What are the two new infrastructure projects Phillips 66 is expanding in the Permian Basin and Gulf Coast, and when are they expected to begin operations?

Phillips 66 is moving forward with the Zeus Gas Plant in the Permian Basin and a third Coastal Bend Fractionator in Texas; both projects are expected to start operations in 2028.

What are the key capacities of the Zeus Gas Plant and the third Coastal Bend Fractionator, and what functions do they serve in Phillips 66's midstream system?

The Zeus Gas Plant will process 300 million cubic feet per day of natural gas and includes the new 45-mile, 20-inch Midland Express pipeline capable of moving up to 230 million cubic feet per day of raw natural gas; the third Coastal Bend Fractionator will have a capacity of 100,000 barrels per day and separates mixed natural gas liquids into individual products like ethane, propane, and butane — enabling marketing, transportation, or export — thereby supporting rising Permian Basin production by adding gas processing and NGL fractionation capacity across Phillips 66’s integrated system.

Phillips 66 to expand gas processing in Permian Basin and Gulf Coast

May 18, 2026

Phillips 66 plans to expand gas processing with the Zeus Gas Plant and a new Coastal Bend Fractionator, targeting 2028 operations for rising Permian Basin production. The projects add capacity for natural gas liquids within the company's $2.5 billion capital spending plan.

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Phillips 66 to expand gas processing in Permian Basin and Gulf Coast

Phillips 66 to expand gas processing in Permian Basin and Gulf Coast

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