Targa Resources Corp. is preparing another round of natural gas processing capacity expansions in the Permian basin, as production growth in the region continues to drive new infrastructure spending.

During its third-quarter 2026 earnings call on Nov. 5, Jen Kneale, Targa’s president, confirmed the company is already in the process of ordering long-lead equipment for three newly announced gas processing plants, including an additional plant in the Permian’s Midland basin and two in the Delaware basin.

While precise timing and locations of the newly revealed and still-yet-to-be named plants remain under evaluation, the projects will likely need to be ready by 2028 or early 2029 as part of Targa’s commitments to provide ExxonMobil Corp. subsidiaries integrated midstream and downstream services in the Delaware and Midland basins under 20-year, fee-based agreements signed in August.

Kneale made a point, however, to clarify that the future Delaware plants should not be viewed as solely "Exxon plants," as physical throughput at the installations are anticipated to include volumes from a mix of producers.

The newly announced gas processing additions follow a series of Permian plants already under way, including the 265-MMcfd Roadrunner III, 275-MMcfd Copperhead II, 275-MMcfd Wrangler, 275-MMcfd Ranger, and 275-MMcfd Ranger II plants, all of which are scheduled to enter service during first-half 2028.

Targa confirmed several other plants are due for startup sooner than originally anticipated, with the first 275-MMcfd Copperhead plant in the Delaware basin already in startup mode ahead of schedule.

Elsewhere in the Permian Delaware, Targa also said it now expects the Yeti and Yeti II plants—each with a capacity of 275 MMcfd—to begin operations in second-quarter and third-quarter 2027, respectively, earlier than previously planned.

In the Midland basin, the 275-MMcfd East Driver plant achieved startup in second-quarter 2026, the company said.

LNG fractionation, pipelines

Targa confirmed it also has taken positive final investment decision (FID) to add a new NGL fractionator at its operations in Mont Belvieu, Tex.

Scheduled for startup in first-quarter 2029, the planned 150,000-b/d Train 14 fractionator, once online, would bring Targa-operated fractionation capacity at the complex to about 1.8 million b/d.

Train 13, also designed for 150,000 b/d, remains on track to enter service during first-quarter 2028, which will be Mont Belvieu’s next addition following the ahead-of-schedule completion and startup earlier this quarter of the company’s 150,000-b/d Train 12.

The 500,000-b/d Speedway NGL pipeline remains on schedule for third-quarter 2027 service, with Kneale confirming during the earning call that Targa had already ordered additional pumps to support future capacity increases.

Targa also placed its Bull Run Extension residue-gas pipeline into service early in fourth-quarter 2026, ahead of schedule. Buffalo Run, Bull Run II, and Forza remain under construction.

In its November presentation to investors, Targa lists Buffalo Run to be in service in first-quarter 2028, with Bull Run II and Forza due online in second-quarter 2028.