, and remains subject to customary closing conditions.